Handling your finances is complicated even for experts, and the right times to use services like debt consolidation are especially controversial. There’s nothing wrong with using your own wits to try and muddle through it all, of course. But if you’re in debt badly enough to think about debt consolidation, you could probably use a little help. Thankfully there are plenty of sources of information out there to educate people on the right ways of using debt consolidation services.

The most obvious place to go to for information is the one you’re probably already using if you’re reading this article: the internet. Our ancestors would consider us incredibly fortunate and spoiled, given how much information is freely available online. All it takes is a little determination to use those search engines and click those links until you find what you need. Since the internet is a platform that tends to provide information as there is a demand for it, and many people have trouble understanding financial matters, debt consolidation information is one of many finance-related topics with a vast network of helpful online informants.

When you’re using the internet to find debt consolidation info, you need to remember that anyone can make a web site. Use some common sense and don’t just assume everyone is qualified to advise you. There are a lot of scammers and deceivers out there, but if you keep a sharp eye out for credentials and reputations you can spot them and steer clear away. On the bright side, quite a few professional lenders and other financial entities keep up to date web sites to help enlighten potential customers. Stick with a trusted name and you can’t go wrong, so long as you remember to take their self-praise with a grain of salt.

Apart from private companies, government agencies also maintain websites that deal with debt consolidation and their merits. These government based resources are great for making an informed decision, as they tend to be less biased than the websites maintained by private companies. There are also many real-world sources of information dealing with debt consolidation loans, such as books and DVDs. These are available at many major booksellers.

But let’s say you’re intimidated by the internet and would rather take a hands on approach to learning about debt consolidation. Fair enough! You can buy educational books, cds, and dvds on the subject at many major stores. Or for a more personal touch, you could try attending a seminar, which educates people on the finer points of debt consolidation for a minor attendance fee.

Given the wide variety of options available to you, there’s no reason you can’t find some way to learn about debt consolidation that will fit your personal schedule. At the end of the day, you have no excuse for ignorance on the subject! If you’re in debt and you think you might need debt consolidation, it pays to learn all about the service before jumping right in.

Once you’ve done some sound research, you will be well-equipped to make an informed decision about whether or not to acquire a debt consolidation loan.

Susan Reynolds is the webmaster for a leading South African Debt Consolidation provider. For more information visit: http://www.debtconsolidation123.co.za/

If you want to buy a $20,000 car over a 48-month period, then you should expect to get a 6.5% interest rate and pay $2,700 in interest over the loan’s lifetime. However, if you have a low credit score, then your interest will be 11% or higher, meaning you’d pay $4,800 in interest for that same car! Finding free credit repair services is so critical because it sets the price you get on mortgages, auto loans, school loans and credit card interest rates. Who wouldn’t want the best deal?

The best part about finding a third party credit counselor to tackle your credit repair is that you won’t feel so alone. It can be overwhelming, frustrating and embarrassing to find yourself knee-deep in debt. Sure, you could repair your credit on your own by reading a few books, buying software, calling and negotiating with creditors, or making an organized checklist of priorities. However, you may prefer the “we’re-in-this-together” feeling of working one-on-one with a debt reduction professional who can ensure you’re doing your best to pay off old debts and wipe the slate clean with a newer, positive payment history.

The first step toward credit repair is getting your free online credit score. Thanks to the Fair Credit Reporting Act, you are legally entitled to one free report each year from each of the three main credit bureaus, which are Experian, Equifax and TransUnion). On your credit report, you’ll see whether or not you have a high or low credit score, as well as all the outstanding debts you owe, people who have checked your credit report, loans you’re paying off and other financial information that is readily visible to loan officers. It is important that you check this report each year to make sure all of your financial records are up-to-date. Any past late payments, collection accounts or blemishes will be on your record for seven years, but your account status should be updated and your score should reflect your recent activity. It’s not unusual to find errors or dated information, so keeping your records accurate is one way to repair bad credit.

Many places offering free credit repair can’t really help you because they only offer vague advice at first, while trying to up-sell you to a premium membership for the “good” service. If you currently have unpaid bills and accounts in arrears, then you can benefit from credit card debt reduction or debt consolidation service. The debt consolidation officer will contact all of your collectors and negotiate better terms for you. You’ll pay them one monthly sum to cover all your debts and your debt counselor will disperse the money to all your creditors. The debt consolidation will show up on your credit report, but it’s much better than collection accounts or bankruptcy. A few popular consolidators to look into include My Credit Group, Lexington Law and Care One.

Finding quality free credit repair may not be simple, but there are many resources for you to turn to, listed at www.cccservices.com. At the Association of Independent Consumer Credit Counseling Agencies (AICCCA), you can gain access to a list of quality credit counseling companies. The National Foundation for Credit Counseling is a nonprofit company that helps consumers maintain financial stability. You can avoid credit repair scams by going through these organizations, checking companies through the Better Business Bureau and not paying large upfront fees to accomplish your goals.

If you want to read more articles about credit repair tips, please feel free to visit our credit repair site.