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How do you choose the right debt consolidation company ensuring that you will not get ripped off?

In: Debt Counselors and Consolidation [Edit categories]

Answer:

You can choose a debt reduction company like Freedom Debt Relief, who can negotiate with your banks to reduce your debt amount and one can become debt free in the least amount of time. I took their service which was very good.

Answer

I question the value of debt consolidation companies. I have an article on my website discussing how Chapter 13 bankruptcy is often preferable to private debt consolidation companies.

Answer 2
The safest way is to choose a company that is accredited to the Better Business Bureau. Check out facts. The Internet is a good place to look for comments and reviews in forums. See what others have to say about a particular company. Check out the history of a company - proven track record, BBB ratings, etc. The highest BBB rating is A+. For more information, visit the link below.

First answer by Chslaw. Last edit by Beja1478. Contributor trust: 2 [recommend contributor ]. Question popularity: 107 [recommend question].

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