Debt Consolidation

If you are struggling with high interest rates or you are having consistent problems paying your debts on time and see yourself falling deeper in debt with each passing month, you may be a candidate for debt consolidation.

What is Debt Consolidation?
Debt Consolidation means that you hire a professional company to consolidate ALL your monthly bills into one single monthly payment so that you have a new lower interest rate. The debt consolidator is in contact with your creditors, so you may no longer receive collection phone calls. If you are delinquent on your payments, the creditors will usually bring your accounts back to a current status through this program.

What will Debt Consolidation Cost?
Debt consolidators are paid for their services in two ways. They will usually collect a monthly fee from you and they also can receive a fee from the creditors.

Why would a creditor (the credit card company) be willing to lower your rate and ease your payment terms?
Creditors are often willing to pay debt consolidators because they know that debtors who use debt consolidators have a lower rate of bankruptcy than those who don't. Creditors are often willing to set easier terms for individuals in debt trouble because they don't want them to declare bankruptcy. Once that happens the creditors lose everything. If you are in debt trouble, the advantages of having a lower payment rate and only a single bill to pay will help you maintain on-time, consistent payments and may help improve your overall credit rating.

Are You a Candidate for Debt Consolidation?
If you are:
   -Having trouble making your payments
   -Feel overwhelmed by your ability to get out of debt
   -Find yourself falling further into debt despite making monthly payments
A Debt Consolidator may make sense for you. If you decide that a debt consolidator is a reasonable alternative for you, here is a list of helpful hints to make sure you find the right one: Check for consumer complaints with your local attorney general's office and the Better Business Bureau. Ask for testimonials from satisfied customers who have used the service. There's no cost or obligation.

To find out more about this or any of the other alternative solutions, please complete this simple form. Or call toll free Monday thru Friday 12pm to 6pm EST at (800) 583-2043 .