If circumstances have caused to have financial trouble to the point where you can't pay all of your bills each month, then you need help with debt relief. Dealing with constant financial stress can put a strain on your marriage and even damage your health. There are options available to you, so seek them out so you can regain your peace of mind.

With the way the world economy has been the past couple of years, creditors have become more willing to work with you if you contact them and let them know what is going on. Many people are in the same boat as you and some creditors have worked out ways to give you temporary debt relief such as deferring payments or rewriting your loan.

Debt relief can also be found in the form of a bill consolidation loan. When you do this, all of your bills are rolled into a single payment that is lower than you would have to pay before. You can do this with a home equity line of credit or by taking out a loan from a bank or loan company. If you are paying on several student loans each month, you can consolidate your student loans into a single payment that is easier on your budget. When you consolidate, your old loans are shown on your credit report as being paid off which might even raise your credit score.

If most of your debt is on credit cards, you might be able to get debt relief by transferring your balances onto the card that has the lowest interest rate. This will make the amount you have to pay each month much less. However, it will take much longer for you to pay off the balance and you will have to pay out more over the long run in interest.

If your financial troubles have gotten so bad that you are behind in paying your bills, then you may be able to get immediate debt relief from a debt consolidation company. This is not a loan. If you are behind in your payments, you probably couldn't qualify for a loan anyway. Debt consolidation works with you by calling all of your creditors and working out a repayment plan that is affordable for you and gets you out of debt as soon as possible. You can only use this service on unsecured debt like credit cards and personal loans and not on your mortgage, car payment, or any other type of secured loan.

Working with a debt consolidation company for debt relief can be a real stress reliever. The day you sign up, the company becomes the contact person for your creditors. You won't have to be afraid every time the phone rings or talk to rude creditors any more. The company deals with your creditors for you.

The type of debt relief you select depends upon your individual financial situation and the kind of debts you have. Just know that whatever your situation, there is some kind of help available. If your credit is still good and you are struggling but not behind in payments yet, start by calling your creditors and see if they have programs that can help.

If your credit has already been hurt because you of late payments then consider talking to a debt counselor or calling a debt consolidation company so you can get the debt relief you need and start repairing your finances as soon as possible. Remember, you are not alone, and there is help available to ease your financial strain one way or the other.