Debt Settlement: A way to pay off the debt quickly
Debt repayment is the biggest issue most of the people are suffering from. The financial issues and inability to maintain the lifestyle make individuals apply for debts. They do not often consider the fact that they might not be able to repay it on time due to which they get stuck.
The increasing interest rate is the reason that makes debt repayment a daunting task. You might be considering having debt consolidation but once your credit score goes bad, every application you submit will be rejected. In this situation, debt settlement is the best solution.
Credence Credit – we negotiate with your collectors to make sure you pay the lowest possible so you can be debt free faster.
When you can apply for debt settlement
Most of the people apply for the unsecured debts but all of them do not qualify for the debt settlement program. Here we have a list that you should check before you decide.
- Unsecured Business Debts
- Leases and auto loans when the vehicle has been repossessed
- Lines of credit or personal loans that are unsecured
- Credit cards of department store
- Bank credit card payments
- Credit cards of a retail store
- Much more
In case you are wondering that what types of debts do not qualify for the debt settlement here are a few.
- Lines of credits and loans that are secured
- Payday loans
- Lease or auto loan when you are the owner of the vehicle
- Tax outstanding
How debt settlement works
The debt settlement program has been managed in such a way that it will help you to get rid of all types credit card debts. The program is perfect for the individuals that have a debt of $10,000 to $50,000. All you have to do is let the experts know your requirements and they will customize the best services for you. All the expert advice and services are available at the most affordable rates.
The debt settlement program is so effective and once you get the approval you will notice that it would only take 3 years or less to get rid of the debt. Including the fee of the specialists, you will be debt-free in no time.
If you are planning to stick to your minimum repayment plan remember that it will take you 58 years if you have $10,000 debts. You might not have this long to live, and it means that your children will have to pay the remaining amount.
The reason is the interest that you have to pay your debt. More you will delay the more amount you will have to pay. So, it is better that you take some serious action today and get rid of this ongoing debt.
Some of the interesting benefits you will get by consolidating your debt are:
We have the highly trained attorneys that know how to deal with such kinds of situation. From the legal paperwork to the acceptance of your application they will take care of every task. All you have to do is wait for the approval and assure that you pay all the installments on time after the debt settlement. For more information and consultancy book your free confidential consultation.