Top Three Debt Consolidation Services

Debt consolidation is a hot topic among people who are looking to repair their credit history and reduce their monthly bills. Debt consolidation involves combining debts from credit cards, lines of credit and other sources into one large lump sum with a low interest rate.

Debt consolidation services are popping up all over the country and many operate solely through the Internet. After some careful research, I’ve come up with the top three debt consolidation services.
 

Debt Consolidation Service #1: Credit Solutions

Credit Solutions has been covered extensively by NBC and MSNBC as an excellent method of debt consolidation. A major reason that this service is so popular lies with the fact that the credit counselors understand how difficult admitting one’s debt can be. They take a tactful and friendly approach to helping their customers resolve debt issues.

In 98% of cases, Credit Solutions is able to help their customers consolidate their debt in less than 36 months, which is quite an accomplishment for any one service to provide. They call themselves a “Debt Settlement Program” versus a debt consolidation service because they don’t just resolve your debt into one large sum; they also negotiate with your creditors to avoid having to secure your debt with equity in your home or other property.

Credit Solutions can lower your debt by 40% - 60% through their conversations with your creditors, and they don’t perform credit checks or advocate bankruptcy. You can learn more about this debt consolidation service by visiting www.creditsolutions.com or by calling their toll-free number at 800.353.7630.

Debt Consolidation Service #2: Money Management International

Money Management International partners with Consumer Credit Counseling Services (CCCS) to offer exceptional credit counseling and 24/7 support. Their experienced counselors can help you develop a debt management plan that will assist you in lowering all of your debt and consolidating it into one convenient monthly payment.