You have made the decision to get help with your debts, but one question is still on your mind; is it better to pay off my debts using a debt consolidation agency? The answer is relatively easy to answer, and it all revolves around your current financial situation. You have obviously found it difficult to make your payments on time due to your monthly payments becoming way too high. Paula de la Torre Editor of the "Best Debt Consolidation Services" website -- http://www.ReputableDebtConsolidationCompanies.com -- pointed out; Your monthly income simply does not even come close to helping you pay off your debts on time - so what are you to do? You could opt for the services of a debt consolidation agency, these can help you get back on track depending on how bad your debt amount is, and whether or not you qualify for their help Life is simple enough for you to ascertain that paying off your debts on your own is far better than having to use the services for of someone else. But as with millions of other people in your position admitting to yourself that your finances are really in no shape to be questioning yourself with what help you can get. Part of our problem as human beings is admitting that we need help with our finances, it is easy to get a loan but not easy to admit when we have a problem. Times have changed and debt although is a stigma and a blight on your credit score and lifestyle, it is very commonplace. That is why debt consolidation has been brought about; it is designed to help you without prejudice P. de la Torre added. There are obviously some negatives with using a debt consolidation agency one being that it may have an adverse effect on your credit score. But if like many other people you do not want to even be tempted in the slightest with more loans and debt, then you are better not even thinking about the effect on your credit score for now in any case it will repair itself with your future consolidated payments being on time this should you choose to use the service available to you! Further information about trusted and reputable companies for debt consolidation by visiting; http://www.ReputableDebtConsolidationCompanies.comAbout the Author:
Hector Milla runs his corporate website at http://www.OpsRegs.com where you can see all his articles and press releases.