subject: Non Profit Debt Consolidation Services - The Fastest Way To Get Rid Of Your Debts [print this page] Non Profit Debt Consolidation Services - The Fastest Way To Get Rid Of Your Debts
Many individuals mistakenly believe that non-profit debt consolidation services do not charge fees.
While this is not the truth of the matter, non-profit organizations do tend to charge less than their for-profit counterparts. In addition, these organizations are usually based around the principle of repairing your credit in a holistic nature.
Aurora Lillo Editor of the "Best Debt Consolidation Services" website -- http://www.BestDebtConsolidationServices.net -- pointed out;
"...This means that they generally provide solid support tools that can help you to revamp your financial habits and to set achievable financial goals for yourself. Also, organizations of this nature are generally set up to serve as a go-between when it comes to negotiating settlements with your various creditors..."
Charge Comparison
Non-profit organizations have expensed to consider and staff members to pay just like any other company. For this reason, they do charge their clients fees for services rendered. Typically, applicants can expect an initial registration fee, monthly service fees and interest rates charged against your principal loan amount. These total fees, however, are likely to be far below what you could expect to pay at companies that do not hold a non-profit status with the IRS. Since they are not held to strict standards, for-profit companies can charge whatever they like for services rendered with very little in the form of checks and balances.
Support Tools
When an organization is not in the business of eradicating debt for financial gain, they are likely to be dedicated to truly helping individuals to get out of crushing debt and to stay out of it. For this reason, these organizations tend to surround their clients with a large number of solid and helpful tools for rebuilding a reputable financial standing. Whether it is creating a realistic budget, planning for retirement or saving for special purchases and occasions, non-profit organizations typically jump at the opportunity to help you succeed in your long-term goals.
Negotiation Help
"...When it comes to negotiating settlements with lending institutions, non-profit consolidation agencies are likely to provide you with a representative that will go to bat for you. These trained individuals typically have a number of similar negotiations under their belt, increasing your chances of slashing your total monies owed by up to 50%. The negotiation assistance you receive from your organization of choice can help you to focus on more important things, like working hard and planning out your financial future. For this reason, many individuals choose non-profit agencies that will represent them in settlement negotiations..." added A. Lillo.
Further information about trusted and reputable companies for debt consolidation by visiting; http://www.BestDebtConsolidationServices.net
