Debt Consolidation | 100s Tips

by Bob Jones Where can you get information on debt consolidation and reduction? It’s really not that difficult to come across; and the debt consolidation information is usually available free in some localities! If you have a bad credit status, then you can get debt consolidation information by reading the free do-it-yourself kits at the local libraries and acting upon them. Debtors should go to the local public library to read debt self-help books that will show you from beginning to end the steps of paying off or consolidating your debts right up to actual credit repair. Most libraries will let you photocopy or print the forms inside the guides. This means that you can just fill in the lines and send the papers to the right sources. By doing this, you will soon be on your way to debt relief. This is probably one of the most convenient sources of debt consolidation knowledge. Most creditors prefer debt information in the form of a letter rather than a phone call, since the letters explain in more detail than an ordinary telephone message will and it is also hard evidence as well. Furthermore, letters are better for you, since, if you are being taken to court for debts owed, you will have hard evidence too showing that at least you did make an effort to repay your debts. Written information will hold up in court and is better in any situation verses the word of mouth. So, you ought to keep photocopies of all the letters you send to and all the letters from your creditors. This should include recording phone conversations it is worth getting a machine, recording dates, recording time, and without doubt recording the name of the person who called you and his/her location. You should provide a precise|brief outline| of the conversation and keep the files in a safe place. This could all be very useful debt consolidation information. If you discover faults on your bills or anything that seems a bit weird, don’t hesitate! Contact the creditors immediately. Furthermore, if you own a credit card, and they try to force you to pay for damaged packages, remember that it is illegal in America for anyone to try to make you pay for damaged goods, just so long as you did not damage the goods yourself. The Internet can be an equally good source of debt consolidation information, but not everyone has a computer or is competant at using it and debt is such a personal and often embarrassing subject that many people would be reluctant to ask someone to assist them search the Internet for debt consolidation information. Debt consolidation is usually a very long process, but if you obtain the correct debt consolidation information, you should find a way to relieve your debt gradually and you will eventually reap the benefits of your efforts when you at long last become debt free. About the Author: If you have fallen on hard times and are looking at Debt Consolidation Loans, just visit our web site entitled Debt Consolidation and Reduction addthis_url = 'http%3A%2F%2Fwww.100stips.com%2Ffinance-tips%2Fdebt-consolidation'; addthis_title = 'Debt+Consolidation'; addthis_pub = ''; Technorati Tags: advice, banks, credit, Credit Cards, debt, debt consolidation, finance, Finance Tips, investing, law, loans, other, personal loan, personal wealth, self help