Debt help starts with clarity: understanding what you owe, what it costs, and which strategy reduces total expense while protecting your credit and cash flow.
Pause new borrowing, list essential expenses, and create a temporary plan to prevent further damage.
Evaluate consolidation, repayment plans, creditor hardship programs, or structured counseling based on your situation.
Implement a realistic budget, automate payments, and adopt behaviors that support credit rebuilding and consistency.
Debt help is not a single product or one-size-fits-all solution. It is a structured decision framework designed to:
A solution is only effective if you can maintain it for 6–24 months without falling behind again or accumulating new debt.
Often carry the highest interest rates, making them a primary focus for consolidation strategies.
Fixed installment debts that can be refinanced or restructured to achieve better repayment terms.
Frequently negotiable; many providers offer structured payment plans or hardship programs to reduce financial burden.
Require careful handling due to significant credit impact and potential legal consequences if left unresolved.
Extremely high-cost debt; exiting quickly is critical to avoid worsening financial and credit situations.
Providers may allow payment arrangements or temporary relief to prevent service interruptions or penalties.
One loan used to pay off multiple balances, replacing them with a single fixed monthly payment.
Borrowers with stable income, manageable total debt, and a preference for predictable payments.
Fees, longer repayment terms increasing total cost, and continuing to use paid-off credit cards.
Moving high-interest credit card balances to a lower-interest or promotional-rate card.
Borrowers with strong credit who can repay balances within the promotional period.
Transfer fees, promotional rate expiration, and missed payments triggering higher interest.