Are you one of the millions of Americans who are trying to find debt relief in Albuquerque? While it is easy to get tempted by tempting offers from debt settlement companies, you need to ask some important questions first. How much debt do you have? What is your credit score?

Regardless of how careful you are with your spending, it can occur at any time. Your debt relief solution may only be a phone call away now. Whether it s debt consolidation, debt settlement or debt negotiation Albuquerque residents can get help now.

If you own your own home you may be eligible for debt relief through debt consolidation. There are many reputable and experienced debt consolidation organizations in Albuquerque that will work with you to create a debt resolution plan. You will pay less each month towards your debts because they will distribute the money to your lenders on your behalf. This can also help you lower your interest rates. It may not be as easy to obtain debt settlement as a debt consolidation loan, but it may be a worthy consideration.

Before you even begin to contact debt relief companies, you should know a little bit about your credit score. You can order a free copy of your credit report from the three credit reporting agencies. Keep the report for three years and then check it for accuracy. If you notice any errors or discrepancies, talk to the credit reporting agency immediately. If you notice an error in your credit score, you could help your creditors know about it and request that it be amended.

If your credit cards are all being paid by a debt settlement company in Albuquerque, don’t stop making payments to your credit cards. These companies are able to reduce the amount of money that you owe and can reduce the amount that you need to pay back. In some cases, debt relief companies can even negotiate with your creditors to lower interest rates on your credit cards so that they are easier to pay off.

If your credit card debts are all being paid by a debt settlement company in Albuquerque, don’t stop paying the minimums. Even if you have been contacted by collection agencies, you still have time to correct the problem before the agencies contact you again. You can call them and tell them that you are interested in working with the collection agencies but that you want to pay your credit card debts at once. These collection agencies are often willing to work with you if they know that you are serious about paying everything on time. Then, you can ask for their help to stop the debt collectors from calling you.