Debt Consolidation & Settlement
If you are one of the millions of Americans facing debt in these difficult economic times, debt consolidation or debt settlement may be able to reduce your debt by as much as 50%.
What Is Debt Settlement?
Debt settlement, also known as debt arbitration or debt negotiation, is an approach to debt reduction in which the debtor and creditor agree on a reduced balance that will be regarded as payment in full.
As long as consumers continue to make minimum monthly payments, creditors will negotiate a reduced balance. However, when payments stop, balances continue to grow because of late fees and ongoing interest.
What Is Debt Consolidation?
Debt consolidation is a process in which one loan is taken out to pay off others. This process generally secures a lower interest rate, or a fixed interest rate. Additionally, the convenience of servicing only one loan often leads individuals to engage in debt consolidation.
Who Is This Right For?
If you’re a hard-working individual who is looking for a second chance, debt consolidation or debt settlement may be what you’re looking for.
Avoid hefty legal fees, pass on the endless paperwork, and reduce your stress by finding the debt professionals who can work with your creditors. These companies represent thousands of borrowers before creditors each year. They have established relationships with credit companies, and because of this, can negotiate repayment rates that you would not be able to on your own.
What's the Catch?
Debt consolidation and settlement may sound too good to be true: why would a creditor reduce a debtor’s debt? What’s in it for them?
These methods help those in debt pay back their creditors, which is something that bankruptcy prevents. So it is in the creditor's interest to renegotiate payments, in order to strengthen their relationships with borrowers.
That’s why debt consolidation and debt settlement have become so prevalent since the 1980s.
Learn More
To find out more about debt consolidation and debt settlement, and to find out if either option may be right for you, request more information today.
Request more info or call, toll-free: 1-866-410-1160
What Is Debt Settlement?
Debt settlement, also known as debt arbitration or debt negotiation, is an approach to debt reduction in which the debtor and creditor agree on a reduced balance that will be regarded as payment in full.
As long as consumers continue to make minimum monthly payments, creditors will negotiate a reduced balance. However, when payments stop, balances continue to grow because of late fees and ongoing interest.
What Is Debt Consolidation?
Debt consolidation is a process in which one loan is taken out to pay off others. This process generally secures a lower interest rate, or a fixed interest rate. Additionally, the convenience of servicing only one loan often leads individuals to engage in debt consolidation.
Who Is This Right For?
If you’re a hard-working individual who is looking for a second chance, debt consolidation or debt settlement may be what you’re looking for.
Avoid hefty legal fees, pass on the endless paperwork, and reduce your stress by finding the debt professionals who can work with your creditors. These companies represent thousands of borrowers before creditors each year. They have established relationships with credit companies, and because of this, can negotiate repayment rates that you would not be able to on your own.
What's the Catch?
Debt consolidation and settlement may sound too good to be true: why would a creditor reduce a debtor’s debt? What’s in it for them?
These methods help those in debt pay back their creditors, which is something that bankruptcy prevents. So it is in the creditor's interest to renegotiate payments, in order to strengthen their relationships with borrowers.
That’s why debt consolidation and debt settlement have become so prevalent since the 1980s.
Learn More
To find out more about debt consolidation and debt settlement, and to find out if either option may be right for you, request more information today.
Request more info or call, toll-free: 1-866-410-1160
