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Cambridge Credit Counseling is a non-profit credit and housing counseling agency that was founded in 1996.They provide various counseling services and financial literacy education to consumers across the country.But the truth is the debt is still there, as are the habits that caused it—you just moved it!You can’t borrow your way out of debt in the same way you can’t get out of a hole by digging out the bottom.That’s why AFBN’s new Debt Solution Program is so exciting!
National Debt Relief focuses on helping individuals and families get out of debt and avoid bankruptcy.
You payoff all your credit cards and other debt, now your payments have all been consolidated into just one monthly payment to the lender, hopefully at a lower average APR than your current bills.
You should close out all the accounts you paid off with your consolidation loan, so you don't run up the balance again.
This should hopefully cost much less than your total payments before, since most credit cards will drop the interest rate to 0.
Notice that no one is lending you money, they are just restructuring your debt, which is safer.