Over the years, I’ve received numerous emails asking me, “Does debt consolidation work?” Or, “What’s the best way to consolidate my debt?”
Neil Ellington of CESI Debt Solutions joined me September 23rd, 2011 to explain how credit counseling works. He explained what debt consolidation really is, and how a debt management program (DMP) through a credit counseling agency works.
He also shared some surprising advice; failure in a DMP can be a good thing, for example.
You’ll also understand the real effect of credit counseling and debt consolidation on your credit. (It’s probably not what you think!)
After listening to my interview with Neil, you’ll be able to make an intelligent decision about whether debt consolidation through a credit counseling agency may be right for you.
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