Many people who are suffering from extreme financial troubles due to debt have successfully made use of credit counseling services. While it is often spoken of in the same breath with debt negotiation it is really quite different. If you work with a credit counseling service you will have your own personal credit counselor who will help you to get out from beneath your debt. They can help get your debts consolidated so that it is easier for you to make your monthly payments. You will only be paying one lump sum each month and it should be smaller than the sum of the payments you were making previously.

If you are sick and tired of bill collectors calling you as well as terrified of the collection agency letters you keep receiving, then credit counseling just might be for you.

There is a right way and a wrong way to deal with credit counselors though. First of all, you need to be able to tell the good from the bad. Not all of these services are reputable. Millions of people have been taken in by credit repair scams, don