Many people spend years and years balancing a fragile credit card debt with their ability to pay it and eventually even the most inept of personal spender can see the house of cards getting ready to collapse.
The first inclination is to run to the credit card debt management companies you see on television and ask them to help you put the house of cards back together so you can go on with your spending habits until the cards crash again and that is exactly what a regular credit card management company will do. They will help you get out of trouble temporarily and then watch you get right back into trouble again so they can swoop in and save you while adding to the money they already make from you on a monthly basis.
Maybe you should turn off the television, pick up the phone book, and find the phone number of a non profit credit card debt consolidation organization to offer you some real help.
Non-profit credit card debt consolidation services analyze your situation honestly, letting you know exactly what their debt elimination plan will cost you in the long run. That includes the monthly fee that they will charge you for their assistance in the whole process.
Credit card debt management companies charge a service fee too. But they try their best to conceal the amount of that payment from you. Non-profit credit card debt consolidation organizations are not interested in just getting you out of the debt you currently find yourself in. They will no doubt ask you extensive questions regarding your spending habits to help you get your life better organized financially. You will be completely involved in the debt elimination process.
Now The Bad News
Most professional debt consolidation managers would prefer to work for a company that pays them the highest salary possible for the work that they do. Non-profit debt consolidation organizations are not in a position to pay as much as other companies in the field can. That means that they tend to hire less experienced employees.
If, while receiving assistance from a non-profit debt consolidation service, you feel uncomfortable with your debt manager who is working with you, you can decide to get assistance from another service. Make sure that you ask lots of questions and that you understand exactly what will be done in an effort to fix your finances.
About the Author:
Are you never able to pay off credit card bill at the end of the month? Learn how to get your debt paid off easier - starting right now - at the Debtopedia website. Visit http://www.debtopedia.com to get your free copy of my special report "Secrets of Credit Card Debt" now.
Ten years and counting | Dev release: 0.2.153.1 | What would you ask Senators McCain and Obama? | Announcing the Android 1.0 SDK, release 1 | Opening the door to geospatial data | Developer Day London videos and presentations now online | The first Android-powered phone . .. ... ....
0 comments:
Post a Comment