Amazingly, your creditors subsidize all or a large part of most consumer credit counseling services. Before you say this sounds too good to be true, keep in mind that your creditors are not lowering your interest rate and making it easier for you to make smaller payments out of the goodness of their heart. They realize that if they don't help you out a little, you may file bankruptcy and they will likely collect nothing.

Through consumer credit counseling services they can at least recoup the principal on your debt. In addition, you will notice that most consumer credit counseling companies are organized as "non-profit" companies. This allows the credit companies to recoup a significant portion of the "lost interest charges" through tax write-offs.

So take advantage of this great service. It seems to be one of the few true win win situations out there for the consumer.

Contact us for a completely free consultation and a professional will teach you how you can begin saving on your interest charges within a couple of days.

Why would my creditors do this for me?