Debt consolidation and debt elimination companies
I receive many calls and emails from people who either think that Creditwrench is some kind of debt consolidation or debt elimination program or they want my advice about using them.
First of all, we are a provider of educational material and we don't do credit repair or debt consolidation or debt elimination. We teach that your first line of defense against problems with debt collectors is to pay what you owe to your creditors. If you find yourself in financial problems the answer is to first of all sit down and do a comprehensive budget analysis and see exactly how much money you have and where it is going.
Armed with that information you can then start to make intelligent decisions about what you can do to resolve your problems. But paying someone else to do what you can easily do for yourself simply don't make sense. The money you pay them would be better spent paying your creditors and getting yourself out of debt that much faster.
If push comes to shove and somebody has to be sacrificed then you should pick and choose which creditor will get paid and which ones you have to dump.
You should also pick a plan of action. Some folks advocate paying the card or cards with the least balance on them down to about 50% of their credit limits leaving that much more money free to pay on the other cards once you have reached that point. Some advocated paying down the one with the highest interest rates first and that makes sense too. Whatever plan of action you choose try to stick to it. Some plan is better than no plan at all.
If you have to let some creditors go for a while you can expect that it won't be long before the collection calls start coming in so you need a plan of action for those too and that is what Creditwrench does is give you the tools and the plan of action you need to stop the abusive collection efforts and get them off your back.
You should call us at 405-616-7901 for help in planning your way out of debt. It won't cost you a dime and you are under no obligation to buy anything.
If you are having debt problems give us a call. We think you will be glad that you did, and the sooner you call the better off you will be.