Questions On Debt Consolidation

What is credit card debt consolidation?
A process where we utilize our non profit relationships with creditors to provide you with one monthly payment, lower interest rates, and the elimination of late, past due, and over limit fees. This enables you to save thousands of dollars as well as years of payments.

Do I have to have good credit to qualify?
No. As long as we have relationships with your creditors and you are able to make a monthly payment towards your credit debts we can qualify you for our consolidation program. Our certified credit counselors will provide you a free budget counseling session outlining your debt to income ratio to further assit you in assessing your current situation and ensure the monthly payment is within your financial means.

How long will it take to pay off my debts?
This depends on your mix of creditors as well as your monthly payment. We do not charge a prepayment penalty. The faster you can get out of debt the better! Any additional funds you send will be applied directly to your principle and will result in you saving even more money on the reduced interest charges.

Do you provide loans?
No we do not provide loans. A loan would be like robbing Peter to pay Paul.We provide a debt consolidation service which will allow you to satisfy your current debt obligation by consolidating and without incurring more debt.

Can debt consolidation help to improve my credit?
Yes! By reducing the amount of debt you owe, known as your debt-to-income ratio, can help to make you more appealing to the lenders. As well as if you are behind in your debts re-aging of your accounts will show you as current once again.

What type of debts can you include in consolidation?
Almost any unsecured debt can be included. Credit cards, personal loans, medical bills, student loans, IRS, old utilities and collections, as well as other unsecured debts.

Can you consolidate things like a home mortgage or a car loan?
No, we work only with unsecured debt. Unsecured debt is not backed or underwritten by an asset like a home or car. These are secured debts.

Do I have to include all my debts in consolidation?
No. With our company you have the ability to tailor the consolidation that fits your needs best. Unlike others we do not mandate which debts you include.

Will my creditors continue to call once I start my debt consolidation?
No. Once we process your consolidation they will stop calling you and deal with us directly. The only contact you should have is monthly statements from them showing your balances dropping as we accelerate you out of debt.

What happens after I fill out the FREE Application?

1. Your application will be forwarded to a certified credit counselor who will help determine if a debt consolidation would benefit your situation. We do not enroll anyone that will not benefit from our services and this is determined in our free budget counseling session and consolidation consultation.
2. A professional counselor assigned to manage your file will contact you within 24-48 hours and explain the cost and time length as well as the steps required to process your consolidation.
3. Each month you will send one payment to us we will then disburse your funds utilizing the reduced interest rates and terms provided by the creditors under our non profit status.

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