Consumer Debt Relief Program Information: What Kinds of Debt Can Consumers Get Help For?

Debt relief companies have been around for many decades in one form or another. Since there are so many scams out there, you should always be careful when getting help from the “experts.” Sure, you can find a legitimate consumer debt relief program that charges fees, but you should take the time to research that company and evaluate your own options to determine if it offers the right services for you.

There are numerous ways to deal with debt, including some DIY methods, but many people find themselves so tied up in debt that they just want a company to help them organize everything. If you feel like you are really behind on a lot of payments and don’t know what to do, then it makes sense to seek the help of a company that knows how to help you get back on your feet again.

If your debts mostly involve credit cards, then it should be easier to get some relief. These are the types of debt that relief programs typically offer consumers:

• All major credit cards (MC, Discover, Visa, AMEX, etc.)

• Department store cards (PayPal, GAP, Sears, Walmart, etc.)

• Gas cards

• Most bank loans from previous banks

• Unsecured personal loans

• Installment loans

• Bad rent (if you are no longer the resident)

• Commercial debts (if the company has already closed)

• Old cell phone bills (not updated)

Ask about the consumer debt relief program

Not each and every one of these programs will be offered in every consumer debt relief program, and some companies might even be able to help you with more.

When obtaining a free consultation, the company should inform you which option (s) might be the best for you. For example, a consolidation loan is often a good idea for those who will benefit from paying a single bill each month rather than dozens, even if the interest on the consolidation loan itself is not low.

Credit counseling is almost always a good idea, as you will have a professional who can advise you on the best way to handle your particular credit problems. If creditors find out that you’ve signed up for a counseling, management, or payment plan, they may be willing to give you a little breathing space. However, your credit score could be affected.

Get answers to all your problems by getting a consultation with CuraDebt – the number one consumer debt relief program. Get a free consultation on how much you can potentially save and what would be the best strategy for your financial situation.