What is Debt Consolidation?
Debt consolidation is a financial strategy of merging your bills into one single bill with a lower interest rate. We highly recommend debt consolidation if you are in a binding high-interest rate loan, for example, your credit cards. We can help you with your debt consolidation by either signing you up for a new loan with a lower interest rate to reduce monthly payments or sign you up with a debt management program and negotiate on your behalf with creditors.
1
Hour
Consultation
Trillion
$22.7
U.S. Debt
$8
Million
Debt Settled
1
Call is all it
Takes
Which one is right for me?
This will vary based on personal circumstances. The conventional way of consolidating your debt and taking out one large loan to eliminate all unsecured debt is a good option if you are provided a low interest rate. This will be dependent on your credit score and what you may qualify for. If the interest rate isn’t lower than your current ones, this wouldn’t be the route recommended.
Debt Management is a great avenue to allow us on your behalf to negotiate with the credit card companies to reduce your interest overall and monthly payments. Your new monthly payments will now be sent to us and we will distribute the payment amongst the creditors in the amount agreed and signed upon. This process is longer than the conventional debt consolidation route due to no additional loans will be taken out.