Getting reliable debt consolidation advice is not that hard to find. But not everyone is willing to admit that they need help. Either that or they are too embarrassed to say that they had messed up their finances. They do not want to admit that there is something wrong with the way they handled their finances.
But if you are struggling because of the debts you owe, you need to consider getting help. A survey revealed that 6 out of 10 American consumers feel stressed because of their heavy debts. If you feel stressed about debt, you need to do something about it. Stress is a natural response of our body. But you should realize that it should not be felt by your body for a long time. The tension that it will bring can cause harm to your mind and body.
If getting help is what you need to solve your debt situation, then that what you have to do. In case you are thinking about the money that you have to pay to get professional help, you don’t even have to go that far. Start by getting a debt consolidation advice. Once you have done that, you can decide if you will need professional help to pay off your debts or if you can do it on your own.
3 options to get debt consolidation advice
The perfect debt solution will not just drop on your lap. You need to find the time to research your options. You have to learn what every debt solution can bring so you can make the right choice. Admittedly, this can be confusing. But with the right information, it is possible for you to make the right choice.
So where can you get reliable debt consolidation advice so you can make the right choices?
If you want to keep your debt situation to yourself, this is the best place for you to get debt relief advice. There are so many sources of information online. You just have to take the time to read through the thousands of articles written about it. Obviously, you need to make sure that you are reading the right information.
Start your search by looking at government websites like ConsumerFinance.gov, Consumer.FTC.gov, etc. They have helpful information that you can be sure is legitimate. You can also try news websites like WallStreet, CNBC, MarketWatch, etc. These are the sites that will help you stay updated on consumer debt statistics, the US economy, credit news like interest rates, and so much more. These will prove to be vital information when you are trying to find your way around paying off your debts.
You can also search for personal blogs that you can relate to. If you are a person loaded with student loans, look for someone who is actively blogging about their journey to get out of debt. If you are a single mother trying to make ends meet, there is sure to be another single mom going through the same thing and sharing her experience online. Reading their experiences may be what you need to understand what you need to do to get over your own difficult situation.
Another source of reliable debt consolidation advice is someone close to you. It could be your spouse, partners, parents, siblings, friend or even your colleague. If you know someone who is currently going through a debt relief program or has gone through one, talk to them. Ask about what they went through. Getting first-hand information from someone you know will make things real and more relatable.
Admittedly, this will be hard to do. There are reports that reveal how 47% of Americans feel uncomfortable discussing their debt situation. This is specific to credit card debts. Maybe it is because we fear the judgment and disappointment that we will get from them. After all, if the person is close to us, then their opinion matters.
But if you know that they can encourage and support you, then you need to swallow your pride. Although it will be embarrassing, it will all work out in the end. If anything, you will know who are the real people who will be there for you. And the great thing about their advice is that you know they have your best interests at heart.
Finally, you have the option to get debt consolidation advice from a professional. There are many debt experts out there who have the experience and expertise to give you solid advice. What is great about these professionals is the fact that they will not be biased. Everything they will tell you will only be based on facts and not driven by emotions. They may seem callous at times. But some people need just that. There are those who need soft and emotional support from their loved ones. But there are those who need a tougher approach.
If that is you, then go and get the help of a professional. They will not listen to your excuses and will force you to meet your commitment. This may not be very motivating but sometimes, it will get the job done. These professionals will also make things easier by helping you with some of the tasks that you have to do – like sending payments to creditors and lenders, etc.
Benefits of getting debt consolidation advice
It may be hard for you to share the fact that you failed to keep your debts under control. But before you let your pride win, consider the benefits of getting a reliable debt consolidation advice.
First of all, you will benefit from a different perspective. Sometimes, the thought of all your debts will overwhelm your mind. You think that it is impossible to get out of it. Add to that the stress that is making you feel desperate and frustrated at the same time. These feelings can cloud your mind.
What you need is someone who can look at everything from a different angle. Getting debt consolidation advice will help you do just that. It will make you realize that it is not hopeless. You can successfully get out of debt.
If you seek out the advice of loved ones, and they react with love, you can be sure that they will support you. At the very least, you can ask their help to lower household expenses so you can pay more towards your debts. In case you feel like giving up, they will be there to encourage you. They will give you the support that will allow you to complete all your debt payments.
Looking for debt consolidation advice will also help you feel motivated. And it is not just because someone is giving you their support. Knowing that someone already did it will help you push forward. Even if you hit a roadblock, you know that it is possible to overcome it. After all, someone already did. So it is not impossible.
When you tell someone about it, there will be a sense of accountability. If you told your loved one, you will feel ashamed if you do not succeed. That is one way to ensure that you will complete your debt relief program.