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Debt Consolidation is really a two part process: Debt
Consolidation and Credit Counseling |
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Debt Consolidation: |
- Lowers monthly payments
- Lowers interest rates
- Stops late fees
- Stops or reduces collection calls
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Credit Counseling: |
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Credit Counseling is the actual
'educational' portion of a debt consolidation plan and is the
part of the debt management plan that we offer with our
DebtKiller debt counseling program. Where the above benefits are
voluntarily offered and determined by your creditors when you
join our Credit Counseling and Debt Consolidation program, the
credit counseling and education benefits are offered by us. |
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How Debt Consolidation works:
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- You submit your debts to our debt
counseling program
- One of our debt counseling staff
contacts you with a quote (good faith estimate) showing your
new, lower monthly payment, when you will be out of debt,
the number of years you will save and the amount of money
you will save in our debt counseling program.
- You complete and return the
agreement along with your first payment to your debt
counseling staff.
- Our staff submits "proposals" to
your creditors for their approval.
- You receive a welcome package and
first set of educational materials. Welcome package has your
new customer care email and 800 phone number to reach our
customer care staff when you have questions or need help.
- You make your debt consolidation
payment to us each month. Payments are made to your
creditors 10 days later.
- You continue to receive benefits
mentioned above from your creditors and from us.
- Through any step of this process
we are just a call, email, live chat or US Postal mail away
to answer your questions.
- That's it! It is just that simple
for you!
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Ready to get started in debt consolidation
and credit counseling? Want to see what our debt consolidation
program can do for you? Download the Step 1 form (below) now,
complete and fax/email to us right away. A certified debt and
credit counselor will respond shortly. |
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| Debt Facts |
 A $1,000
charge on an average credit card will take almost 22 years to pay, and
will cost more than $2,300 in interest ($3,300 total) |
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Last year
the credit card industry took in $43 billion in card fees. |
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A typical
credit card purchase ends up costing 112 percent more than if cash were
used. |
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Average
card debt among people who have at least one card is $9,205 -- triple
what it was in 1990. |
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