Debt Calculator
Thursday November 21, 2024
Thursday November 21, 2024
Being under heavy debt is very distressing for anyone. Even borrowing a small amount of money and cannot pay it immediately is already a distress. So, imagine if your financials are on the line because of all your outstanding debts that you cannot pay off and you can just manage to make minimum payments every month. And of course, you have other bills to pay as well including personal things that you need to buy for your everyday living. One cannot fail but to think that he/she will just be paying off debts all his/her life. Just know that all hope is not lost. There ARE options. And we provide one of them.
Because there are more and more people suffering such problems, many companies and organizations have started offering services that will help people pay off their debts faster, manage their accounts better and counselling people under heavy debt. Such services are bill consolidation, debt settlement, and consumer credit counselling. What we will be talking about is bill consolidation. It is a very successful way of getting back on track with your financial life.
A bill consolidation service will transfer all your accounts under debt and loan into a single account. By simply consolidating your accounts, it will already help you with managing your accounts better and make payments easier. But the best part of this is paying at a lower interest rate. The main problem with paying credit card bills and mortgages is that they demand a minimum payment plus interest and principal. This is where most of the money goes and there is only little to none left to pay for other bills. That is why getting your creditors to give a lower interest rate is critical! Since you will only be having one account, you will get a lower interest rate as opposed to having several accounts with different interests. Moreover, your consolidator will help you come up with a repayment plan that will work with your earnings and expenditures each month. Your consolidator will also give you advice on budgeting and how to handle your debts. Another advantage is that when creditors know that you are working with a consolidator, they will usually waive off the late payment fees, while interest rates can still be negotiated. Filling out the free quote form for a reputable bill consolidation service will get you back on track with you financial life.
"Thank you guys for helping my family and I out. Your non profit services really helped us focus on getting out of debt."
- Jenny Gage, Vancouver WA