New Site Offers Counseling
There is a new debt consolidation site called ErasingMyDebt.com which is offering free advice to those that have gotten themselves into a bit of a bind financially. They counsel those that are looking for solutions to their debt issues and let them know if debt consolidation is an option that they might want to look into.
The site shows people how debt consolidation works, and combines their monthly bills into one single bill that has a lower interest rate. This saves them thousands in interest over the life of the loan. Whether it is medical or credit card debt or even mortgage debt consolidation can help.
The company offers the counseling and advice that you would get with a certified Debt Repayment Representative, and you would work with them to find out which is the best plan for you overall. They negotiate with your creditors to see if they will accept a smaller amount, and they help prevent the collection agencies from engaging in harassing behavior.
They also show you the ins and outs of the debt consolidation world. They give you options so you can see where you might be able to save some money and they help you come up with the best plan for you. This plan will be a reasonable debt consolidation plan one that wont just set you up for future failure.