Free Debt Consolidation
We provide free consumer credit counseling and debt management services for people overwhelmed with credit card debt.
to Questions and Answers
about Interest Charges?
If the average credit card holder paid only the minimum
amount on their credit card bill, it would take them 10 to 20
years to pay the entire principal off. Why is that? After all it
is not a 30 year home mortgage.
The reason is the high interest rates that credit card
companies charge. Your minimum monthly payment on your credit
card is almost entirely made up of interest charges. Each month
only a small portion of your payment will actually go towards
paying off the principal debt.
With our debt consolidation program, we can get the creditors
to greatly lower your interest rate so that most of your
payments go to reducing the principal rather than finance
charges. This results in your paying off the principal in as little
as one to two years rather than 10 to 20 years.
Credit card companies will work with us and reduce the
interest because they want you as a paying customer, that way,
they get something rather than nothing if you file bankruptcy.
This is the ultimate win-win situation, so take advantage of
it now. Start by getting a free debt consolidation analysis to
see how much you can save.
for a free debt consolidation analysis
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