Whether the company is not for a profit or not
The next major thing to look before choosing a debt management company is whether the company is for profit or not. While not all not for profit companies are legitimate, and while not all not for profit companies are bad. You need to draw a line, so that you don’t get knock down by these roadblocks. Not for profit company simply means that the company has been approved by the govt and is providing them tax incentives. It simply means, the company is really out to help the customers, but it is not always a guarantee.
The next major factor to consider is whether the company is nationally accredited or not. There are several accrediting bodies that will help you rise from ashes. Bodies like the American Association of Debt Management Organizations, the Association of Independent Consumer Credit Counseling Agencies, and the National Foundation for Credit Counseling can help you to attain your goal. If the company is accredited with any of the above mentioned agencies, you need not to move to another company.
Reputation makes organization answerable to customers. You can seek referrals from friends, colleagues, or those who are undergoing the same situation. You can check a reputation of company from Better Business Bureau; it will ensure that you get best of both the world.
Exercise your discretion