subject: Free Online Debt Consolidation Programs - Can They Be Really Free? [print this page] Free Online Debt Consolidation Programs - Can They Be Really Free?
Consumers these days carry an enormous amount of debt and they are seeking help through many different avenues.
They may be looking for free online debt consolidation programs to reduce their overall cost of getting out of debt but can they be really free?
Aurora Lillo Editor of the "Best Debt Consolidation Companies" website -- http://www.BestDebtConsolidationCompanies.net -- pointed out;
"...Managing bills is hard enough and finding simple solutions is often not the most feasible thing to do. There are many scams online that are only looking to increase their bank accounts and give you little in return, so you need to be careful what kind of debt consolidation program you choose. Often free is not necessarily free..."
If you consider that a debt consolidation company is a business, then you can assume that they need to make a profit in order to stay in business. Most of the free online consolidation hype is just that, hype. What they fail to tell you is that the initial consultation may be free or that to get a quote on your debt situation is free but after that they will charge you a monthly fee to continue with the service.
If you are looking for low cost debt help then you may need to look into the non-profit debt consolidation agencies. They do charge a small fee each month but it is nothing compared to what a for-profit agency will charge you and this can be helpful over the course of time. When you are trying to manage debt you do not need extraneous costs weighing you down. That is money that could be used to help free you of your financial burdens.
So, if you have been searching for free consolidation firms, and have been disappointed in your search, look into low-cost options instead and you will find more favorable results. This may be the best course of action for you to avoid the scams and shady operations that are out there on the web.
Always make sure that you investigate any opportunity for assistance with bills to see if they are a legitimate organization. You can check with the Better Business Bureau for records concerning the operation and if complaints have been filed. Also make sure that the company is licensed in your state to do business as this may be an issue with online debt consolidation firms.
"...Getting help with bills is becoming the norm in our society, as more and more people are removing the stigma associated with debt and seeking ways to control or eliminate it. This can be liberating for those who find themselves in a credit crisis, they have the assurance that debt does not have to be a permanent fixture in their lives..." added A. Lillo.
Further information about trusted and reputable companies for debt consolidation by visiting; http://www.BestDebtConsolidationCompanies.net
