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What our Users say about us?

“After going through a terrible car accident, and then a nasty divorce, I was struggling to pay my bills each month. I made my credit card payments on time, and just paid the.....more

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“I consider myself to be very fortunate in finding out about your company and the possibility of debt consolidation. Up until recently, I was having a real hard time making ends meet every month. .....more

Fortunately There’s A Better Way To Managing Credit Card Debts

Let’s look at how Catherine managed her mounting debts and came out with élan using debt consolidation help

Catherine had a total debt of $11, 500 and she was three months behind on her bills, with the creditors calling nonstop. The calls created havoc in the house with even her 6 year old son asking her why these people keep calling , are they monsters , why do you ask Timothy to lie and say “My mom is out” when you are just sitting there. And she did not want to set bad moral lessons for her children. She had always said “one should not lie”

She could no longer meet the minimum payments on her three creditors. The creditors wanted a minimum payment of $700 she thought of taking up weekend job but then who would take the kids to their hobby centre and then Timothy was doing so well in the school football team. If they pay the creditors the minimum then how would they manage to run the house since Jim is still not found a job?

Her credit report was showing that she was 90-days late and her average interest rate with her three cards was touching 22%. At that pace it would take almost a decade to get out of debt, she thought!

Once she got started into a nonprofit debt consolidation program her interest rates reduced and she was expected to get out of debt in 16 months instead of 34 months. The creditors stopped calling and her credit report would get re-aged after she makes three consecutive payments in the program.

	Without consolidation	With consolidation
Time	34 months	16 months
Principal paid:	$11,500	$11,500
Interest paid:	$2,170	$800
Fees paid:	$105	$200
Tax savings:	$0	$224
Total cost:	$13,775	$12,276
Monthly payment	$408	$800

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