Finding yourself deep in debt can be very stressful. Whether its caused by medical bills, a failing business venture or even enormous legal bills, debt can find a way to cause you to lose sleep. Our two primary solutions to getting out of debt are tailored to fit your financial needs. Maybe you want to do it all on your own until you realize just how many years you have been paying on a debt to see the balance remain the same.
What you need is lowered interest rates to help you pay off this debt. Or perhaps you need a settlement because you feel you will never pay off this enormous debt. You need solid advice that makes sense in a world where it seems like the sky is falling. Our Debt Management Program can help you do exactly that.
Debt management or debt settlement may sometimes get a bad name due to unscrupulous salespeople that don't concede all the facts upfront. This is typical in any industry so you should always educate yourself before making a decision.
Debt Settlement does have a negative impact upon your credit score from stopping regular payments to your creditors, however the people we recommend for debt settlement are already behind on their payments, and have already harmed their credit score. Since 35% of your credit score is based upon your payment history of making payments on time, that is how it is damaged.
However, 30% of your credit score is based upon your debt to income. When your debt is very high, especially across several credit accounts, it is no wonder that you are considered a higher risk and that reduces your credit score. Reducing your debt in 4 years or less through debt settlement is the key to taking the appropriate steps to financial independence, and repairing your credit once again.
For a no cost, no obligation quote on your financial situation, contact us now.
| Ranking (s) | Debt Management Programs | Benefits Of The Program | How To Be Debt Free | |
|---|---|---|---|---|
| 1 | Debt Settlement ![]() Debt Settlement -Reduce your debt by 60% |
Lower your monthly payments by settling your balance for as low as 38% of your original debt. Must be credit cards, personal loans, collections, and medical bills. No credit union accounts are allowed. | A Better Alternative to Bankruptcy -Cheaper and Better On Your Credit Report |
Debt Settlement Review Rating: 97% Review Debt Settlement |
| 2 | Debt Management Credit Program (DMP) ![]() Editor's Debt Management Choice |
This option allows you to pay back your unsecured debt at lower interest rates. Regardless of your credit score, these interest rates are pre-negotiated rates, some as low as 5.9% fixed depending upon the banking institution you are with. | Lower those interest rates and pay that debt off without harming your credit score! | Debt Management Credit Review Host Rating: 97% Review DMP |
Disclaimer: Always consult with one of our account managers regarding your financial scenario to fit the best situation for your financial needs
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