So Can Debt Relief Help Me?

If you are facing debt problems you are not alone. Across the USA and internationally, millions of people are finding it more and more difficult to cope as the present financial crisis continues to develop.

For many their debts keep increasing as they borrow more to cover the repayments and interest on their initial borrowings. Many feel like they’re heading along the road to bankruptcy or increasing stress with no way to turn off. However, thankfully if you find yourself in this situation you do have options available to you.

Debt Relief Programs exist that can arrange negotiation, settlement or consolidation of your existing debts.

Companies who specialize in this area can negotiate with your creditors (e.g. Banks, Credit Card Companies, Mortgage Companies etc) to reduce the total amount you owe (sometimes by up to 70%), reduce the interest rates you are paying. They can organize re-payment breaks and modify re-payment schedules or they can consolidate your debts so you have fewer payments, for example to consolidate credit card debt. Simply put, they offer a complete consumer debt solution.

Whilst this sounds fantastic and can transform lives or save businesses, there is a problem. Only the best, most reputable companies will be able to do this for you. In fact, I receive mail from my subscribers every week telling me how their problems have got much worse after using bad debt relief and bad debt consolidation companies.

Unfortunately most people needing consumer debt management, consolidation and debt relief services are in desperate situations and many companies take advantage of this with what are just scams.

These debt consolidators can do this in several ways including some of the following:

• Promising precise payments and total payoffs in 1 or 2 years. This is just not possible, you can’t predict the future. When interest rates change or banks merge the policies and settlements must also change.

• By suggesting credibility by listing an affiliation with Dunn and Bradstreet or a Chamber of Commerce that any company can get. To prove real reliability a company should be listed with the Better Business Bureau (BBB) and have a good track record with them.

• By initially promising wonderful future results, but when you receive the contract there is no promise or guarantee of these results.

• By charging you a flat commission based on the size of your debts. No company should do this. You should only ever be charged a percentage of the amount you save.

• By actually suggesting you sign up to loans for debt consolidation that will end up making you pay back your debts in full with interest!

• By telling you that debt consolidation won’t appear on your credit report. It will and will end up affecting you much more than debt settlement.

• By being happy to get you started and collect their commissions, then not hear from them again which can get you deeper into debt because nobody is monitoring your accounts.

Because of this situation and as industry watchdogs, my team and I have undertaken a thorough review of the debt settlement, debt consolidation, and consumer credit counselling industry.

We’ve worked to evaluate each company in the industry by talking to past clients, checking their credentials, and speaking with their workers. Out of the hundreds that we have evaluated we have formed a list of companies we feel comfortable to recommend that we know provide high quality debt settlement and negotiation services.

You will find the reviews of our recommendations below. Each recommended company offers a free, no obligation consultation.

If you have credit card, personal loans or any type of small business debts they offer an excellent chance of finding a solution to your problems.

Updated:07/29/2010 (2 recommended Merchant Account Providers)

Debt Relief Review #1 Choice

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Depending on the financial and debt circumstances involved Curadebt provides the option of a debt management, debt settlement or debt negotiation plan.

Curadebt specializes in helping people with over $10,000 in total debts.

Curadebt are accredited by the BBB (Better Business Bureau) and have been since November 2001 with an A+ rating (the highest available). They currently have over 10,000 clients.

So what can Curadebt do for you?

Also because they are negotiating on behalf of all their clients together it means the amounts they are negotiating are much higher than for just one individual.

For example, if they are negotiating with a card company on behalf of 10 clients each with $20,000 debts they are negotiating on a total of $200,000, not just $20,000 as they would for an individual. This gives them much greater leverage to negotiate in your favor.

Care One Credit	Rating

So could debt relief change your life?

There is only one way to find out. The most important thing to do is to take action. If you are determined to get rid of debt, then make the first step towards finding a solution to your problems by talking one of these companies. They are the best in the business at what they do.

If your debts are from $10,000 and upwards visit Curadebt by Clicking Here.