Debt Consolidation Resources
Debt consolidation is a highly regulated industry and, as such, there is a wealth of information available on the subject aimed at both professionals and consumers. Knowing where to go for accurate and free advice is absolutely vital for those already in financial difficulties. Try these resources as a great starting place.
Before entering into any debt consolidation agreement, it is advisable to seek independent advice. Check that you are taking the correct approach and that you are getting the best deal for your individual needs. These agencies are free and should be able to assist with writing to creditors and negotiating payments.
Consumer Credit Counselling Service is a charity offering free and confidential advice to those in financial difficulties. They can advise on debt consolidation but also on the alternatives that may be available to you.
The National Debt Line is a charity that offers advice on all aspects of debt from dealing with bankruptcy to agreeing payment plans with creditors. Free advice, twenty four hours a day.
Payplan specialises in creating payment plans that are feasible and allow those in debt to make repayments in a way that is acceptable to all parties. Their services are free.