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There is no such thing as free debt consolidation services. To the contrary, the services that offer free debt consolidation have hidden fees and interest rates attached to their schemes in most instances. The lenders or debt services are sponsors of the exact same people who you owe money. Therefore, the services in most instances are paid by these creditors and are waiting to make extra money off the person suffering.

Debt is a cruel and vicious cycle; and in most cases, people are overcharged for products, services, and support. Many companies are out to make money, instead of helping people survive. I personally knew a company that charged four times the amount the product was purchased for; and this company continues to grow, leeching their customers’ surplus everyday.

Therefore, if you are in debt, don’t feel like you are a failure; rather get up and fight for your rights. Free debt consolidation service could mean free quotes, or else free first-time sessions with counselors. The services guaranteed will have a charge attached, unless you land with a company out to help people get back on track without burying them deeper in debt.

One of the better services for debt consolidation is United Way and its affiliates, which include a number of Credit Unions. Anyone affiliated with the government also will help in most instances without jacking you for more money. If the services are affiliated with the government, you better believe they will be towing the line, since the government’s privacy is at stake. Therefore, if you need free debt consolidation services, seek out the companies that affiliate themselves with the government. And if you’d rather go directly to the source-the government-you can find more information about free debt consolidation on various government websites on the Internet.

These Debt Consolidation or Debt Continuation Companies don’t tell you what you should absolutely know to be debt free.

78% of people who consolidate their debts will fall again in debts after a short period of time, and will end up in the office of a debt consolidation service.

Why? Simply because you think that you will really be debt free after three or five years, but it is not the case. Let me explain… Those company, after giving you a very nice pitch (anyway, you did not have choice: bankruptcy, home equity – you can loose your home – , debt settlement company another kind of wolf -), promise you that you will pay a lower interest rate.

But what is the catch? Yes there is a catch. The catch is that you will stay longer in debt if you want lower interest rates.

It is not the only reason why I call them Debt Continuation Services. Another reason is: While people are trying to consolidate their debts, they still need to live, and they drag out the credit card for their everyday life. Yes, bills are not stopping while you are trying to get out of debt, it is going on. And those services know that you will come back, this is the reason why they want to help you.

They know that debt consolidation companies are gaining in popularity, and because thousands of customers turn to these services, they continue to grow.

How do they catch so much customers?

Let’s review some examples of pitches promising to be debt free:

* We will help you to eliminate your debts, don’t worry

* Consolidate your bills into one monthly payment without borrowing

* Stop credit harassment, foreclosures, repossessions, tax levies and garnishment

* Keep your property

* Wipe out your debts! Consolidate your bills! How? By using the protection and assistance provided by federal law. For once, let the law work for you

Until here, it sounds good… Let’s continue,

* For that, you just need to pay us a one time bill, or a small fee.

Oh great you say! I found these people and they want to help me, and I will be debt free in less than three years. I must give it a try.

What? They just need to get you more in trouble, by having more debts, paying interest rates, work for them (making them richer than they already are).

And upon that, you need to investigate before choosing any debt consolidation service, because there is a lot of scams out there.

Free Debt Consolidation Services – Are There Any Risks Involved?

Considering soliciting the services of a debt consolidator is a good idea if you have massive debts, and are struggling to stay afloat. The economy is such at this present time that even many middle class families are having a difficult time. Housing is a big issue – homes are not selling, big reductions in the price of a home is seen, and new building construction is down. The evening news has many stories about people unable to pay rent, pay an ever-increasing heating bill, and unable to pay the high price of gasoline to even go out and look for work. We are a nation in deep economic trouble.

People today are more and more turning to debt consolidation services to help bail them out of an unstable financial position. Services provided can help you to bring down your rate of interest and your amount of repayment on a scheduled basis. It will also help to decrease the stress your heavy debt load has caused you.

Soliciting the help of a “free” debt consolidation service could be an even greater benefit to you. Even though it is not actually “free” to solicit these services, it is almost always far cheaper than it would to get the same service from a company that proivides this service to make a profit. The or-profit debt consolidators generally charge a flat every month for services provided, whereas free debt consolidators are subsidized in part by the actual creditors themselves. Consequently the no-profit debt consolidation servicest only need to charge the flat monthly fee, which means that in the long run, debtors will end up with lower rates.

Not only do free debt consolidation services provide free debt consolidation, they also are not restricted to mere debt consolidation loans. In this country, are also a large number of credit counseling agencies that are non-profit. These agencies help individuals get their credit under control through education and credit counseling.

It is the general opinion that people with poor credit prefer free debt consolidation service. On the other hand, for-profit services prefer clients who have relatively good credit, as they are more likely to be able to gain the full repayment. Because free debt consolidation services enjoy healthy subsidies from the creditors, they can afford to take the risk of helping people with poor credit who want to set their finances right.

Since free debt consolidation services are more attractive, people will generally prefer it to for-profit services. However, the consumer needs to beware of scam companies that have been quick to exploit this preference and proclaim themselves as free services. It is always important to confirm the credibility of any organization you deal with, especially if they claim to be a free debt consolidation. If not, you could end up with even more massive debts.

Visit http:www.liabilityrelief.com for more information on bad credit debt consolidation,credit card debt consolidation and debt consolidation counseling.

Free Debt Consolidation Quote – How To Find A Good Debt Consolidator Online

If you need to bundle your bills and creditors into one monthly payment, you may need a debt consolidation company. Unsure how to find one? Try looking for one online! By searching the Internet for a debt consolidator, you have access to hundreds of companies that can help you manage your finances and control your debt. To find one, try these simple tips:

Do a simple search.

Use your favorite search engine, like Google, Yahoo or Excite, to search for basic terms like “debt consolidator,” “debt consolidation,” or “debt management.” Chances are you’ll end up with millions of hits! All you need to do is narrow it down to a few different companies for closer scrutiny and comparison. To narrow down the choices, look for

A free debt consolidation quote.

There are, unfortunately, lots of scammers and thieves who are hoping to take your money and run. And, in many cases, they pose as legitimate debt consolidators and prey on folks who have found themselves in a financial bind. And they won’t help you consolidate your debt! Instead, they take their fee and never offer you any services in return. So how do you spot a scammer? Make sure the company offers a free debt consolidation quote. Unscrupulous thieves will often try to charge you a “fee” just to review your case–before they do any work for you! Most legitimate debt consolidation companies will review your paperwork–like bills, income and credit history–and then give you a price quote so you know how much their service will cost. Once you think you’ve chosen the right company

Check with The Better Business Bureau.

To make sure the debt consolidation service is legitimate, and that no complaints have been filed against them, check with the Better Business Bureau. They’ll be able to tell you if consumers and customers–like yourself–have filed any formal complaints about the company’s business practices, costs or services. You might also look to see if the company belongs to any national associations or organizations that regulate or monitor its services.

It’s easy to find a debt consolidator online as long as you’re willing to go that extra step to ensure the company is legitimate. Never work with a debt consolidation company that you feel is neglecting your case because they’re only interested in collecting a fee.

3 Things To Watch Out For With Debt Consolidation Services Online

Most of us are swamped with bills like credit cards and auto loans, so we’re turning to debt consolidation services to help us regain control of our finances. And it’s a good idea, since some debt consolidation services can also help you lower your interest rates and monthly payments. But there are some unscrupulous folks out there, and that means you need to watch out for scammers when you’re looking for a Debt Consolidation Service online. Here are three warning signs of a disreputable company:

Large, outrageous fees

Some companies charge 100 just for reviewing your account, often disguised as a “credit analysis.” Others offer an “educational program” consisting of mostly free forms, letters and information gathered from Internet websites. The cost for this “education”? It can be as high as 1,500! Be wary of any company that pushes for up-front payment before you receive any type of service or materials.

Unbelievable promises

“Your monthly payment will be half of what you’re currently paying!” “We’ll get your interest rate slashed to zero percent!” “You’ll be paying less in just two weeks!” These types of exaggerated promises are designed to lure you in, and they’re rarely true. No one can work miracles, and they certainly can’t work them in just two weeks. Expect it to take at least a month–and probably longer–before you see the effects of debt consolidation on your finances.

They make first contact

Any company that sends out SPAM, cold calls your home, or sends you junk mail is fishing for a fee. Chances are they only want your money, and once they get it they’ll offer very little in terms of services. Most reputable companies will wait for you to contact them.

You can always double check a Debt Counseling Service with the Better Business Bureau to see if any complaints have been filed against the company. You might also consider asking family and friends if they have any experience with the service.