If you feel intimidated by the debt consolidation loan process, get help from a non profit credit counseling agency.
Credit counselors normally help with budgeting and negotiating payment arrangements with your creditors, but many credit counselors also have contacts with many debt consolidation loan lenders. Ask a credit counselor for a reference.
Even if they can’t refer you to a lender, they can help you make a budget and determine which expenses you need to cut to free up cash to make your debt consolidation loan payments.
This advance preparation will help you when you sit down with your lender. If you are prepared, and know what you can afford each month, your credit counseling sessions will help you get a debt consolidation loan.
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