The most common question that I am asked by consumers is what are the best debt management programs? I always typically answer with “that depends on what your situation is.”
I have always been very reluctant to simply give a consumer a list of what I would consider to be some of the top debt management programs without having been fully informed of what their needs are. For instance, a great debt settlement program doesn’t help much if you really should file for bankruptcy instead.
There are so many of what I consider to be horrible debt relief programs out there that a consumer is really unlikely to find a good company on their own. Quite simply put, the bad companies usually spend much more money on sales and marketing than they do on service, thus, consumers are most likely to find the bad ones.
Who are the best Debt Management Programs that I Trust with My Clients?
I recommend that every consumer contact me to put together a plan before making a final decision but I also realize that some consumers already have a good grasp on their financial situation and already know exactly what they want to do and would just like to know who I think are good companies to research.
For those consumers, the companies listed on the right hand column are companies that you should research and compare to other programs offered in the marketplace.
All of these programs have at least an A rating with the BBB.
They all have long and successful track records of 5 years or more.
In the case of debt settlement, all of the programs had performance based fees from the beginning and never front loaded their fees, a practice of most debt settlement companies until the FTC required them to stop by law in Oct. 2010.
I know the owners of all of these companies and would feel very comfortable referring a client of mine to them.
Not Sure If You Need To Hire A Debt Management Program?
If you are unsure of what you should do to resolve your debt situation, I still highly recommend that you schedule a phone consultation with me, but if you are confident that you know how to proceed than these companies on the right offer some of the best debt management programs for you to research in my opinion.
Full Disclosure on Potential Compensation
I Might Earn A Marketing Fee For A Website Recommendation
Some of these companies do offer marketing fees when a consumer enrolls into their program. If you are referred by this website without scheduling a phone consultation first, I may be compensated for the referral just as any other website that recommends a debt relief company. In cases where it is possible, I negotiate my referral fee down and ask that the saved money be given to the consumer as a fee discount.
However I do not accept referral fees for recommendations I make during any telephone consultations. Instead, if applicable, I ask that my entire referral fee be waived and a larger fee discount given to my client. You are paying me for my time during a telephone consultation and as such I feel that any potential additional compensation should be given to you.
I am not listing these programs because of a potential referral fee. All debt relief companies offer referral fees, and most offer substantially larger fees.
I offer this list of what I consider to be among the best debt management programs only as companies that I am familiar with, like and trust. While I expect you to do your own research and due diligence to make the best decision for you, the programs listed in the column on the right are certainly a good place for you to start.
