Is Preferred Financial Services Okay to Relieve My Debt? – Tina

“Dear Steve,

I want to trust someone to help me get out of debt and a young lady suggested preferred financial sevices. She says they really helped her.

Is this site okay to relieve my debt situation. I do have other every day bills. phone (comcast triple) its basic. Insurance hm and car. Car is paid off. Rent. tracfone $25 a month no contract.

I have downsized a lot and I have gotten rid of two bills so far. I don’t have any money left over to do simple things. Like wash me and my daughters clothes, grocery shop, I have to decide what I can and can’t afford, then there is making sure I have enough money for gas and getting back and forth to work. Thanks in advance for any help you can give.

I have a loan balance of 12, 337 plus a credit card debt of 22, 224.


Woman in home office with computer and paperwork frowning

Dear Tina,

Do You Have a Question You'd Like Help With? Contact Debt Coach Damon Day. Click here to reach Damon.

Please read our past articles and posts about Preferred Financial Services and let me know what your impression is.

I have no idea what type of service they are suggesting to you. Your question did not make that apparent.

I’d suggest you first read How to Get Out of Debt. The Honest and Unvarnished Truth and The Truth About The Success Rates, Failure Rates and Completion Rates of Credit Counseling, Debt Settlement, and Bankruptcy. They will give you a great overview of what we need to deal with to get you moving in the right direction.

Then use the free How to Get Out of Debt Calculator to review your options.

Once you’ve identified a company you want to work with, then follow my step-by-step guide on what you should look for and expect from a good debt relief company.

Please post your responses and follow-up messages to me on this in the comments section below.

Damon Day - Pro Debt Coach

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Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.
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