We often equate financial transactions with water tight compartments.
We presume that one financial transaction will never affect another.
Let us take credit card counseling and debt settlement for example.
We presume that counseling is suitable only if debt problems are just beginning.
It is more of a preventive measure than a curative measure.
On the other hand, a settlement is a tool that will help you get rid of a bulk of your debts with minimum repayment.
On the face of it, it is impossible for these two tools or transactions to mix.
However, do you know that any settlement process begins with traditional counseling? It is imperative for the debt settlement company to be satisfied that you are indeed not in a position to repay their debts.
You cannot lie to your settlement company.
You may not be facing debt problems.
You can still employ the company to get a settlement.
However, you will come clean at least to the professional arguing your case.
The last thing any expert or professional wants is to know something new about the client through the other party i.
e.
the lender.
Hence, irrespective of whether you are in need of counseling, consolidation or settlement, you should seek credit card counseling.
If you are not interested in spending money, then you just have to log on to the World Wide Web to a check out free counseling options.
There are many debt settlement companies that offer these counseling services for free.
They do so because counseling, although necessary, is often considered as a waste of money by borrowers.
There are many borrowers who have skipped settlement companies because these entities charged for counseling as well.
Settlement companies attract customers by offering counseling for free.
You just have to identify such companies to know where you stand and how to proceed.
The counseling process helps you assess the expertise of the company as well.
Employing a genuine and honest settlement company will ensure your credit card debt is taken care of automatically.
Soon, the problem will be brought down to manageable levels.
You just have to make use of debt relief networks to identify the right settlement company.
The only additional point that you have to specify is that you are seeking free credit counseling as well.
You will find that there are many companies and experts situated close to you ready to assist you.