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What is a good debt solution service?
My parents are are horribly in debt, and I'm barely able to pay for myself. My parents are both retired, my mother was force to retire due to disability.
Does anyone know any good debt solution services that can look at our case for free, or a small fee?
2 Answers
- Go with the flowLv 71 decade agoFavorite Answer
There is a government approved non-profit service there to help you.
Surprised not everyone knows about it.
NFCC.org
Reviews call them angels from above.
They will help you at no cost.
IF they put you on a DMP program - debt repayment program
The cost will be about $25/ month - but only if they can afford it.
Again - they are non-profit.
They will call your creditors and know how to reduce rates, lower payments, lower interest, etc.
They will help them = go to the website get the 800 number.
Your parents will call - and NFCC.org will set up an appointment at a local non-profit office.
If bankruptcy is their only option - they will tell you.
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- 1 decade ago
When it comes to debt solutions it is always wise to understand what you are getting into. It may be smart to do some research on the different types of debt solutions such as bad credit debt consolidation and bad credit debt relief. The FTC website offers some very interesting information on these services and feels that budgeting your money to save more than you spend will be the best debt solution in the long run. To top it off, it is completely free to budget your money!
Source(s): http://www.ftc.gov/ http://www.badcreditdefinitions.com/ http://www.debtconsolidationcare.com/