Making the
Choice (Part II of II)
Last time we talked about getting recommendations from friends,
we talked about the agencies that they should be associated with
and the money that they should charge up front. We also
discussed how you would pay on the debt consolidation loan. This
time we are going to take it a step further in our research of
the company itself.
Hiring a debt consolidation company is much like interviewing
for a job. You want to make sure that you get all of the
information from them that you can so that you can decide if you
want the position. This debt consolidation service is much like
that in that they have to pass the interview to get the job. If
you don’t like something that you hear that they said, move on
to the next company.
You also want to check them out under the Better Business Bureau
to see if any complaints have been filed against them. If so,
you are going to want to avoid them like the plague. But if they
have a clean bill of business, then still tread carefully. They
might not have complaints, but they might just not have been
reported.
One more thing to take note of, if the company tells you that
your credit score will not go down by using a credit counseling
service they are not being truthful with you. Most times it will
go down, and if they aren’t telling you the truth about that,
who knows what else they will lie about – so you will want to
move to the next company. Once you have entered into an
agreement with them, stay on top of them to ensure that you are
getting the best possible service. You don’t want to go through
all of this only to let the ball drop at the last possible
moment.
SIGN UP
