A large number of individuals spend a vast number of years trying to keep their credit card debt under control, only to lose the delicate balance and see everything come crashing down around them.
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.
Instead of calling the first service that advertises their assistance on TV, why not get out your phone book and look up the number of a non-profit credit card debt consolidation organization. That way, you can get the help you actually need.
With a non profit credit card debt consolidation organization you will get honest answers and they will sit down with you and show you all of the numbers involved in non profit credit card debt consolidation and then they also have to show you what they will be charging you every month to do the service.
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.
The Catch
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.
Sometimes you many not get the best manager for your case but just ask a lot of questions and if you are not comfortable with the manager then you may want to decide to take your problems elsewhere.
About the Author:
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 - on the Debtopedia website. Visit http://www.debtopedia.com to get your free copy of my special report "Secrets of Credit Card Debt" now.
0 comments:
Post a Comment