subject: Debt Relief Negotiation - Tips For Locating Top Rated Professional Debt Advisors [print this page] In the face of financial crisis many people have taken to credit counseling. This is a good decision as they help you negotiate new term and conditions of loan with your creditor. With a credit counselor at your side you will find that the creditors are much easily persuaded. These counselors can help you get a new payment plan which will be 10 % to 20 % less than what you had been originally being paying. They will also try to reduce your interest rates and get some of the penalty charges removed from your account.
With so many benefits, it is necessary that you choose your debt advisor with care. Even though there are quite a few good credit counseling agencies, you will also find a few that are nothing but a scams. Hence, it is prudent that you should take all precaution while selecting your debt advisor.
Use the Internet: You can check on the internet for credit counseling services and related information. A search on Debt Counselors of America will give you loads of information about how to manage your debts. This is a non-profit making company which can help you improve your financial life. Another authentic site is the website of the National Foundation of Consumer Credit.
Search the local agencies: You can start by doing some ground work and start visiting some of the local agencies. You can choose a qualified credit counseling service amongst them. It is always preferable to go with a non- profit making organisation. A detailed fee structure for the services that the company provides will help you compare different agencies. You must always ask as to how soon they can take up your case. To check the authenticity of the agency you can check up with the attorney general's office.
Debt Relief Negotiation - Tips For Locating Top Rated Professional Debt Advisors
