CREDIT COUNSELING

Our credit counseling network consists of reputable organizations that work directly with your creditors to create the ideal repayment plan for you. Through years of respectable business practices and solid  on going  partnerships with creditors , Its been proven that many benefits can be derived from this program:

• Reduction in minimum payments,
• Consolidation of multiple payments into one simple payment
• Reduced interest rates
• Elimination of late fees and over the limit fees
• Re-aging of past due accounts (bringing accounts to current status with creditor)

Program steps:

1.    Your specialized counselor will review your budget information and suggest one of our debt management programs. While most debt management companies only offer one option, we lead the industry with multiple solutions designed for your individual needs.

2.    After deciding which program is most beneficial, you will decide when you will be making your first payment. You will have one easy date that will be your payment date every month. There will be no more different due dates to remember or budget for.

3.    After your decision to enroll in the credit counseling program, we will contact your creditors and negotiate with them to lower your monthly payments and reduce your interest rates. You then simply send one reduced monthly payment which is then distributed to your creditors on your behalf. You will still receive monthly statements, so you will be able to see your balances dropping. You will be assigned a personal account specialist to deal with any questions or situations that may arise.

4.    Simply keep making your monthly payments on time and you will be on the road to a better credit rating and the ability to see your accounts paid off.

Results:
As a result of the work we do on your behalf and the benefits we achieve for you, you will be able to pay off your debt in much less time than you can do on your own.

An average client maintains a $10,000 debt with an 18.5% interest rate. Without the debt management program, by paying the minimum payment, it would take 32 years and $24,500 to pay off the original debt. With the debt management program you may be able to pay the same debt off in 4-5 years.

How? Interest rate reductions, consistent on-time payments, and reduced late charges work together to effectively shrink the total balance owed. Prior to enrolling in the program, a majority of your payments go towards interest and late fees. Many times nothing is applied to principal. By reducing the interest and late fees more of your hard earned money is applied to the balance: therefore, paying the debt off in a lot less time.