Quantcast Becoming & Staying Debt Free: Credit Counseling and Consolidation?

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The rich rules over the poor, And the borrower becomes the lender's slave.
-- Proverbs 22:7 (NASB)

Monday, October 01, 2007

Credit Counseling and Consolidation?

Debt Consolidation Care is an online credit counseling service. They help people with debt consolidation, debt consolidation loans, credit card debts, debt settlement, collection agencies, payday loans, creditors and budgeting.

They do this through their Credit counseling and debt consolidation services. Their financial counselors will give professional and confidential one on one consultation to families and individuals (like you) in debt to further educate them how to find financial freedom.

Their mission statement, on their website reads:


Debt Consolidation Care mission is to get their clients out of debt quickly, and educate our clients so they stay out of debt. We want to give our clients a fresh start so that they can enjoy financial freedom for the rest of their life. We hope that you will now join our other clients on the path to financial freedom


As I looked at this site, I wondered if they could help me reach my goal on the ambitious goal that I have set for myself. I realize Dave Ramsey advises if a firm such as this is used, to use a non-profit Consumer credit Counseling Service. Still, the thought is there and unlike other privately owned counseling service, this one is not owned by the creditors.

So can they help this 39 year old single guy from Kansas? Do I have to many secured debts and not enough unsecured debt to be helped by such services? How much do they charge? Maybe I should continue on my own with gazelle intensity to get the rest of my debts paid off. Then again, lower interest rates could possibly get them paid off faster. hmmmmmmmm








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3 comments:

Brian said...

After reading the review, I went through the site and requested for a free counseling from the counselors of Debt Consolidation Care. I got a call back within minutes after completing the application form on the website. The counselor explained me the process of the program and figured out a plan that suits the best in my situation. I was running through a series of questions but he eased my mind and set up monthly payments that I will be able to afford in the future. I don’t have too many debts as I was thinking it may be one of their qualification criteria. The counselor is been very helpful and he got me enrolled in a suitable plan. I can manage to pay the fees charged by them and the interest rates will be dropped down from what I am currently paying. I think if you are in their website and want to have the free counseling, clear all the doubts and then give a thought before you want to hire them for the services. Good luck!!

Default Notice said...

Best thing is to ask them...

debt advice said...

Yeah, I'd second what default notice said. A lot of these credit counseling and debt consolidation companies have freephone numbers you can call and I'm sure they would be able to tell you exactly what they could do to help. Even if they couldn't help you with your secured debts - i'm sure they could point you in the right direction.

Good luck


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