#2 Rated Debt Consolidation Company
#3 Rated Debt Consolidation Company
#4 Rated Debt Consolidation Company
#5 Rated Debt Consolidation Company
Debt Consolidation is the process of taking multiple high-interest debts and consolidating them into a single, lower-interest payment. Consumers can typically take credit cards, gas cards, medical bills and store cards among other debt and consolidate them.
Companies also typically offer debt settlement services which is the process of negotiating with your creditors to reduce the amount of money that you owe to them. These companies typically take a percentage of the reduction that they negotiate as a fee in exchange for their services.
Some of the largest companies in the debt consolidation space include Freedom Financial, National Debt Relief, Curadebt, Guardian Debt Relief and Pacific Debt.
There are several considerations to make before deciding to proceed with a debt consolidation company. As with any large decision, it’s helpful to have an understanding of the pros and cons associated. Some of them include:
The process of starting debt consolidation is pretty straightforward and typically entails the following steps:
We independently identify debt consolidation companies. From there our editors review them in a myriad of ways from impartially secret shopping to checking consumer reviews to validating fees, types of products offered, and consumer reviews other criteria. Our goal is to present objective representations of companies to give consumers informed information to make a decision. Disclosure: We do receive advertising compensation from some partners. For additional details please click here.