Debt Consolidation Programs

How to Find the Best Debt Consolidation Programs

There are a variety of choices, and you should shop around to find one that fits your needs. If you need some ideas on where to start, try this plan:

Local credit unions or banks that you already have a relationship with. These are reliable sources that are likely to give you a fair deal.
Banks that you don’t already have a relationship with. They might offer you a good deal in order to win your business.
Borrow at Person to Person lending sites
Mailers offering debt consolidation programs. These lenders already want your business – they’ve mailed you an offer because something about you fits into their desired profile. Only work with a reputable institution that you know you can trust -- some junk mail can get you into a bad deal. If you've never heard of them, watch out.
An internet search for “debt consolidation”. Just be extra careful with anything you find.
In addition to shopping around, you can ensure that you get the best deal by managing your credit. Loans are hardest to get when you need them the most. Manage your credit, and make sure your credit scores are as high as they can be.
How Credit Scores Work