Do you think sending the minimum will take you anywhere?
We can help you reduce your payments by up to 50% Debt Consolidation is not a loan. We work with your creditors to reduce your interest and your monthly payments, that’s how you save money. When you consolidate you only have one low monthly payment.
Our counselors have settled millions of dollars in consumer counseling , paying back their creditors, while saving them thousands of dollars in interest charges. Our program is the solution. We will show you how to control your finances. We can help you end that cycle.
Consolidation??? You might now be wondering about consolidation. “But I owe my creditors thousands of dollars – there can’t be anyone worse off than me!” You’re not alone! Some of our clients consolidate from loans and credit cards with balances as high as $200,000.
Have your bills have reached a point where you are feeling forced into a never ending cycle of incurring more and more credit card payments just to keep your family living from day to day? Also, as all these easy credit card offers arrive in your mailbox, are you beginning to wonder if there is a way that any working person can ever find financial security? All this mounting payments can easily rob you of joy and comfort, you will find that it can overwhelm your family, and can even damage your ability to try and enjoy even the simplest pleasures of life.
Credit Cards are under a revolving credit payment plan. They are designed to keep you in debt, resulting in your paying an extraordinary amount of interest while trying to pay them off. Under these circumstances, most people will end up paying between 15 and 30 or more years. This means they will usually pay out 5 to 6 times what they originally borrowed. By changing from a revolving to a fixed payment plan, along with a lower interest rate, most of the money is applied to your principal balances instead of just paying finance charges each month, reducing your total payout term to 3 to 6 years.
Borrowing money to pay back borrowed money is economic suicide. If you are able to qualify for an unsecured loan to pay off your unsecured bills (most people do not) you are basically borrowing from Peter to pay Paul. If you take out a secured loan such as a home equity or second mortgage, you are attaching your current unsecured bills to something of value such as your home. The average interest rate in the program is 6 to 8 percent, which is usually less than most loans today.