Who Needs Debt Relief Programs?
While all credit card debt is difficult and financially harmful, not all people who have credit card debt need the help of a debt relief program. In many situations, a debt relief consolidation or counseling program will not be much help, because these programs are not free. If you are struggling with a manageable amount of debt, you can work on it on your own without paying someone else to help you with it. To see if you are a good candidate for one of these programs, calculate how much you are paying each month as payment for your debts, not counting your mortgage. If the total is 20% or more of your monthly income, you should consider a credit card debt relief program. How These Programs Work If you are a good candidate for a debt relief program, you need to find one that is a good fit for you. Some popular and well-known programs include In Charge Debt Solutions (www.incharge.org), Care One Credit Counseling (www.careonecredit.com), and Franklin Debt Relief (www.franklindebtrelief.
