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<$Thursday, January 17, 2008$>
New Resource: Credit Exchange
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If you have a lot of different debts, of course one of the more ideal ways to deal with it all is to consolidate them so that you only have a single payment each month. This can be easier said than done, though, especially if you have a low credit score. Credit Counseling is an attractive option for some, but those waters can be pretty murky, hiding a lot of sharks. The Credit Exchange seems more like a rescue dolphin -- okay, "murky" is starting to describe this metaphor. Anyway, they're not a debt management company, but a credit counseling and referral service. Their web site has a lot of educational tools and resources, too. I'm making pretty good progress paying off my cards with my "debt snowflake" method, but if my situation was more dire, I'd be tempted to put these folks to work for me.

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