Specific Auto Problems

Assessing your debt consolidation compamy

Posted by Howard Gutman | May 19, 2023 | 0 Comments

How do you access a debt consolidation company

1. Check reviews

First you want a company in business long enough to generate reviews.  Then you want mostly good reviews.

2. Interim Check 

If you retained a company, check to see if progress has been made in 3 or 6 months.  By then creditors should have been contacted and some arrangements made for resolution.  Otherwise, you could find after say 2 years that little progress has been made.

3. Clarify Long-Term Contracts

One worries that you could enter into a long-term agreement and find that little has been done during that period and the consumer is without recourse.


Singletary, M. (2011, June 16) Debt Consolidation Companies: 6 Red Flags. Retrieved from https://www.pbs.org/wnet/tavissmiley/a-wealth-of-knowledge/debt-consolidation-companies-6-red-flags/

NA (2010, July) Debt Relief Services & the Telemarketing Sales Rule: A Guide for Business. Retrieved from https://www.ftc.gov/tips-advice/business-center/guidance/debt-relief-services-telemarketing-sales-rule-guide-business

Shannon. (2012, April 25) How To Find A Reputable Debt Consolidation Company. Retrieved from https://blog.readyforzero.com/how-to-find-a-reputable-debt-consolidation-company/#.V0W69Pkwjbh

Friedberg, B. (ND). Compare Reviews for Debt Consolidation Companies. Retrieved from https://www.consumeraffairs.com/debt_counsel/

N.A. (ND) Pay off credit card balances and save. Retrieved from: https://www.sofi.com/personal-loan-credit-card-consolidation/

N.A. (ND) Personal Loans. Retrieved from: https://www.avant.com/personal-loans/

N.A. (ND) Personal Loans Through Prosper. Retrieved from: https://www.prosper.com/trusted/personal-loans

N.A (ND) Personal Loans. Retrieved from: https://www.lendingclub.com/loans/personal-loans-pd-1

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About the Author

Howard Gutman

Hiring an attorney can be a stressful and confusing situation.  You want an expert, honest, personal approach to your case.  The Law Office of Howard Gutman has been fighting for consumer rights and representing commercial interests for over 20 years.  We have a deep knowledge of fraud, consumer,...


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