Who Do You Recommend for Debt Consolidation?

Question:

Dear Steve,

Reviews of credit card debt consolidation companies are concerning. Where can I find recommendations of the best companies for this, please?

Thank you!

Terence

Answer:

Dear Terence,

I answered a similar question earlier. You might want to look at this answer.

But here is what makes such a simple question so difficult to answer.

Ultimately I think what you want is the right solution for your specific financial situation. That sounds like what most people are searching for. But people that are not experienced in dealing with financial and debt problems don’t know what they don’t know.

Saying you want to find a good debt consolidation company is a bit like holding a hammer and looking for a place to use it.

Debt consolidation is a solution, but what is the problem? Most commonly, people will say the debt is the problem when it is not. Debt is the symptom and trash left behind from the underlying issues that got you in debt.

Unless you take a step back and be introspective about your specific financial situation, how you got here, and where you want to go then it is more likely you will be back in the spot again.

The best advice I can give you is to schedule a call with an independent debt coach that can look at your situation from above and guide you towards a solution that resolves the current situation and points you in the right future direction.

If you want to talk to a debt coach I trust, then talk to Damon Day. I have every confidence he will listen to you, create a plan of action to address your situation, and help you to find the right tools for financial success.

Sincerly,

You are not alone. I’m here to help. There is no need to suffer in silence. We can get through this. Tomorrow can be better than today. Don’t give up.

Damon Day - Pro Debt Coach