California Debt Consolidation: Home Equity Loans

Rates, Quotes, and Organizations: Agencies, Companies, and Firms

Debt consolidation, in simple terms, means taking all the money you owe to different sources, or in most cases, different credit card companies, and putting it into one source of debt - either another credit card or some other type of loan. For those that have gotten themselves into trouble over mounting debt, there are organizations that can help them consolidate their debt, better manage it, settle it, or work with it to reduce their taxes. These organizations will also help those with debt by giving them advice on spending patterns, organizing their finances, and understanding interest rates and their effects on loan payback.

Here's OTHER companies offering Debt Consolidation products to find the exact combination of service, products, and value you want.

In California, free government-affiliated services are generally offered at the county level through partnerships with local financial institutions. California also hosts private for-profit and non-profit debt consolidation firms. Potential clients should investigate the legitimacy of these firms by contacting their state attorney general's office and the local better business bureau. It has been shown that yearly increases in income help individuals reduce their debt. California's per capita income growth from 2001 to 2002 was 1.0%, with a rank of #44 in the country, meaning that its citizens could be less able to manage current debt because of their increased salaries than those in other states. *

* Source: U.S. Bureau of Economic Analysis and Bureau of the Census