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A debt reduction and elimination service will negotiate a payment plan with your creditors according to your new budget.http://www.ezconsolidation.com/debt_elimination.php Credit Card Counseling Agency- (Found September 17, 2008 ) Usually, a credit counseling agency will attempt to get you a lower interest rate on your credit cards in order to coax you into paying them down. The creditors do not have to accept these terms and can easily reject you, but this is usually based upon your own financial situation and the type of relationship that the credit counseling agency you go with has with your debtors.http://www.ezconsolidation.com/credit_counseling.php |