Credit Card Help - Find Legitimate Debt Help For Credit Cards Online - Debt Relief

A lot of companies have come up in the market with debt relief measures but it is important to check if it helps solve your debt issues.

* Whether you need them at all? * Which one is legitimate? * Is any debt relief program suitable for you?

If you are able to make minimum monthly payment or find your interest rate high and want to negotiate for something low, you can probably do it on your own. You can call up your credit card company and discuss regarding low interest rate, most of the creditors would be willing to make the payments affordable for you. During recession, it is as much a loss to the creditors as to the debtors. Lenders might fear losing a customer or being the cause of their bankruptcy, to avoid, they might offer some lucrative discounts on the APR for few billing cycles to help make debt payments. So if you are under one of these situations, it would be worth referring a debt relief option falling behind on payments:

• Haven't made payments for three billing cycles, as it might affect your credit score
• On the brink of declaring bankruptcy
• If you are not urgently in need of a debt relief advice, it would be waste of time, money and energy to consult a debt help. Also if some firm promises to make lie better for you outside the scope of these situations, it is likely to be a fraud or a scammed company.

Further guidelines to help you filter a legitimate program are as following.

* Consult debt relief network or credit counseling which offers service free of cost. They are mostly non profit or government organizations, which study your financial position and help you decide which program to take for debt help, whether you need them at all or not. Besides they help you discipline your budget for future credit stability.

* Debt settlement and debt management options are generally referred when your debt is more than $10,000 and you have no options to make full payment. These companies charge you for their programs to get a reduction up to 50 -70 percent on the principal amount of debt. Avoid companies which force you to join such plan unless absolutely required. Make sure their fees do not exceed $10 - $30 per month or 15% of the forgiven amount you pay to the creditors.

* Try to extract as much information about these companies on the Internet and refrain from one that charges up front fat fees without disclosing any information. Many such companies have already come under the notice of the Federal trade Commission and blacklisted. Some of the restart the business under a new name as well, so beware.

* Make sure the companies are accredited by Better Business Bureau and have IAPDA certified professionals to handle your debt.

Finding legitimate debt settlement companies is not that difficult but consumers must know where to look. It would be wise to utilize a debt relief network that will qualify the companies for you and ensure that they are legitimate and have proven themselves. To locate the top performing debt settlement companies in your state check out the following link: