Phone calls from strangers frighten you because you suspect it could be a debt collector. Your financial arsenal is loaded with a frightening large assortment of credit card bills and other assorted payments that are past due. The stress from this situation is wreaking havoc on your health, so breath deep and make that first phone call to a non-profit debt solution company.
A non-profit debt solution company should be the first line of defense for those individuals who are drowning in debt. A non-profit organization is legally established to fight for private or public interest without focusing on monetary profits. Non-profit debt solution companies help those in need organize their financial obligations, and although their goal is not to profit from consumers’ call for financial help, there may be fees involved as there are costs for operating the organization.
Those negative balance holders opting to work with a non-profit debt solutions company need to be aware that this process for getting out of debt is not a quick fix. A professional non-profit debt solution company can help individuals develop debt solutions that may take years to reverse the financial situation completely.
Some non-profit debt solutions company provide some of their services pro bono, such as a complimentary credit counseling service. Other services (paid or free) can include but not exclusive to only working on personal budgets, developing action plans, calling a debt-holder’s credit card company to help aid in lowering the bills, debt consolidation, and providing consumers the overall skill set to manage their own finances in the future.
By working with a professional non-profit debt solution company, realistic goals can be set and obtained. Plus, a non-profit debt solution company may be able to help you out of your financial crisis and prevent you from the following: foreclosure, repossession, and utility shutoff. They may be able to get you back on the right financial track.