Debt Consolidation FAQs

1. How long does it take to pay off my credit card debts after debt consolidation?
Most people are able to get out of debt in 3 to 5 years after the interest rates on their debts have been reduced under a debt management plan.

Debt Consolidation Process

As a Debt Management Service we work directly with your creditors to:

• Reduce or eliminate your interest rates.

• Reduce your monthly payment up to 50%.

• Consolidate all of your un-secure debt into one simple monthly payment.

• Significantly reduce the overall number of years it takes to payoff your debt.

One of the most common questions is HOW WE DO IT?

1) After filling out your online application (financial analysis form) you will receive a call from one of our Debt Management Specialists (within 48hrs) to review your credit information and to assist you with a repayment plan.

2) Should you then decide to enroll in our program, you & your Specialist will determine a date that you would conveniently like to make your monthly payments.

3) Once your first payment is received your account representative will then contact your creditors to notify them of your enrollment in our debt management program.

4) Within 3 Business days your Account Representative will mail out letters of proposal to each individual creditor to discuss the terms of renegotiation.

5) Your creditor will then review the letter of proposal and disclose the final terms and you are then on your way to financial freedom.

6) You will still continue to receive monthly statements from your creditor giving you the ability to see your debt disappear.