http://www.debt-free-key.com/debt-consolidation/free.html Free debt consolidation - Do free debt consolidation companies actually exist? en-us Tue, 07 Jun 2005 23:15:41 EDT Tue, 07 Jun 2005 23:15:41 EDT Weblog Editor 2.0 If you need to consolidate debt you don't want to pay for it, right? Right. Well, you are in luck, because there are non-profit and free companies that do not charge for their advice. For the actual service- well, you'll have to pay for that. Think of it as a hook to get you to look at their other offerings. Free Debt Consolidation Companies advertise free debt consolidation, but what exactly is this? How can they feed their families when other companies charge for the same services? Why aren't more people taking advantage of this free debt consolidation? It isn't a total sham, but if you believe this you are being taken for a slight ride. If a company brags about free debt consolidation they are an informational company. They still can help by giving you advice and explaining your finances, like we do, but they do not help you themselves. They can answer your non-specific questions and then refer you to a company that they trust. So they can help to educate you, and their services are a good thing, they just are not a real consolidation company. A final thought on free debt consolidation If someone offers you free debt consolidation go for it- it can not help. They may not be overwhelmingly helpful, but they will answer broad questions about debt consolidation. We have listed some free debt consolidation companies on our references page. They are a good place to start if you do not know much about consolidation. But after you talk with a free debt consolidation company you will have to pay someone for the next step. Tue, 07 Jun 2005 23:15:41 EDT