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How to Get Free Credit Counseling and Eliminate 60% of Your Unsecured Debt

If you’re reading this article you’re probably one of the thousands of people unable to meet the minimum payments for their monthly credit card bills. That shouldn’t be such a big issue since, with a bit of luck and perseverance, you will be able to find the best free credit counseling offered by specialists.

The easiest way to get free counseling is seeking online help. The internet provides solutions to all possible problems, including this one. The most important aspect you must consider is how to be able to tell genuine companies, which can provide you real help from scams. How can you do that? By paying attention to small details. For instance:

Genuine companies that have a website usually have the TASC symbol on their web pages. TASC means the Association of Settlement Companies and being one of their members assures the customer of the companyÂ’s quality of services. On the other hand, TASC symbols can be faked.

The next detail you should consider is whether that web page has many visitors. A high number of visitors mean that the website provides good pieces of information and has been helpful to many people.

Also, you can look for other kind of certifications. A genuine settlement company is usually enlisted in the Chamber of Commerce and BBB (Best Business Bureau) data bases.

Once you follow these steps and find a reliable debt settlement company, you must contact them and, after analyzing your particular case, you will be asked to save money into an account on your name or on the settlement company’s name. They will start the negotiations with the bank and try to settle your debt for a smaller amount of money than you initially owed. You will then transfer the money from your account to the bank’s and the rest of your debt will be forgiven.

It would be wise to not go directly to a debt settlement company but rather first visit a debt relief network. The top debt relief networks only allow debt settlement companies into their accredited organizations that prove a track record of successfully negotiating debts and have also been certified. They are free to use and offer helpful debt relief advice.

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