Are you neck deep in debt and looking for a way out? Have you been getting phones calls and threatening mails regularly as creditors harass you to pay off your debt? Are you tired of the sleepless nights that come with having a lot of obligations that you cannot meet?
If you have been searching the Internet for information about consolidated credit companies, the chances of you being in debt trouble (or at least someone you’d like to help) is very high.
Statistics show that by the 2nd quarter of 2012, the average US household has more than $15,500 worth of debt – and that is on credit cards alone. This is not as high as the previous years thanks to the recovering economy of the US. However, it is still a huge amount to be burdened with. This figure does not even include mortgage and student loans. That goes to show just how everyone is riddled in debt, one way or the other.
Benefits of Enlisting Help for Consolidated Credit
If you are having trouble keeping up with your debts, you need to enlist the help of a professional to get you through it. You have proven that you cannot handle your finances properly – otherwise you wouldn’t be in this dire financial condition.
Regardless of who is at fault, the bottom line is this: consolidated credit companies will help relieve you of your debt woes through careful planning. The difficulty lies not in the determination to pay off the loans. It is more in monitoring all your debts and keeping your spending to a minimum so you have more funds for your payments and other obligations. That is where the expertise of professionals can provide assistance.
The key to surviving your mounting debt is to come up with a plan that your budget can handle and having the discipline to follow through. Believe it or not, a lot of people came into huge debts because they simply did not have a financial plan after taking on a loan. People have no idea how to do this. Well it is fairly simple and a financial expert can assist you in identifying just how much you can afford to pay off every month – both revolving and non-revolving debts.
Another area where a consolidated credit company can assist is dealing with your creditors. Truth be told, not every service includes this in the package but it wouldn’t hurt to inquire about it. What will happen is they will negotiate on your behalf to arrive at a monthly payment that you can afford. NationalDebtRelief.com is a debt settlement company that can help you lower your debt.
How Consolidated Credit Companies Work
These companies work with different methods but they have one goal in mind – to help you settle your debts and pay them off. In NationalDebtRelief.com, your partnership will begin with an initial discussion of your current financial woes. You will be given a free diagnosis of your current situation. You will then be given a quote of the service fee that you will have to pay for the expert that will be working with you.
When you have an agreement and you have decided to push through with the this partnership, you will begin to create a detailed plan that will ultimately help you conquer your debts. Instead of paying various bills that total to a staggering amount, you will be making one low monthly payment that will be placed in an FDIC insured trust account. We will work with you and negotiate with your creditors to arrive at a settlement that is much lower than your original balance. Once an agreement has been reached, we will use the fund you have been placing in your account to pay your debt settlement.
Of course, these efforts will only work if you put a tight rein on your spending habits. It goes hand in hand so you can finally be free of your financial problems and hopefully, you can have a better credit standing for your future spending.
Give us a call so we can discuss how you can work on your debts one by one.