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Debt Consolidation can Instantly Reduce Your Debt up to 60%!
Lower or completely eliminate your interest rates and save thousands
- getting you out of debt up to 70% faster.
Debt consolidation will
- Slash your monthly payments up to 60%
- Reduce or eliminate the interest rates
- Give you one easy monthly payment
- Drastically reduce your payoff time
- Help you obtain Financial Freedom!
What kind of debt can be consolidated?
Any unsecured debts such as credit cards, lines of credit, department
store cards, personal loans judgements and liens, student loans,
medical bills, business loans, collection accounts, and past due
utilities qualify for consolidation in our program. To qualify
for a program, your debt must total more than $5,000. Secured
debts such as home mortgages and auto loans typically cannot be
successfully consolidated.
What exactly is debt consolidation?
Debt consolidation is the process by which we negotiate with
your creditors to obtain better repayment terms for you on existing
debt. Under our debt consolidation plan, monthly payments are
lowered and interest charges are reduced - often to levels as
low as 6%! You save thousands of dollars in interest rates, and
therefore a reduced payoff period.
Do I have to pay a fee to
use a service?
Non-profit credit counseling agencies do require a contribution
on your part to enroll in the debt consolidation program. This
nominal fee covers operation costs and will be included in your
monthly payment. This will be disclosed to you with the free quote.
Why are creditors willing to work with your company?
Creditors are willing to cooperate with debt consolidation services
in order to avoid losing all payments in case a client decides
to file bankruptcy. Creditors are willing to grant concessions
to people in the form of lower monthly payments and reduced interest
charges, with the understanding that they will at least receive
the principle back under the debt consolidation plan.
Will debt consolidation hurt my credit?
These companies usually do not report to the credit bureaus.
However, some of the creditors participating in this program may.
This usually will show up as accounts being paid through a credit
counseling agency. This is not necessarily a negative mark. It
in fact shows that you are trying to pay on your debt obligations
and creditors recognize your efforts. Regular payments on our
program will actually improve your credit rating over time.
Do I pay the monthly consolidation payment to the
company or the creditor?
Once you enroll in a debt consolidation program, you no longer
have to deal with the creditors. You will send one payment to
a credit counseling company and they in turn disburse it to your
creditors on your behalf.
How will I know when payments are made on a program?
Each month you will still receive a statement through the mail
from the company indicating when a payment has been made and how
much.
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