Debt Settlement Versus Consumer Credit Counseling – Which is the Most Effective in Eliminating Debt?
Consumers are currently faced with what seems like the never-ending burden of overwhelming debt, and many have discovered that they can no longer afford their monthly financial obligations. If this sums up your situation there’s hardly a doubt that you’re in the process of determining the best path in order to eventually live a debt-free lifestyle, or at the very least be able to easily afford your monthly bills. Perhaps this search has led you to information regarding Consumer Credit Counseling and Debt Settlement, but you’re not entirely sure which choice is best for you. Let’s review these two debt relief options so that you can compare the pros and cons of each, and subsequently conclude which – if either – will best assist you in becoming free from debt. Consumer Credit Counseling After signing up for this type of debt relief through a consumer credit counseling agency, representatives will contact your various creditors in an attempt to get your interest rates reduced. In most in