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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