Do you want to eliminate your credit card debt? There are several ways available nowadays to help you do it. One of these options for bad credit is a consolidation loan to eliminate credit card debt. Whether you want to consolidate credit card debt or other kinds of debt, searching on the internet can help you to find the best ones for your current status.
To help you find what kind of debt services are available online, the following items may assist you to find the most appropriate service for you:
1.If your choice is to look for a bad credit consolidation loan to eliminate credit card debt, then you will need to qualify for it, just like any other loan. If you own property, you may be able to qualify for an equity loan using your property or even go beyond the appraised value of your property so that you can qualify for the financing that you need.
2.An unsecured loan is another option that can help you consolidate your debt. It has one low monthly payment that will not tie any of your properties to the loan.
There are several entities that will offer assistance for you to manage your debt without getting another loan. These entities usually charge you a certain amount as fee and then they will help you in negotiating with your creditors for lower interest rates and help you manage your monthly payments.
There are several ways to accomplish this and every company has its own unique way of doing it. The techniques that these companies employ will save you enough money for you to start paying down the principal on your debt.
Many of these entities are worth the small monthly fee that they charge for their services. They can even save you much more than what they actually charge. However, there are some of these companies who are not legitimate. What they do is take your monthly payments and keep them for a month or sometime more before they make actual payments to your creditors. In effect, they are collecting interest on your money on the side.
This practice will cause you to accrue penalties such as late fees and others. These companies can actually cost you more money and make your situation even worse.
It is best for you to check the company that you intend to work with for your debt consolidation by making sure that they are legitimate and have a track record to present before retaining their services to get a bad credit consolidation loan to eliminate credit card debt.
Debt Free Solutions is a debt consulting company located in Long Beach, CA. We have been in business for 10 years. We assist Americans across the U.S. to eliminate excessive credit card and other unsecured debt.
We utilize various programs and strategies to aid them in dissolving their debt in the quickest, safest, and most efficient method possible. We also analyze the risk factor. We structure our programs to drastically minimize the risk that is inevitable with all debt elimination programs.
We offer our clients much more than a debt settlement company does. The vast majority of debt negotiation companies simply settle your debts on your behalf with your creditors- nothing more.
On the other hand, we provide free services to significantly help to minimize the risks that are involved in negotiating with your creditors.
First, we offer a free, no-risk 10 day trial service. During our free trial, we negotiate with your creditors on your behalf to lower your interest rates. Also, we research to see if you have any old debts that you are not legally liable to repay. If, for any reason, you are not completely satisfied, you simply walk away. No commitments. No contracts.
Next, we provide a comprehensive credit repair service to all our clients. This is a $795 service that is absolutely free!
Also, we offer free attorney consultation (a maximum of five sessions) in case one or more of your creditors makes any threats.
Last, we provide a written guarantee that our clients creditors will settle for an average of 50% or more for all of the debts they attempt to negotiate.