Debt Consolidation(Better Business
Bureau Approved)
click link
Our
credit consolidation & debt counseling services are the safest,
fastest and easiest way for you to consolidate debts. Your debt
problems will be handled through a registered non-profit debt
counseling office to secure you the best possible consolidation
services that allow you to consolidate your loans & debts into one
low payment.
|
- Customer Information
-(Secure
Debt Consolidation Form) |
Few high schools and colleges offer even a
rudimentary course on how to budget money and use credit wisely,
so it is no wonder so many people get in over their heads when
it comes to credit cards and other consumer loans. It is all too
easy to just sign your name for every purchase and forget about
the inevitable bill.
The huge rise in levels of consumer debt has created a virtual
cottage industry in Debt Consolidation services. These services
seek to help consumers dig themselves out of their credit card
debt and stand on solid financial footing once again. The best
Debt Consolidation services do far more than help consumers
reduce and eliminate their current debt. A good Debt
Consolidation service will help those consumers to learn about
budgeting and financial planning. Only by learning good
budgeting and spending skills can a consumer be assured that he
or she will not fall back into the credit card trap.
Debt Consolidation firms work with creditors on the behalf of
consumers. They are often able to negotiate friendlier repayment
terms than the individual can work out on their own. For
instance, a credit card company may be willing to lower your
interest rate substantially to make sure you are able to repay
the balance you owe. In some cases, the bank may even be willing
to accept a lesser amount than what you owe. After all, it is in
the bank’s best interest as well as your own to keep you out of
bankruptcy court.
Debt Consolidation companies have experience negotiating these
kinds of deals. They often have contacts within the major banks
and credit card companies. They are able to use these contacts
to get deals unobtainable by the consumer working on their own.
As important as it is, paying off current debt is only part of
the problem, and it should be only part of the solution offered
by a legitimate Debt Consolidation company. It is just as
important for a Debt Consolidation firm to offer credit
counseling services and budget courses to their clients. When
shopping for a Debt Consolidation company, be sure to inquire
about these kinds of services. A Debt Consolidation company that
offers extensive credit counseling and budgeting services can
help you to remain debt free.
Learning to budget your money is one of the most important
financial skills there is. Unfortunately, this vital life skill
is all but ignored in the school system today, and even most
colleges devote precious little time to this subject. No matter
how much or how little money you make, it is absolutely
essential that every consumer learn how to live within their
means and budget their money properly. A good Debt Consolidation
company will understand the importance of this skill to your
long term
financial well being and will devote the time necessary to help
every client prepare and stick to a good budget. The bottom line
is that Debt Consolidation can help when consumers get into
trouble, but it is vital to choose a Debt Consolidation firm
that has your best interests at heart. The best Debt
Consolidation firms work hard to not only eliminate current debt
for
their clients, but also ensure that they do not incur further
debt.
American Debt Foundation, Inc.
Debt settlement is a form of debt relief that can assist you in
overcoming the burden of overwhelming debt in less time and for
less money than other debt relief options.
On average, consumers who complete the American Debt
Foundation's debt settlement program do so in 3 to 5 years and
generally pay less than half of the balance owed.* That amount
typically includes any interest charges, late fees, and the debt
settlement company's fees.
American Debt Foundation's debt settlement program is an
alternative to bankruptcy, which exists to assist consumers with
significant debt due to personal or medical hardships.
Too often, consumers join consumer credit counseling services in
an attempt to repay their debt, but soon find that it may have
not been their best debt relief option. Some estimates show over
75% of people who turn to consumer credit counseling services
either quit or are dropped from the program. As a result, many
clients end up filing for bankruptcy. Debt settlement is an
alternative solution for people who legitimately cannot afford
to repay their debts and are looking for an honest way out of a
debt-burdened life.
Debt settlement serves an important role in the debt relief
industry because it is not like consumer credit counseling, debt
consolidation and other debt relief options that coach you
through repaying your entire debt, even if you cannot afford to
do so. Instead, debt settlement involves negotiating with your
creditors to settle your debt for a reduced amount. This is why
debt settlement is a growing debt relief solution.
Many credit card companies have debt negotiation and settlement
departments for the specific purpose of negotiating with debt
settlement companies like American Debt Foundation. While they
prefer that you repay the entire amount you owe, creditors
understand that lending credit is a risk, and sometimes
consumers experience legitimate financial hardships that prevent
them from repaying the full debt.
It is important to us that you understand the debt settlement
process or any other debt relief option you choose before
committing to a program. The following pages explain how and why
the debt settlement process works. Keep in mind that not all
debt settlement companies are alike and others may not have the
same process and steps described here.
What is debt settlement?
Debt settlement is when you repay your creditors less than you
owe to satisfy your debt. People with overwhelming debt can
enroll with a debt settlement company who will negotiate with
their creditors to settle their debts for a fraction of what
they owe.
In a debt settlement program, you deposit money into a savings
account each month, instead of paying your creditors. Once
enough money builds up, the company negotiates with your
creditors to accept a lump sum payment. If the creditor accepts,
this agreement settles the account. Your debt is considered paid
and you can begin saving for the next settlement offer.
What settlement results do your clients typically see?
On average, we settle our clients' debts for about 30-50% of the
entire amount owed.
How long will it take me to get out of debt?
Our program graduates are typically out of debt in 12 to 36
months.
Can American Debt Foundation help with harassing collection
calls?
No company can completely stop debt collector calls. However, we
ask your creditors to contact us directly about your accounts.
We also offer specific advice for dealing with unwanted
collector calls that come to your home.
Does American Debt Foundation offer any guarantees?
American Debt Foundation is one of the few companies in this
industry to offer a 30 day money back guarantee.
How much is American Debt Foundation's debt settlement program
going to cost me?
Our professional debt consultants will work with you to create a
customized payment plan according to your financial situation.
Our fees are a percentage of the total amount you owe.
Why would my creditors accept less than the full amount I owe?
Your creditors prefer to collect the full amount you owe;
however, they know that if you file bankruptcy, they may receive
no payment at all. Creditors are usually open to debt settlement
once they recognize that you are facing significant financial
hardships and are trying to avoid bankruptcy. Your creditors
would rather accept a lump sum payment of 50% of your debt than
risk getting nothing at all.
Can I be sued by my creditors while enrolled in your program?
We do everything in our power to negotiate a mutually agreeable
settlement, but there is the possibility a creditor can take
legal action to get you to pay. This usually happens when
creditors think they can recover the full amount you owe through
the courts. We are not a law firm and we recommend you speak
with a licensed attorney in your state for more information.
How will debt settlement affect my credit?
Debt settlement can have a negative impact on your credit.
However, debt settlement can also get you out of debt faster
than many other debt relief options so you can begin rebuilding
your credit sooner. If you are already behind on payments, or
you might be shortly, your credit is already impaired - you have
too much debt compared to your income. This is known as a high
debt-to-income ratio. To be considered credit-worthy again, you
must drastically reduce or eliminate your debt, thereby reducing
your debt-to-income ratio.
Remember, you can always rebuild your credit and it's much
easier to rebuild your credit without the burden of overwhelming
debt or a bankruptcy mark on your credit report.
Once I've enrolled in American Debt Foundation's debt settlement
program, who maintains control of my finances?
You maintain control of your finances. Instead of paying us or
your creditors, you deposit money into a third-party savings
account every month. When enough money accrues and your
creditors are ready to settle, the money from that account goes
toward your settlement. Because you ultimately maintain control
of your finances, your commitment is essential to the success of
your program.
What if I need to cancel the program?
You can cancel the program and withdrawal the money in your
set-aside account at any time. We do not have a long term
commitment, so you are under no contractual obligation to stay
if you decide the program is not right for you. You will not be
charged any penalty fees, closing fees or any other hidden
charges.
Does everyone qualify for American Debt Foundation's debt
settlement program?
Not everyone qualifies for debt settlement. Debt settlement is
an alternative to bankruptcy for people with overwhelming debt
who have endured personal or financial hardships that prevent
them from repaying their creditors.
What types of debt does American Debt Foundation settle?
There are generally two types of debt: unsecured and secured.
Secured debt is backed by collateral such as a house or a car.
American Debt Foundation cannot settle secured debts because
creditors can simply repossess the assets if you fall behind in
payments. Unsecured debt is not backed, or secured, by
collateral and therefore it can be negotiated. Unsecured debts
include credit card debt, medical bills, repossessions, etc.
Debt Consolidation
American Debt
Foundation
http://www.americandebtfoundation.com
Call Us Today For A Free
Debt Consolidation Quote!
1(866)411-3328-
1(866)411-DEBT
Consumer
Debt Consolidation
Services work directly with your creditors to come up with the
ideal payment plan for you. Since our debt consolidation service
only works with non-profit agencies, creditors offer our clients
numerous benefits, such as:
• Reduce your
payments by as much as 50%
• Consolidate your payments into one low monthly payment
• Eliminate or reduce your high interest rate
• Eliminate late charges and other fees
• Re-age your past due accounts to improve your credit rating
Few high schools and colleges offer even a rudimentary course on
how to budget money and use credit wisely, so it is no wonder so
many people get in over their heads when it comes to credit
cards and other consumer loans. It is all too easy to just sign
your name for every purchase and forget about the inevitable
bill.
The huge rise in levels of consumer debt has created a virtual
cottage industry in Debt Consolidation services. These services
seek to help consumers dig themselves out of their credit card
debt and stand on solid financial footing once again. The best
Debt Consolidation services do far more than help consumers
reduce and eliminate their current debt. A good Debt
Consolidation service will help those consumers to learn about
budgeting and financial planning. Only by learning good
budgeting and spending skills can a consumer be assured that he
or she will not fall back into the credit card trap.
Debt Consolidation firms work with creditors on the behalf of
consumers. They are often able to negotiate friendlier repayment
terms than the individual can work out on their own. For
instance, a credit card company may be willing to lower your
interest rate substantially to make sure you are able to repay
the balance you owe. In some cases, the bank may even be willing
to accept a lesser amount than what you owe. After all, it is in
the bank’s best interest as well as your own to keep you out of
bankruptcy court.
Debt Consolidation companies have experience negotiating these
kinds of deals. They often have contacts within the major banks
and credit card companies. They are able to use these contacts
to get deals unobtainable by the consumer working on their own.
As important as it is, paying off current debt is only part of
the problem, and it should be only part of the solution offered
by a legitimate Debt Consolidation company. It is just as
important for a Debt Consolidation firm to offer credit
counseling services and budget courses to their clients. When
shopping for a Debt Consolidation company, be sure to inquire
about these kinds of services. A Debt Consolidation company that
offers extensive credit counseling and budgeting services can
help you to remain debt free.
Learning to budget your money is one of the most important
financial skills there is. Unfortunately, this vital life skill
is all but ignored in the school system today, and even most
colleges devote precious little time to this subject. No matter
how much or how little money you make, it is absolutely
essential that every consumer learn how to live within their
means and budget their money properly. A good Debt Consolidation
company will understand the importance of this skill to your
long term
financial well being and will devote the time necessary to help
every client prepare and stick to a good budget. The bottom line
is that Debt Consolidation can help when consumers get into
trouble, but it is vital to choose a Debt Consolidation firm
that has your best interests at heart. The best Debt
Consolidation firms work hard to not only eliminate current debt
for
their clients, but also ensure that they do not incur further
debt.
American Debt Foundation, Inc.
Debt settlement is a form of debt relief that can assist you in
overcoming the burden of overwhelming debt in less time and for
less money than other debt relief options.
On average, consumers who complete the American Debt
Foundation's debt settlement program do so in 3 to 5 years and
generally pay less than half of the balance owed.* That amount
typically includes any interest charges, late fees, and the debt
settlement company's fees.
American Debt Foundation's debt settlement program is an
alternative to bankruptcy, which exists to assist consumers with
significant debt due to personal or medical hardships.
Too often, consumers join consumer credit counseling services in
an attempt to repay their debt, but soon find that it may have
not been their best debt relief option. Some estimates show over
75% of people who turn to consumer credit counseling services
either quit or are dropped from the program. As a result, many
clients end up filing for bankruptcy. Debt settlement is an
alternative solution for people who legitimately cannot afford
to repay their debts and are looking for an honest way out of a
debt-burdened life.
Debt settlement serves an important role in the debt relief
industry because it is not like consumer credit counseling, debt
consolidation and other debt relief options that coach you
through repaying your entire debt, even if you cannot afford to
do so. Instead, debt settlement involves negotiating with your
creditors to settle your debt for a reduced amount. This is why
debt settlement is a growing debt relief solution.
Many credit card companies have debt negotiation and settlement
departments for the specific purpose of negotiating with debt
settlement companies like American Debt Foundation. While they
prefer that you repay the entire amount you owe, creditors
understand that lending credit is a risk, and sometimes
consumers experience legitimate financial hardships that prevent
them from repaying the full debt.
It is important to us that you understand the debt settlement
process or any other debt relief option you choose before
committing to a program. The following pages explain how and why
the debt settlement process works. Keep in mind that not all
debt settlement companies are alike and others may not have the
same process and steps described here.
What is debt settlement?
Debt settlement is when you repay your creditors less than you
owe to satisfy your debt. People with overwhelming debt can
enroll with a debt settlement company who will negotiate with
their creditors to settle their debts for a fraction of what
they owe.
In a debt settlement program, you deposit money into a savings
account each month, instead of paying your creditors. Once
enough money builds up, the company negotiates with your
creditors to accept a lump sum payment. If the creditor accepts,
this agreement settles the account. Your debt is considered paid
and you can begin saving for the next settlement offer.
What settlement results do your clients typically see?
On average, we settle our clients' debts for about 30-50% of the
entire amount owed.
How long will it take me to get out of debt?
Our program graduates are typically out of debt in 12 to 36
months.
Can American Debt Foundation help with harassing collection
calls?
No company can completely stop debt collector calls. However, we
ask your creditors to contact us directly about your accounts.
We also offer specific advice for dealing with unwanted
collector calls that come to your home.
Does American Debt Foundation offer any guarantees?
American Debt Foundation is one of the few companies in this
industry to offer a 30 day money back guarantee.
How much is American Debt Foundation's debt settlement program
going to cost me?
Our professional debt consultants will work with you to create a
customized payment plan according to your financial situation.
Our fees are a percentage of the total amount you owe.
Why would my creditors accept less than the full amount I owe?
Your creditors prefer to collect the full amount you owe;
however, they know that if you file bankruptcy, they may receive
no payment at all. Creditors are usually open to debt settlement
once they recognize that you are facing significant financial
hardships and are trying to avoid bankruptcy. Your creditors
would rather accept a lump sum payment of 50% of your debt than
risk getting nothing at all.
Can I be sued by my creditors while enrolled in your program?
We do everything in our power to negotiate a mutually agreeable
settlement, but there is the possibility a creditor can take
legal action to get you to pay. This usually happens when
creditors think they can recover the full amount you owe through
the courts. We are not a law firm and we recommend you speak
with a licensed attorney in your state for more information.
How will debt settlement affect my credit?
Debt settlement can have a negative impact on your credit.
However, debt settlement can also get you out of debt faster
than many other debt relief options so you can begin rebuilding
your credit sooner. If you are already behind on payments, or
you might be shortly, your credit is already impaired - you have
too much debt compared to your income. This is known as a high
debt-to-income ratio. To be considered credit-worthy again, you
must drastically reduce or eliminate your debt, thereby reducing
your debt-to-income ratio.
Remember, you can always rebuild your credit and it's much
easier to rebuild your credit without the burden of overwhelming
debt or a bankruptcy mark on your credit report.
Once I've enrolled in American Debt Foundation's debt settlement
program, who maintains control of my finances?
You maintain control of your finances. Instead of paying us or
your creditors, you deposit money into a third-party savings
account every month. When enough money accrues and your
creditors are ready to settle, the money from that account goes
toward your settlement. Because you ultimately maintain control
of your finances, your commitment is essential to the success of
your program.
What if I need to cancel the program?
You can cancel the program and withdrawal the money in your
set-aside account at any time. We do not have a long term
commitment, so you are under no contractual obligation to stay
if you decide the program is not right for you. You will not be
charged any penalty fees, closing fees or any other hidden
charges.
Does everyone qualify for American Debt Foundation's debt
settlement program?
Not everyone qualifies for debt settlement. Debt settlement is
an alternative to bankruptcy for people with overwhelming debt
who have endured personal or financial hardships that prevent
them from repaying their creditors.
What types of debt does American Debt Foundation settle?
There are generally two types of debt: unsecured and secured.
Secured debt is backed by collateral such as a house or a car.
American Debt Foundation cannot settle secured debts because
creditors can simply repossess the assets if you fall behind in
payments. Unsecured debt is not backed, or secured, by
collateral and therefore it can be negotiated. Unsecured debts
include credit card debt, medical bills, repossessions, etc.
Debt Consolidation
American Debt
Foundation
http://www.americandebtfoundation.com