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With this method of debt relief, debtor will no longer have to answer embarrassing phone calls from his creditors. The debtor will not receive any bills or pay creditors directly. The debt consolidation program will directly take control over creditors. The debtor will just need to pay debt consolidation company a single amount every month according to budget which was agreed upon with debtors. So there is no need for any interaction with creditors.
Most of time these systems are free to debtor because fees are paid by creditors, since they would rather get something in return than lose all money that debtor owes them. Also, programs like this work for those with good or bad credit. It is a great solution for debt reduction to use a debt services company or consolidator that uses this method.
To see a list of recommended debt consolidation companies online, visit this page: www.abcloanguide.com/debtconsolidation.shtml - Carrie Reeder is the owner of ABC Loan Guide, an informational website with articles and more about various types of loans.