Getting debt relief help these days may be a tough task if you don’t know where to look. You may have considered debt negotiation but the average cost to be in those programs can range from 15% to 17% of the total amount of debt you have.
You may have also considered consolidating your credit cards and other debts into your home mortgage but in order to do that you first need to have good credit and second the refinance cost alone will be average around $3500.
Finally, you have considered bankruptcy, I don’t even really want to go there, but the cost again can be staggering. In this article I’m going to cover 3 different options to help you get out of debt without spending much or even in some cases nothing at all.
National Foundation For Credit Counseling
The first option is the National Foundation For Credit Counseling. The company is a non profit credit counseling business that specializes in working with people one on one to help them pay of their debt.
On top of that they have and extensive education system to help people break and change their financial habits. They will work with anybody by mail, over the phone, online, and in person.
When getting started with the NFCC they will work with you to put a plan together customized to your specific needs. On top of that they will work with you to help pay back 100% of what you owe. Finally, they will work with you to help build your credit back up. To get started check out the NFCC here.
American Consumer Credit Counseling
The next company that will help with debt relief is The ACCC. This is a company that does a lot of the same things as the NFCC with a few exceptions. First off their budget and credit counseling services are free.
Second, their debt management program is extremely inexpensive. The cost to join is $39 for enrollment; they also have a maintenance fee of $4 per account with a minimum of $5 and a maximum payment of $35 a month.
On top of that, the offer a ton of education material from podcast, budgeting materials, and web seminars. You could say they are the one stop place for helping you get out of debt. To get start check out the ACCC here.
My Debt Relief Options
Finally, if you made it here to my debt relief options you may have noticed how much free debt relief help we have available here. If you’re looking for free information on how to set up your own debt elimination plan, negotiate with your creditors and collection agencies we have it.
You could say My Debt Relief Options is the totally free option when it comes to getting out of debt because we don’t charge one red cent to get the advice most debt companies will charge for.
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