Need Debt Help? Free Resources for Reliable Debt Advice
If you’re in debt, having accurate and useful information about debt management can mean the difference between financial freedom and bankruptcy. The key to putting a credit repair plan into action is to gain as much knowledge about your rights, your responsibilities and your options as you can. Before you consult with a debt specialist, check out some of these Internet resources that may be able to help you answer some early questions. Debt resolution cannot happen “with a click of a button,” so before you give your credit card information to a website, check out these free resources first.
Government Sites To Get You Started
If you are looking for services that involve debt relief, consolidation, bankruptcy, and more, the best place to start is with a trusted source like the Federal Trade Commission (www.consumer.ftc.gov.). This government site provides detailed steps to take and the basic info that you should know before you talk to a private debt expert. They are also a great resource for gaining accurate knowledge about scams leading to identity theft. For more general advice when it comes to financial issues and advice on budgeting and job searches, visit the United States government site at www.USA.gov. This national site can help you to create a financial plan and budget, and will provide you with valuable tips on saving money. Look for the section under the Topics drop down menu for Family, Home and Community.
Go To The Source: Debt Advice From Credit Bureaus
If you have questions about how your credit score is calculated (and you should) go to one of the three major credit bureaus such as Equifax (www.equifax.com), Experian (www.experian.com), or Transunion (www.transunion.com) to learn about how these credit bureaus work. They also have information on ways to deal with credit card debt and can help dispel some of the myths surrounding credit fixes. Discover how your score is calculated, how your actions affect it and ultimately, what steps you can take to enact a credit repair. Your score is one of the things that a debt consultant can use to immediately assess your situation and prescribe the best course of action for managing your debt.
TV Personalities Are Fairly Reliable
While TV presenters like Suze Orman and the like may try to sell you something (like their books), they still offer helpful, free advice in their forums. The Orman site is full of great advice and resources to explore. Orman provides links to trusted credit bureaus as well as free online credit score companies. One thing that you can trust is that there are others out there in a similar debt situation. You’ll learn about their situations and find answers to their questions on her site. She also links to The Fico Forum site (www.ficoforums.myFico.com), which while not a government site, offers a very large community of people asking the very questions that you may have.
Being part of an online community geared toward debt management can provide you with great advice, so start listening and learning. These great debt resources and financial management websites will help you to establish a debt repayment plan and learn more about how the world of debt works. The next time you have a question about your debts and finances, visit one of these great sites for free advice and answers – the information might save you a major sum.