In fact, nothing in a financial world is free. So, you have to be cautious about advertising about the free debt consolidation. Usually, such “free debt consolidations” are about a free quote or a first-time counseling session. Though, such first-time counseling sessions are made to attract the attention of the clients. They haven’t got such outstanding benefits, in the reality.
You have to understand that debt consolidations aren’t always a profitable thing. The only thing that you win is a lower interest rate but it doesn’t mean that you will benefit from the debt consolidation completely.
So, the answer is – yes, there are free debt consolidations but they can’t be safe. There are no lenders that work on the volunteer basis. All lenders want to benefit from the deal. So, reliable lenders won’t offer free debt consolidation. You can only find free cheese in a mousetrap.
Still, it’s possible to find debt consolidations on the reasonable conditions and Personal Money Service is a good choice! So, familiarize with our offers when you decide to consolidate your debt!