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Credit card debt consolidation is a form of debt management and is offered all over the country to a wide variety of individuals, couples and families who are looking for an alternative to bankruptcy. Credit card debt is a crushing reality for millions of American's and is often the demise of good credit standing and fruitful financial future. There is help and debt consolidation is just one of those ways out from under the credit card debt you are facing.

When you are first considering debt consolidation you need to find a debt consolidation company with experience in credit card debt and who offer experienced credit counselors who offer a variety of services to help you get back on track. While, debt consolidation may be your goal, they should always tell you about other debt management programs and explain how they can all work together for the optimal outcome. Once you have been through this and decided on the best route to take, you can get started. You should never be asked for payment for services until after they have been completed.

In order for debt consolidation to work well for you, you need to be honest about your credit card debt and provide the most up to date information you have about the accounts you are including in the consolidation loan. Once you have done that your credit counselor will be able to negotiate a settlement price and set up a payment date based on when the loan will be available. You will need to go through a loan process in order to get the debt consolidation loan and this is similar to other loan processes where your credit is inspected, but different in the sense that they already know what they are dealing with.

Once you have your debt consolidation loan processed and approved, your credit card companies will be paid and you will find instant relief from harassing phone calls and letters, as well as the monthly financial relief of juggling multiple payments and loans. You will likely also end up with a smaller loan payment on the consolidation loan than you were trying to come up with to cover all the other credit card payments. You should then take the time to dispute the now incorrect information on your credit report to get the accounts listed as paid. This will instantly improve your credit score as well.

With credit card debt consolidation there is light at the end of the tunnel and when you take the time to work with someone who is experienced in the areas you need help in, you will find relief in the best way possible for your situation.