If you’re struggling with significant credit card debt, and can’t work out a repayment plan with your creditors on your own, consider contacting a debt relief service like credit counseling or debt settlement.Depending on the type of service, you might get advice on how to deal with your mounting bills or create a plan for repaying your creditors.Our advice is free and we make sure we recommend the best debt solution for your individual situation.
Hopefully this means you won’t see any more fee-charging companies advertising debt consolidation in this way.
If you have problems with your debt, you should get free, impartial debt advice from a a well-established debt charity like us.
Tell them why it’s difficult for you, and try to work out a modified payment plan that reduces your payments to a more manageable level.
Don’t wait until your accounts have been turned over to a debt collector.
Most lenders are willing to work with you if they believe you're acting in good faith and the situation is temporary.