Debt Consolidation Firm Definition

A debt consolidation firm specializes in assisting clients perform debt consolidation. Such a firm will have experts available to evaluate individual cases and suggest appropriate methods of debt consolidation. Care should be exercised in selecting such a firm, however, as many of them receive partial funding from creditors; these types of companies can hardly be considered to offer impartial advice. Often, debt consolidation is made available through non-profit and accredited consumer credit counseling firms. These types of organizations are generally better-suited to offering impartial and objective advice.