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In fact, you end up paying more and staying in debt longer because of so-called consolidation.

Get the facts before you consolidate or work with a settlement company.

New Era Debt Solutions is another standout company.

It has flexible programs that don’t have a minimum debt requirements.

Here’s why you should skip debt consolidation and opt instead to follow a plan that helps you actually win with money: The debt consolidation loan interest rate is usually set at the discretion of the lender or creditor and depends on your past payment behavior and credit score.

Even if you qualify for a loan with low interest, there’s no guarantee the rate will stay low.

But let’s be honest: Your interest rate isn’t the main problem. This specifically applies to consolidating debt through credit card balance transfers.

That’s why dishonest companies that promote too-good-to-be-true debt relief programs continue to rank as the top consumer complaint received by the Federal Trade Commission.

After 100 hours of researching and calling debt consolidation companies, our top choice is National Debt Relief, which is one of the most transparent companies we spoke to.

It offers top-notch customer service and its costs and fees are well in line with industry standards.

You don’t need to consolidate your bills—you need to delete them.

To do that, you have to change the way you view debt!

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