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How do you choose a debt consolidation company?

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The best way is to look for a reputable organization that is an approved nonprofit organization. You can check with the IRS to ensure that the organization is tax-exempt. Otherwise, any Debt Consolidation Company can try to sell you on a consolidation option that could make your situation even worse.



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First answer by Laura Chen. Last edit by Hooweestik. Contributor trust: 652 [recommend contributor]. Question popularity: 422 [recommend question]

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Answers.com > Wiki Answers > Categories > Business and Finance > Personal Finance > Debt and Bankruptcy > Debt Collection > Debt Counselors and Consolidation > How do you choose a debt consolidation company?

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