How does Debt Settlement work?

When you're in over your head in high credit card debts, debt relief is available. When you can't afford to pay off your credit card debts in full, credit card companies may agree to forgive or "settle" your credit card debt - forgiving or reducing your credit card debt by up to 50% or more. Especially if you have already fallen behind on payments, and your credit standing is hurting, a debt settlement program may be the best debt relief option for you.

Why would credit card companies agree to settle with you? If they feel there is a possibility that they will collect little or nothing at all if you declare bankruptcy - they are quite willing to consider your financial circumstances and offer you debt relief by accepting only a fraction of what you currently owe.

How does debt settlement compare with debt consolidation or debt management? With debt consolidation you still pay back all the money you owe - you just get relief from much lower interest rates and a lower payment each month. With debt settlement you may pay substantially less than you actually owe because credit card companies often will agree to forgive a high percentage of your debt.

If you have more than $10,000 in credit card debt and want to see how much debt settlement could save you, you can get a free debt relief analysis and savings estimate now.

Benefits and Savings

Debt settlement, also known as debt mediation or negotiation, can help you to erase credit card debt fairly quickly - saving you up to 60% or more of the amount you currently owe. If you have more than $10,000 in credit cards and other unsecured debts, debt settlement could help:

• Erase your credit card debt up to 50% or even more
• Reduce your total amount of debt dramatically
• Provide you with a flexible repayment plan you can afford
• Provide you with a preferred alternative to declaring bankruptcy
• Provide you with a way to be free of credit card debt

How much you save by settling your credit card debt depends on your financial situation, how much credit card debt you currently owe, and the current "forgiveness" policies of your creditors.

To find out how much you could save through debt settlement get your free debt relief analysis and savings quote now.

How do you qualify?

To qualify for debt relief through debt settlement:

• Have a minimum of $10,000 in credit card debt, store cards, unsecured bank loans or personal loans
• Be able to put a minimum amount of money aside each month that can be used to extend a settlement offer to your creditors.

Get your free debt relief analysis and savings quote online or by phone now.

How does Debt Consolidation work?

Debt consolidation, also known as debt management or credit counseling provides debt relief by consolidating, or combining, all your unsecured debts such as credit cards, medical bills, charge cards, utilities, etc. into a single, lower and easier payment. Debt consolidation can help remove stress, stop the calls, save money, and help you become debt free fast.

Debt consolidation may be the best option for you if you currently have more than $2500 in unsecured debts and want to save money by reducing your interest rates and combining all your debts into a single lower payment you can afford. To see what debt consolidation can do for you, get a free debt relief savings quote now.

Benefits and Savings

Debt consolidation allows you to remove stress and save money by combining all your unsecured debts into a single, lower payment each month. You can save a substantial amount of money when credit card companies and other creditors review your situation and agree to offer you the benefits of debt relief by:

• Reduce your interest rates
• Eliminate late fees and penalties
• Stopping the phone calls
• Remove stress
• Get debt relief and save money

How much you save by consolidating your debts depends on your financial situation how much you currently owe, what your interest rates are, and how just how quickly you become debt free.

To find out how much you could save through debt consolidation, get your free debt relief analysis and savings quote now.

For your convenience, you can get your free debt relief analysis and savings estimate online. You may simply estimate your bills, or your account balances can automatically be retrieved for you instantly.

How do you qualify?

You qualify for debt relief through debt consolidation if you:

• Have a minimum of $2500 in unsecured debts such as credit cards, medical bills, store charge cards, utilities, etc.
• Are able to make a consistent minimum payment each month in order to ensure that your lower interest rates and other money-saving benefits continue.
• Are able to stop taking on additional debt while you are on the program

Debt consolidation through debt management saves money by reducing your interest rates, eliminating late fees - while reducing your current monthly payments, often up to 57%. Get your free debt relief analysis and savings quote online or by phone now.