We live in a world where instant gratification is the order of the day. So it is no wonder that household and company debt is at an all time high. To meet the demand of individuals and companies who cannot pay their debts there is an army of debt consolidation companies. Many individuals need help paying their many creditors as well as run their households. Debt consolidation companies offer advice and even take over the process of consolidating their debt.
Which organizations offer free debt consolidation services and how can one apply to have one’s debts consolidated?
Many financial institutions and other organizations have free debt consolidation programs in place to help those who are so heavily burdened with debt that they can’t even pay for the service. However, free debt consolidation services are limited to advice and not taking over the actual debt consolidation component.
Many countries including the United States and the United Kingdom recognize debt consolidation as a necessary service. Hence, even the organizations who offer free services have but one aim – to give their clients the confidence and skills to go out and...