Debt management credit counseling? Credit counselors are basically a go-between organization. They negotiate the interest rates down to a workable level and get late fees stopped. All in agreement that you will pay the current balance off over a 3 year period.

Interest and late fees stop racking up. Single fixed payment that is guaranteed to reach the credit company on time every month. One payment that is affordable – as opposed to all the small ones that come in at various times during the month and you can’t ever seem to pay on time (thus incurring another late fee).