Having debt can limit your life so much, and feel like such an incredible burden. On top of all that, the more debt you have, the more debt you seem to accrue over time. Here are just a few reasons why so many Americans find themselves too deep in debt to ever get out. If any of the following applies to you, contact us for a consultation today, and work to help you get out of debt.
- Paying the Minimum on Credit Cards
Credit cards can be a great tool for spending money while allowing your savings to accrue interest. However, if you rack up more charges than you can actually afford by the end of the month, it’s easy to fall into a spiral of paying off the minimum on your statement and letting the debt pile up. Our debt settlement program is intended to get clients back on track and have them establish budgets as part of the program process.
- Saving Money is Impossible
If the idea of setting money aside from each paycheck seems not only improbable, but impossible, you’re in good company. Many Americans are struggling from month to month and unable to contribute even a small amount to a savings account or emergency fund. Your counselor can help set up a special savings account that will take the work out of it for you. We can also help negotiate your total debt down to a fraction of the original sum
- Late Fees Keep Building Up
With loans and credit card debts, the longer you leave them unpaid, the more they end up costing you in the end. We can help negotiate a deal that takes these fees into account when settling your debts.
- You Keep Borrowing Money
Whether you’re applying for new loans to pay bills, mortgage, or whatever else, borrowing money is probably digging you deeper in debt. We work to assist you curtail spending and unnecessary borrowing, as part of our program which seeks to settle your debt down to a reasonable, payable figure.
Disclaimer: INDIVIDUAL RESULTS MAY VARY BASED ON ABILITY TO SAVE FUNDS AND COMPLETION OF ALL PROGRAM TERMS. PROGRAM DOES NOT ASSUME OR PAY ANY DEBTS, NOR PROVIDE TAX OR LEGAL ADVICE. CONSULT WITH YOUR PROFESSIONAL ADVISORS AS NECESSARY. PROGRAM NOT AVAILABLE IN ALL STATES, PLEASE REQUEST, READ AND UNDERSTAND ALL PROGRAM TERMS PRIOR TO ENROLLMENT. IMPORTANTLY, EACH PROGRAM OPTION HAS ITS OWN PROS AND CONS. DEBT SETTLEMENT PROGRAMS LIKE BANKRUTCY WILL NEGATIVELY IMPACT CREDIT SCORE. CREDIT COUNSELING PROGRAMS ARE OFTEN LESS AGGRESSIVE AND FOCUS ON FULL PRINCIPAL REPAYMENT IN CONJUNCTION WITH CREDITOR AGREEMENTS. FAILURE TO TIMELY PAY DEBT MAY RESULT IN A DECREASE IN CREDITWORTHINESS AND INCREASE IN DEBT OWED DUE TO INTEREST AND FEES.