Who should consider a debt consolidation plan?
In general, anyone who has enough debt so they can only afford to make the minimum monthly payments on their obligations should consider a debt consolidation program. There are many other signs of potential financial trouble, but the real guidelines should be the impact it has on your life. If you are worried about your bills, you should get a professional opinion about your financial options. If you are currently behind on some or all of your payments, there is hope for your financial situation! Many of your creditors will bring your accounts current shortly after you begin a consolidation program. Usually one or two consecutive payments will bring an account current — no matter how far past due it is. If your account has already been charged off, is in collection, or even has a judgment filed against it, we can still set up reasonable payments.
