Debt Reduction Programs

  

  Debt Reduction Programs Frequently Asked Questions

What kind of debt can I settle...

We can help settle unsecured debts such as credit card debt, department cards, loans to major creditors, judgments, medical loans, collections, IRS, repos, and past due utilities.

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What do I have to do to qualify...

Its simple, you must have a combined total bills of over $5,000.00, more than one unsecured debtors you owe this too, a resident of the U.S, and that's it you qualify. It's that easy, now you can fill out our form below of a free debt settlement quote.

What exactly is debt settlement...

debt settlement is the process by which we negotiate with your debtors to obtain better repayment terms for you on existing debt. Under our debt relief plan, monthly payments are often lowered and interest charges are reduced - even to levels between 0 and 5%! You save thousands of dollars in interest rates through a reduced payoff period, saving you years or even decades of payments.

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Why would the creditors be willing to lower my payments...

debtors are willing to participate in debt relief hoping that they can avoid the expense of turning the accounts over to a collection agency. Agreeing to settle also lessens the likelihood of the client declaring bankruptcy.

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Will you contact my employer or report to the credit bureaus...

No. We will not contact your employer or report to the credit bureaus. A free debt reduction quote has no obligations and no credit check.

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how much are the fees...

Our credit couseling firm does require a nominal contribution on your part to enroll in the debt consolidation service. This nominal fee covers operation costs and will be included in your monthly payment. Our fee is lower than other credit counseling agency.

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Can I still use my credit card...

You cannot use any credit cards that are put in the debt consolidation service and we will be happy to explain all the details and what's expected from you by your creditors in our free consultation.

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How do i get started...

All you need to do is to fill out our form below for a free debt settlement quote, we will do the rest for you at no obligation and of course completely confidential.

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Will debt negotiation hurt my credit...

We do not report to the credit bureaus. Given time, if you are in collections or over due on payments our service will improve your over all credit score.

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How will I know when payments are made on your program...

Each month you will still receive a statement through the mail indicating when a payment has been made. Or, simply login to our main site 24/7 and view your account status.

 

Still have questions, email or chat live with us!
 
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Debt Reduction Services blog

Think tank urges central bank to keep interest rates low

01/17/11 9:43 am

Influential think tank, the Ernst & Young Item Club, is urging the Bank of England not to be pressurised into lifting UK interest rates as it could threaten the economic recovery. Interest rates have been at the historic low of 0.5% since March 2009 – when the economy was in the midst of recession. Despite [...]

Chinese house prices continue to edge higher

01/17/11 9:43 am

China’s property prices rose for the fourth consecutive month in December, albeit at a slower pace. According to the National Bureau of Statistics, prices rose 0.3% in December, taking the annual rate to 6.4% – although this is half of the peak reached in April 2010 – when prices surged 12.8%. However, prices have remained [...]

Coalition to encourage shared maternity leave

01/17/11 9:43 am

Deputy Prime Minister Nick Clegg will today outline proposals which will encourage fathers to take parental leave. Mr Clegg described the current system as “Edwardian” and, as a result, the coalition Government will consult on a “proper” system of shared parental leave to be introduced in 2015. Currently, men are entitled to take two weeks [...]

Euro zone ministers to discuss raising rescue fund

01/17/11 9:43 am

A meeting of euro zone finance ministers will take place today to discuss enlarging the effective capacity of the European Financial Stability Facility (EFSF). The move comes after speculation mounts that weaker euro zone nations will need to tap the facility for emergency funds. Portugal and Spain are both under scrutiny and face pressure to [...]

UK producer prices rise higher than forecast

01/15/11 7:10 pm

The Office for National Statistics (ONS) today revealed producer output prices increased 0.5% in November on the month, after October’s 0.4%. The forecast was for a rise of 0.4% and takes the annual rate to 4.2%. According to RBS economist Ross Walker, it will make “uncomfortable” reading for the Bank of England and will raise [...]

Fresnillo leads miners, FTSE 100 lower

01/15/11 7:10 pm

European equities markets were mixed Friday, with some declines coming on concerns about new moves by China to rein in inflation, a new survey showing US consumer sentiment down, and on data which said that inflation in Germany grew at its fastest pace in over two years in December. The FTSE 100 was down 0.36 [...]

CML: Mortgage lending remained subdued in November

01/15/11 7:10 pm

The Council of Mortgage Lenders (CML) has today reported mortgage lending remained weak in November. However, the month is traditionally a quiet one as prospective buyers opt to wait until the New Year to purchase a home. The number of loans approved for those buying a new home remained flat at 44,000 during the month [...]

US retail sales rise in December

01/15/11 7:10 pm

The Commerce Department has revealed US retail sales grew for the sixth consecutive month in December. Sales grew by 0.6% on the month – although this was less than the 0.8% expected by analysts. December’s increase was less than in the previous two months, as retailers started their sales early, while parts of the country [...]

Portugal succeeds in raising Ă‚ÂŁ1 billion in bond sale

01/13/11 4:51 am

Portugal has today raised Ă‚ÂŁ1 billion via the sale of bonds, although analysts say this does not mark the end of the country’s problems. Portugal was successful in borrowing €1.25 billion via a bond auction but fears remain that the debt-ridden country may still require an emergency bailout from the EU – something which Prime [...]

Barratt homebuying scheme allows parents to borrow on behalf of kids

01/13/11 4:51 am

Barratt Developments has announced a tie-up with Hitachi Capital (UK) that will allow parents to borrow money to help their children onto the property ladder. The developer claims the scheme is unique in the market, having been specifically designed to address current mortgage restrictions on loan-to-value ratios. Barratt sold 4,832 homes during the second half [...]