Handling The Financial Crunch

I have been looking into credit card debt consolidation lately. I have been trying to weigh the benefits of things like credit counseling, consolidation loans, and the like. Things have been getting more and more tight each month. I am just not sure which avenue to take.

I found debtguru.com while I was searching around. They are one of those non-profit credit counseling companies. It says they will give you a free cosultation, and free enrollment, and they only charge a 30.00 monthly fee if you use their service to help them pay their costs. That does not sound so bad. Since it is free to get evaluated, there is really no harm in contacting them and see how they could help me.

It would be nice to have less money going out each month while still being able to pay my debts. The site says they can reduce my payments 25- 50 percent. That would definitely give me some room to breath. Bill collectors are the worst, but once you get your payments set up, you don't have to worry about people hounding you anymore. That is always a plus in my book. This type of program can also help you avoid filing for bankruptcy. I went through that once before because of medical bills and I would rather not have to do it again.