Are you in debt? Do your debts just seem to keep piling up and you just do not see an end in site? There are quite a few different options to help you get out of debt and there are also programs that will help you manage your debts as well. One of the most important things is to get both debt prevention and management when you are looking to get out of debt. Here are the best options to choose from.
First, if you are a church goer, then you can start by talking to your priest or pastor. They may have someone in your church that is willing to help you with your debt management for free. They might be a financial advisor, an accountant, or someone that has climbed out from under debts themselves. They will help you budget and set up a plan to get out of debt. They will also advise you on how to stay out of debt for good.
Second, you can hire a debt management service. Typically they will charge a fee, but it is well worth it. They will negotiate with your creditors to get you lower interest rates, waived late fees, and a payment plan that you can manage. This is good because they will also lump all the payments into one so you have one monthly payment. The only downfall is they will not help you with a budget and they usually do not counsel you in debt prevention.
Last, there is a not for profit company called Consumer Credit Counseling. They are primarily government funded and will charge a small fee for their services, but they are great. They will help you set up a budget, negotiate with your creditors, and they will get you out of debt. They will also counsel you in both debt prevention and management so that you do not slip back into debt once you are out of debt.
