Debt consolidation involves getting a single loan with a lower or fixed interest rate to pay off and “consolidate” multiple smaller debts, typically unsecured debts such as credit cards, thereby giving the consumer a lower overall monthly payment.
However, unlike attorneys, debt consolidation companies are unregulated and have little-to-no oversight. As a result, debt consolidation companies can make exaggerated claims about their ability to help consumers who face overwhelming debt. They can also charge excessive fees.
Rather than risk losing your time and money with debt relief companies who frequently offer little more than empty promises, why not work with an experienced, well-trained debt relief attorney who can legimately help you.
Call 480-755-8000 to speak with our Arizona debt relief attorney today for immediate help.