Free Consumer Credit Reports

Debt consolidation involves taking out one loan to pay off many others. If you work with one of the many nonprofit debt companies out there the process if often simplified many fold. A debt management program can lower your monthly payments, reduce interest charges, and simplify your life. It is worth looking into as good credit, which includes paying off your past-due bills, is very important in our society.

Having a good credit rating is important to everyone. The free consumer credit reports is something to consider.

More than 50% of college freshmen today owe over $1,500 in credit card debt. When kids have such credit problems it is no surprise that, as adults, we have even bigger problems. We are trained from when we are young, some would say brainwashed, to use credit like there is no tomorrow. For kids, there never is. But when you want to get a loan, our credit is the single most-important factor in the rate we will pay. Keep your credit report clean, pay off your debt, and if you need help, contact a credit counselor at one of the non-profit organizations in your state.

Watch out for bankruptcy firms that mascarade as debt consolidation companies. You do not want to declare bankruptcy in most cases. Visit the FTC's web site for more information Ads Promising Debt Relief May Be Offering Bankruptcy

The FTC also offers some good advice in picking choosing a credit counselor: Choosing a Credit Counselor.