consumer credit counseling - consumer credit counseling services

Debt Consolidation, your best choice

Debt Consolidation, commonly referred to as Debt Settlement or Debt Elimination, is a service that more and more people are leaning toward as they fall deeper and deeper into debt. Americans are drowning in debt like never before in our nation's history. This is no surprise given the following facts:

• The average balance on a credit card is $7,000.
• The average household has 10 credit cards.
• Almost half the households in America report having difficulty paying their minimum monthly debt payments.

Debt Settlement is considered a specialty service, or a hardship service, which is mostly offered to people who "fall out" of a debt consolidation program, can't make the minimum payment of a debt consolidation program, or have large outstanding debts on which they haven't paid in the past 3 or more months. The main benefit of a Debt Consolidation service is that our clients usually only pay around 50%, and in our case we can even get you to save up to 70%* of the amount you owe to your creditors.

Once you sign up for our Debt Consolidation Program you stop making payments to your creditors (if you were making payments), or if you have a lump sum (any total of money available), we contact your creditors from day one and negotiate settlements as quickly as possible. It generally takes from 3 to 6 or sometimes more months of delinquency on your accounts to maximize the savings on your accounts, and while we want to get the settlements done as quickly as possible for you, we also want to save you as much money as possible.

(*) While settlements can be above or below the average, most settlements we see daily are on the range of paying back to your creditors 30 to 50 cents on the dollar, or as we say, save up to 70%