Getting help with your financial situation may be as close as a mouse click, or 5. Finding online debt consolidation services will take some time, but with all the options available to you, it won't be hard. What will be hard is making sure you take some time to choose the best service for you and your needs.
If you aren't really sure that you need this help, here is a quick checklist that may help clarify your situation and help you decide if online debt consolidation is necessary:
1. Do you have more expenses every month than you have income?
2. Do you have to juggle what bills you will pay each month so that your bills only get paid every other month and just in time to avoid legal action/
3. Are you only making minimum payments on your credit cards?
4. If you continue on the path you are on will it take you at least 5 years to be debt free?
If you've answered "yes" to most of these questions debt consolidation may be helpful for you. Having so much debt that you either can't pay all your bills every month, or you have to only pay the bare minimum is a sure way to financial ruin.
I don't mean to add to the stress I'm sure you are already feeling, but what would happen if you had some unexpected financial situation?
What if you got laid off, or hurt and you couldn't work for a while? What happens if you had an expensive car or home repair bill?
You need to get out of debt, and the sooner the better. The sooner you start living within your means the more "wiggle" room in your monthly budget and the more relaxed you can be. It will be nice to be able to sleep at night, won't it?
There are many sources online that can help you out, but there are also many services online that will gladly and happily screw you over and take your money.
Make sure that you don't allow your desperation to make you let go of your common sense.
Take as much time as you need to find a quality service that will actually help you out and not just take your money and run.
For one thing, be very wary of any place that doesn't have a physical address. Even online businesses have some sort of office that they are working out of.
If they don't have any physical address at all, that may not be a good sign.
Another thing you can do is you can use an online yellow pages services for the city and state the company is in and see if they have a listing. If the company has gone to the trouble of getting a phone book listing, they may be more legitimate.
Also, check with the Better Business Bureau to see if that company has any complaints. If so, you may want to keep on looking.
Another potential red flag is if the company wants you to pay upfront even before they have looked over all your information.
These services won't be able to help everyone and if they want money before they have had a change to check out your information, what happens if they can't even help you? Will they give your money back? Personally, I wouldn't count on it.
When dealing with online debt consolidation better to be safe than sorry.
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