There are many websites owned by debt relief companies offering online debt advice but many of them offer only one type of solution. The program they offer may not be the best debt solution for you so be aware of all your options before speaking with them. A mistake in choosing a irresponsible company or a company that offers a different type of program than you probably need can be very costly to say the least and may even make your debt situation worse.

Be careful choosing debt relief services.

My best advice is do your online research, find the type of solution you believe best fits your financial situation (ex-debt settlement vs. a debt management program), talk to a few companies who advertise their services, and then use the one you decide is best for you.

As long as you have spent some time doing your research you can feel comfortable you’ve made a good decision based on the information you gathered. Just be careful of the companies who promise you a quick fix and are not straight with you about the risks as well as the benefits to using their solution. Unfortunately, there is no easy or perfect solution when looking to get out of debt and anyone who claims to sell you on a solution that seems to good to be true, definately is!

Getting out of debt is a process that takes time and it’s never easy. Selecting the right company to work with does often make it smoother for you which is important. I give online debt advice on how you should narrow down your list of potential debt solution companies here.

The collections agency gets paid if they are able to collect money from you. Therefore they hire aggressive telephone representatives who can get very nasty in an effort to scare you into paying them.

Can debt collections calls be stopped?

Not unless you hire a lawyer to fight them on your behalf in which case the lawyers office will facilitate all communications with your creditors. If you hire a debt settlement company to reduce your debts, the company will also take most of your calls but typically cannot guarantee they you will not continue to get a few collections calls. However, the amount should decrease as your creditors realize that you have hired a debt settlement company.

The same can be said for a debt management or credit counseling company, they will recieve most of your calls especially since they are typically very friendly with the credit card companies who know that a person in a debt management program is typically going to pay back everything that is owed (unlike debt settlement) with the exception of some fees and penalties that may be waived.

The bottom line is that in seeking professional help for your debt problem, the headaches caused by the debt collections calls should subside and you can feel happy knowing that you can answer the phone again.

You can check your credit score through one of the 3 major credit bureaus and if it is bad you need 2 key things to restore it back to good health:

1. Short term loans that you pay back promptly
2. Time

In short, you need to rebuild your track record in the eyes of the system that determines your score. In order for that system to raise your score, you need to show it you’ve turned the corner and pay your bills promptly for a decent period of time.

Start paying your bills on time and if you are able to get additional credit (say in the form of a credit card) do so and put small amounts on it that you are 100% positive you will be able to pay off ON TIME every month. Don’t spend anymore than you would if you were only spending cash and keep a log of exactly waht you’ve spent that month so you are not surprised when the bill shows up at the end of the month.

Remember you are trying to get out of debt and rebuild your credit at the same time – it takes financial discipline.

1. Unfortunately, there is no quick way to eliminate your debt – even bankruptcy is no longer fast

6. GET HELP!!! – Just like a recovering alcoholic needs AA, you will likely do better if you enroll the services of a professional debt solutions company who can reduce your credit card payment and set up a plan for you. The support and budgeting guidance a good company can provide you is invaluable.

Bottom line? My advice on credit card debt is that the sooner you face up to the problem, the better off you will be. Unfortunately, it will not disappear on its own.

When you want a mortgage you know the names like Countrywide Mortgage. When you want help with you taxes you know you can go to H&R Block.

But quick, tell me the name of a household brand company you know that assists the public with debt problems? Drawing a complete blank? I thought so.

There are none!

Yet personal financial debt has become one of the largest problems in this country. How can that be? My 2 cents is that the credit card companies are one of the most profitable and powerful industries anywhere and their influence has allowed them to thrive. Has their power allowed them to squander the rise of any potential large scale debt relief companies? Maybe so.

As a result the debt relief industry operates virtually under the radar which makes it hard for the average person to know which debt help companies are honest and trustworthy and which they should avoid at all costs.

This website can help to educate you, provide you with good credit and debt advice, and help guide you down the right path to finding a solution that’s best for you.