Debt Consolidation Service for the Unemployed

A Credit Article Contributed by Kris Griebe

I Lost My Job, but I Need a Debt Consolidation Service, What Should I Do?

Being unemployed, it will be important for you to find a debt consolidation service with a very low fee. No matter what service you go with, you will have to somehow find the money to pay them, but being able to pay very little to begin (or even nothing) can help you get started while you are searching for your next job. The first thing you need to do, even before you begin your search for debt consolidation, is to gather all the necessary information.

Collect all your credit card bills, loan statements, and any other paperwork pertaining to debt you are seeking to consolidate. You will need to have this information handy when you seek consolidation. If you have never been through this process before, it may seem a bit daunting, but have no fear, the help you need is only a few steps away, and there are many along the path willing to help you out.

So Where Do I Find a Debt Consolidation Service That is Free?

As with nearly anything else you might want to find, you will be able to locate a consolidation service online! After you have gathered your information together you should be prepared to begin the search. Don't despair, that doesn't mean you are going to spend a lifetime looking, instead it means that you will have to use a search engine! You have probably used one in the past, so stick with whichever one you know and type "free debt consolidation service" into the text box and click the search button. Shortly thereafter you will be shown a list of web sites that match the keywords you entered. Now it is a matter of figuring out which ones could help you!

Wow! I Have a Whole List of Sites Offering Debt Consolidation Service, Which One Do I Pick?

Unfortunately, there is no easy method to go about sorting through these sites. You are going to have to put in a little elbow grease (so to speak, please remember that grease and computers do NOT mix! ) if you wish to find the service that is right for you. Start from the top of the list and work your way down, reading the information on each website.

Keeping notes on each site might be a good idea, so you can quickly reference and compare the sites and the services they offer. Keep going down the list until you find five or ten services that you think could work for you. Check to see if they advertise that they offer services to fit your particular situation as well as how much they charge. Look for testimonials and for some indication that they have the experience of dealing with creditors, reducing interest, etc. From there, decide which is the best and choose that one. If for some reason they cannot, or will not, assist you, simply go to the next service on your list. Keep up this method until you find a service willing to help you!