Access all resources:
Check your local phone book and the Internet. Ask among friends and family for Debt Consolidation Company recommendations. Compile a list of three or four possible companies so you can compare and contrast their services, fees, etc. If possible, try and find at least one local company and one Internet company.
Look for warning signs:
As you compare the different Debt Consolidation Companies, look out for signs of scammers. Extremely high fees and lack of personal attention are all red flags, as is asking for money up-front before they review your paperwork. Be wary of any company that doesn't have a physical mailing address, especially if all your phone calls are answered by voice mail. When you dial their number, you should always be able to speak to a customer service representative.
Check them out:
Before signing on with any company, check them out with the Better Business Bureau. You'll be able to see if they have any formal complaints listed against them, which can be a warning of scammers or unscrupulous managers. If the company is local, check with any local business organizations, too.
Choosing the best Debt Consolidation Company can help save you time and money. Just remember to carefully compare different companies to make sure you're getting the services you need for the best price.