The amounts and percentages below are simply examples of debt relief we have achieved for our clients. They may not pertain to your unique situation or circumstances..
Debt Resolution vs Debt Consolidation
Not sure what the difference is between debt consolidation and debt relief? You’re not alone.
Consolidating is a type of debt refinancing. Instead of having multiple debts to pay off across multiple creditors or lenders, debt consolidation loans allow you to combine your debts into one loan payment. While this single payment can be more convenient and easier to keep track of, typically debt consolidation loans require a higher credit score to be approved and you’ll still be responsible for repaying the full amount of your debt, plus interest.
With debt relief, we’ll enroll you in a program that will provide you with a new, single monthly payment that is typically lower than what you are paying now. We’ll negotiate with your creditors for a repayment amount that is lower than what you currently owe, and you won’t pay interest or any upfront fees. Debt-relief is also a much faster avenue to get out of debt, with clients typically resolving their debt in 24-36 months.
Ready to learn more? Call us today and we’ll put together a FREE personalized plan for you.
