Consolidating educational loans with personal debt

It’s a lot easier to deal with a debt consolidation company that is transparent about its practices, discloses all terms and conditions involved in doing business and freely provides information to verify whatever claims or guarantees it makes to customers.

Being transparent about business practices helps build trust between the consumer and business.

The star rating below is based on’s review of each organization’s fees, transparency, Better Business Bureau rating and complaint history.

Company Description In Charge is a 501 (c)(3) nonprofit that specializes in credit counseling and debt management programs.

Companies that do debt consolidation have a variety of methods they use and it’s vital that consumers understand the differences in each plan.

Debt management, debt settlement, debt relief and debt negotiation are all bona fide plans for consolidating debt, but there are differences in the approach used to get a result.

Some creditors won’t deal with debt settlement companies, but if you’re not worried about your credit score, this might be an appropriate option.A company should make you feel like it has your best interests at heart at all times.Most debt relief companies can help you settle your unsecured debts, including credit card bills, unsecured personal loans, payday loans, medical and hospital bills, department store credit cards, accounts in collections and certain utility bills.Never underestimate the value of customer service in choosing the best debt consolidation company. The ability to speak freely with a credit counselor can make you more comfortable taking suggestions to help your cause.A good debt-relief company will provide you with clear answers, and have a reputation for integrity and success.

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