Debt Consolidation
Getting Out of Debt | Debt Elimination | Debt Consolidation | Debt Settlement | Credit Counseling
What is Debt Consolidation?
Debt consolidation loans can be helpful to consumers with debt. A debt consolidation loan is an easy way to gather all unsecured debts into one easy to manage debt. Debtors can get lower interest rates that will help lower their monthly payments.
Unfortunately, consumers can end up paying more money over a longer time frame if the consolidation loan is not properly handled. Also, a late payment may increase the interest rate.
Read my story below (and check out the images for proof) to see how you can get out of debt without filing bankruptcy.
How We Got In Debt
As a realtor my income always fluctuated. Sure, I would have a few months with little if any pay, but it seemed that my next paycheck was just around the corner as soon as I wrapped up the next sale.
It wasn't until the market dried up last year that my job really hurt us. We were used to using our credit cards to make ends meet. We would just pay them off when I got my next big commission check. This time that check never came. I hadn't sold a home for 9 months and we were over $44,000 in debt and could no longer afford to make the minimum payments...
What We Did About It
With the new laws we knew that filing bankruptcy wasn't an option for us. A friend suggested we contact Debt Help 101, a debt negotiation firm. So, we filled out the form for a free consultation and signed up right away. Debt Help 101 negotiated with our creditors on our terms. They saved us over $33,000 and from filing bankruptcy. I have included copies of the letters I received from the negotiation process.
Bank of America Settlement
Capital One Settlement
Discover Settlement
Visit Debt Help 101 Now for More Info
Conclusion
We avoided bankruptcy and saved over $33,000 with the help of Debt Help 101. Life is so different now that we are out of debt. Once again, we have a firm handle on our finances.
What Others Are Saying
"When I was almost done with the program it was a feeling of... light at the end of the tunnel."
Matt - LA, California
4 accounts settled 11 months
Saved $7,331.31
"I know that Debt Help 101 has helped me learn how to be wiser, how to spend my money."
Mark & Erin - Philadelphia, PA
10 accounts settled 14 months
Saved $32,085.45
What To Do Now
Head on over to Debt Help 101 for a free, no obligation Debt Consultation.
