A reader asks…

HI, WOULD LIKE TO GET ASSISTANCE IN PAYING BILLS THAT ARE IN COLLECTION. I HEARD OF DEBT CONSOLIDATION BUT IM NOT SURE WHICH ONE IS THE BEST TO BEGIN TO PAY MY BILLS. I AM TRYING TO INCREASE MY CREDIT SCORE.

A reader asks…

What is a good debt consolidation company that will negotiate what you owe by negotiating with the creditor, and then you owe less than before to each creditor, but you owe them for one big new loan , to them for paying your debts?
So they are getting your debts down by negotiating and then give you a consolidation loan to cover the amount owed to them now?