Credit Counseling
Credit Counseling All Services Bad Credit Bankruptcy Bankruptcy Alternatives Credit Counseling Debt Calculator Debt Consolidation Debt Relief Debt Settlement Debt Settlement Scams Do-It-Yourself Debt Settlement Shopping Debt Settlement Get debt relief today! Call now for a free, no obligation analysis (866) 601-7857 Contact US Frederick, MD 21704 (866) 601-7857 info@debtrx.com Credit Counseling is the way to go! The best thing for you to do to keep good credit is to pay your bills on time, in full, and on your own. If you need a little assistance, without seriously damaging your credit, Credit Counseling is the way to go.However if you cannot afford Credit Counseling payments, it will not work for you. Call or apply for a payment quote. If you have certain debts (such as certain collections, legal accounts, charge offs, medical bills, etc.) Credit Counseling does not offer any benefits (such as reduced interest, stop late and over limit fees, etc.) and therefore will not work for you. If Credit Counseling is not right for you, you would need to look at Debt Settlement.Credit counseling is a process offering education to consumers about how to avoid creating debts that cannot be repaid. It often involves negotiating with creditors to establish a debt management plan for the individual. A debt management plan may help the debtor repay his or her debt by working out a repayment plan with the creditor. Debt management plans, set up by credit counselors, usually offer reduced payments, fees and interest rates to the client. Under a reputable Consumer Credit Counseling (CCC) program, your creditors may be willing to reduce your interest rates and waive over-limit or late fees. You will make one payment each month to the counseling firm, and they in turn distribute the funds to the creditors. In addition to making the monthly payment against your debt, credit counseling companies generally require upfront fees and regular monthly fees. CCC companies work for the creditor. They are paid a commission of up to 15% of what they recover from you. CCC companies do not reduce the total debt you owe, but simply allow you to combine your total monthly payments in to one payment, which is often higher than your regular monthly minimums. CCC companies project a 4-6 year period for repayment of debts, but often this ends up being longer because individuals are unable to sustain the higher monthly payments and are dropped from the program, making it necessary to start over again with only a slightly lower balance. Approximately 65 – 70% of the people who enter a CCC program are unsuccessful and fall off before the program is complete. CCC programs also affect your credit report. When you are accepted into a CCC program your creditors will close your accounts and report this to the credit bureaus. Additionally, nearly all creditors will report to the credit bureaus that you have entered into a “hardship” program and need help. Although this is far less damaging than bankruptcy, it definitely does impact your credit rating. You may also fall delinquent for a short period at enrollment, which will have a negative effect on your credit score, and if you decide to leave a CCC program before you have finished the program, your failure to complete the process can be listed as a negative listing on your credit report. Just the simple fact that you resorted to a debt counseling program will be a red flag for prospective credit grantors. A CCC program may be effective for people who want get out of debt and can afford to make slightly higher monthly payments relatively comfortably for the next 3 to 5 years. If you can continue to pay the higher monthly payments and do not foresee future financial problems, this is an okay way to go. If you are currently struggling to make minimum monthly payments, it is unlikely you will succeed using this method. Contact DebtRX today to find out which debt management option is right for you! Call now for a free, no obligation analysis 1-866-601-7857 Debt Settlement Strategies Experienced Debt Settlement Debt Negotiation Regain control of your finances and obtain one low program payment. Our team of debt negotiators has settled millions of dollars of unsecured debt. Years of experience in the consumer credit and debt settlement and debt negotiation industry. Analyze Your Credit How does “Debt Settlement” or “Debt Negotiation” work? Debt Settlement Debt Negotiation works by negotiating the balance owed on your unsecured debt so the amount paid is less than owed. We design an affordable monthly savings plan and your savings are used to obtain a deal from your creditors. Will I continue to get calls and collection letters from creditors? Most likely, yes. Any time you are behind, with or without a program, you will receive calls. However, many creditors are accommodating. Additionally, calls may reduce after the original creditor receives a detailed hardship letter from you. Will debt settlement debt negotiation affect my credit? Debt Settlement or Debt Negotiations effect on your credit score will depend on your current credit status before starting any settlement program. Very few people with debt problems have perfect credit and debt settlement is meant to be a hardship program. About Our Company We are the Debt Rx and are one of the longest operating Debt Settlement and Debt Negotiation firms in America. We are not the largest, because our focus has been more on personal attention and service of existing clients than that of enrolling new ones.
Debt Consolidation
Debt Consolidation All Services Bad Credit Bankruptcy Bankruptcy Alternatives Credit Counseling Debt Calculator Debt Consolidation Debt Relief Debt Settlement Debt Settlement Scams Do-It-Yourself Debt Settlement Shopping Debt Settlement Get debt relief today! Call now for a free, no obligation analysis (866) 601-7857 Contact US Frederick, MD 21704 (866) 601-7857 info@debtrx.com Get debt relief today! Debt Consolidation is the idea of taking out one larger loan to pay off the many smaller debts you may have so that you only have to make one larger payment each month rather than keeping track of a dozen different smaller bills. The idea is to replace the multiple loans with a single loan, often with a lower monthly payment and a longer repayment period. Debt consolidation programs often offer consumers a lower overall interest rate and a larger tax break. These loans may also provide certain tax advantages that are not available with other kinds of credit. Don’t forget, however, that usually you are getting your consolidation loan through a second mortgage or a home equity line of credit. These loans require you to put up your home as collateral, which means that if you can’t make the payments –- or if your payments are late –- you could lose your home. There are several factors to consider before getting a debt consolidation loan. In addition to interest on the loan, you may also have to pay “points,” with one point equal to one percent of the amount you borrow. By consolidating your unsecured debt with a home equity loan, you run the risk of losing your hard earned assets if you default on your payments, you will still pay the full balances on your unsecured debt, and you must also have a low debt-to-income ratio to qualify. Contact DebtRX today to find out which debt management option is right for you! Call now for a free, no obligation analysis 1-866-601-7857 Debt Settlement Strategies Experienced Debt Settlement Debt Negotiation Regain control of your finances and obtain one low program payment. Our team of debt negotiators has settled millions of dollars of unsecured debt. Years of experience in the consumer credit and debt settlement and debt negotiation industry. Analyze Your Credit How does “Debt Settlement” or “Debt Negotiation” work? Debt Settlement Debt Negotiation works by negotiating the balance owed on your unsecured debt so the amount paid is less than owed. We design an affordable monthly savings plan and your savings are used to obtain a deal from your creditors. Will I continue to get calls and collection letters from creditors? Most likely, yes. Any time you are behind, with or without a program, you will receive calls. However, many creditors are accommodating. Additionally, calls may reduce after the original creditor receives a detailed hardship letter from you. Will debt settlement debt negotiation affect my credit? Debt Settlement or Debt Negotiations effect on your credit score will depend on your current credit status before starting any settlement program. Very few people with debt problems have perfect credit and debt settlement is meant to be a hardship program. About Our Company We are the Debt Rx and are one of the longest operating Debt Settlement and Debt Negotiation firms in America. We are not the largest, because our focus has been more on personal attention and service of existing clients than that of enrolling new ones.
Debt Settlement
Debt Settlement All Services Bad Credit Bankruptcy Bankruptcy Alternatives Credit Counseling Debt Calculator Debt Consolidation Debt Relief Debt Settlement Debt Settlement Scams Do-It-Yourself Debt Settlement Shopping Debt Settlement Get debt relief today! Call now for a free, no obligation analysis (866) 601-7857 Contact US Frederick, MD 21704 (866) 601-7857 info@debtrx.com Debt settlement is the fastest and least expensive option to get out of debt. Many people under significant financial strain are unable to pay their bills and find themselves faced with the prospect of bankruptcy. Bankruptcy is not the only option though. Debt settlement allows you to negotiate with your creditors to reduce the total amount of unsecured debt that you owe so that you can eliminate your debts without having to declare bankruptcy. Debt settlement is the fastest and least expensive option to get out of debt for people experiencing serious financial strain without filing bankruptcy. Debt settlement provides an effective means of resolving outstanding debt by reducing your total debts and allowing you to become debt free within a realistic time frame. Debt settlement is a process in which people in debt and their creditors negotiate a settlement of an existing debt for a lower amount than the balance of the debt owed. If a debtor is under a financial hardship, creditors are usually willing to settle a debt owed because if the debtor is forced to file bankruptcy, then the creditor generally receives nothing. Debt settlement companies negotiate with the creditors on behalf of the client to settle for an amount less than the balance owed. The debtor then makes a settlement payment for the agreed upon amount. Once the debt has been paid in full on the settled amount, the creditor will send a letter stating that the debt obligation was fulfilled, and will report to the credit bureaus that the debt has been “Paid”, “Settled”, or “Settled for less than full amount.” As each account is settled, that debt is eliminated and gone forever. See what Mastercard says about Debt Settlement. Read the article. Contact DebtRX now to begin the process of debt settlement and start becoming debt free today! Call now for a free, no obligation analysis 1-866-601-7857 or Start online now! Debt Settlement Strategies Experienced Debt Settlement Debt Negotiation Regain control of your finances and obtain one low program payment. Our team of debt negotiators has settled millions of dollars of unsecured debt. Years of experience in the consumer credit and debt settlement and debt negotiation industry. Analyze Your Credit How does “Debt Settlement” or “Debt Negotiation” work? Debt Settlement Debt Negotiation works by negotiating the balance owed on your unsecured debt so the amount paid is less than owed. We design an affordable monthly savings plan and your savings are used to obtain a deal from your creditors. Will I continue to get calls and collection letters from creditors? Most likely, yes. Any time you are behind, with or without a program, you will receive calls. However, many creditors are accommodating. Additionally, calls may reduce after the original creditor receives a detailed hardship letter from you. Will debt settlement debt negotiation affect my credit? Debt Settlement or Debt Negotiations effect on your credit score will depend on your current credit status before starting any settlement program. Very few people with debt problems have perfect credit and debt settlement is meant to be a hardship program. About Our Company We are the Debt Rx and are one of the longest operating Debt Settlement and Debt Negotiation firms in America. We are not the largest, because our focus has been more on personal attention and service of existing clients than that of enrolling new ones.
Debt Relief
Debt Relief All Services Bad Credit Bankruptcy Bankruptcy Alternatives Credit Counseling Debt Calculator Debt Consolidation Debt Relief Debt Settlement Debt Settlement Scams Do-It-Yourself Debt Settlement Shopping Debt Settlement Get debt relief today! Call now for a free, no obligation analysis (866) 601-7857 Contact US Frederick, MD 21704 (866) 601-7857 info@debtrx.com Get debt relief today! Debt is a common part of life in today’s society. Some debt is necessary, like a home loan, a car loan and student loans. But even though these debts are necessary, they still contribute to your overall debt. The power to buy now and pay later has resulted in millions of people floundering in debt they don’t know how to pay. Struggling to make payments can cause your credit rating to decrease which in turn can raise interest rates. You end up taking out even more loans to pay off your already existing bills. Before you know it, your debt has become self sustaining and is making life absolutely miserable. There are many different options for debt reduction, and DebtRX can help you find the best debt solution option for your specific financial situation. DebtRX is primarily a debt settlement company, but we will discuss your other debt management options. If debt settlement is not the right option for you, we will help you find the option that is. DebtRX can review and present the benefits of: • Debt Settlement• Reducing Payments• Credit Counseling• Private Financing• Refinancing• Bankruptcy• Corporate Workout• Home Rescue• Consolidation Loans Being in debt can feel like you are sinking with no easy way out, but there is hope and there are solutions. DebtRX will help you find the option that is best for you. We can save you time and money, and help you to regain your financial freedom. Call now for a free, no obligation analysis 1-866-601-7857 or Start online now! Debt Settlement Strategies Experienced Debt Settlement Debt Negotiation Regain control of your finances and obtain one low program payment. Our team of debt negotiators has settled millions of dollars of unsecured debt. Years of experience in the consumer credit and debt settlement and debt negotiation industry. Analyze Your Credit How does “Debt Settlement” or “Debt Negotiation” work? Debt Settlement Debt Negotiation works by negotiating the balance owed on your unsecured debt so the amount paid is less than owed. We design an affordable monthly savings plan and your savings are used to obtain a deal from your creditors. Will I continue to get calls and collection letters from creditors? Most likely, yes. Any time you are behind, with or without a program, you will receive calls. However, many creditors are accommodating. Additionally, calls may reduce after the original creditor receives a detailed hardship letter from you. Will debt settlement debt negotiation affect my credit? Debt Settlement or Debt Negotiations effect on your credit score will depend on your current credit status before starting any settlement program. Very few people with debt problems have perfect credit and debt settlement is meant to be a hardship program. About Our Company We are the Debt Rx and are one of the longest operating Debt Settlement and Debt Negotiation firms in America. We are not the largest, because our focus has been more on personal attention and service of existing clients than that of enrolling new ones.
