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Our debt counseling services work directly with your creditors to create the ideal repayment plan for you. Since you will be working with a professional debt counseling service, creditors are willing to offer our clients numerous benefits, such as:
Step 1: Your specialized debt counselor will review your budget information and suggest one of our debt consolidation services. Most debt consolidation companies offer few options, while our debt consolidation services lead the industry with many solutions for your individual needs. We can even refer you to a lender after completing 7 months of on-time and in-full payments to apply for a debt consolidation loan. However, we cannot guarantee you a loan since approval or denial is the sole right of the lender. With these unique programs and top rated customer service, our debt counseling services are the leading choice for your personal financial needs. Step 2: After deciding which debt counseling services would be the most beneficial, you will decide when you will be making your first debt consolidation payment. You will have one easy date that will be your debt consolidation payment date every month. There will be no more different due dates to remember or budget for! Step 3: If after discussing your financial situation with your credit counselor you decide to enroll in our debt consolidation services, we will contact your creditors and negotiate with them to have your monthly payments lowered and your interest rates reduced. You then simply send one reduced monthly payment to our office and we distribute the funds to your creditors on your behalf. You will still receive your monthly statements, so you will see your balances dropping. If any of your creditors contact you, you can direct them to our offices. You'll be assigned a personal debt counseling specialist to deal with any questions or situations that may arise. Step 4: Simply keep making your monthly debt consolidation payments on time and you will be on the road to a better credit rating, stable finances and eliminating your debt! (The initial repayment plan is subject to adjustment based on creditors' individual requirements-USA Credit Counseling will notify you when more payment may be required to satisfy creditor's needs. There is no industry standard as to what benefits creditors will extend to USA Credit Counseling's clients, so every debt consolidation repayment plan depends in part on which creditor is involved.) 
As a result of the benefits that we can achieve for you, you will be able to pay off your debt in much less time than you could on your own. Our average client maintains a $10,000 debt with an 18.5% interest rate. Without our debt counseling services, by paying the monthly minimum payment, it would take at least 32 years and $24,500 to pay off the original debt. With our debt counseling services, that same client's debt will be paid off much sooner: usually 3 to 5 years, even with the reduced monthly payments! How? Interest rate reductions, consistent on-time payments, and reduced late charges work together to effectively shrink the total balance owed. Before a client joins USA Credit Counseling, most of his or her payments are applied to interest charges. This barely changes the balance amount. By reducing the interest, you can pay off the balances in a lot less time! The Debt Counseling Services are also designed to provide you with easily accessible help and guidance. Our Debt counselors are available to handle harassing phone calls from creditors, assist you with legal situations and teach you how to handle credit in the future. Our debt counselors also make budgeting suggestions so that you can save more money each month and spend your earnings more efficiently. Do you think you'd be better off declaring bankruptcy? Our debt counseling services can probably help save you those court costs and the loss of precious assets. Please talk to one of our debt counselors if you are considering bankruptcy to find out about the alternatives. We can direct you to bankruptcy assistance if that is the best solution for your specific situation. |
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