Are you feeling the pinch of quite high monthly debt payments? Debt management and credit counseling services can help.
These nonprofit agencies work with your creditors to get them to reduce their interest rates and the amount of your minimum monthly payments. The credit card companies have the advantage of dealing with a reputable debt management and credit counseling service instead of dealing with the creditor. Debts are paid with “collected funds,” so creditors never have to worry that a payment check will bounce.
What to Know Before You Go