See, when you rely on a bank to help eliminate your credit card debt, you are relying on a worm to get you out of trouble with a big fish. Banks, lenders and creditors alike all issue credit cards then when you end up in debt they turn around and issue you loans with interest rates, but not to those individuals with bad credit. Your debt is their business, whether interest, service charges or penalties they will continue to make it.
All banks have the same purpose, to keep you in debt. This is how they profit, and that’s completely understandable from a business perspective, but what about the individual trying to eliminate their debt, and better their credit standings?
In the case of today's economy, financial institutions only exist because of your hardship; they are prospering on your debt through NSF fees, interest payments / minimum payments, late penalties, membership fees, and numerous fees.
So while the concept of a consolidation loans (given you have positive equity, and near perfect credit) to lower your monthly payments seems like a good idea, it is not the best choice in our professional opinion.
Debt Relief USA eliminates credit cards and unsecured financial liabilities through debt settlement.
To eliminate credit cards, and close out accounts with Debt Relief USA our clients are obligated to make a predetermined structured payment into a trust account (in your name) while we handle your creditors and debt collectors who’ve most likely purchased your accounts. In this instance your payments are going toward principal and our cost of service which is spread out through the duration of your debt settlement service agreement. This means that you can reduce your monthly payments and reduce your debt owed by 42-58% or more and have yourself debt free in as little as 16 – 36 months.
Disclaimer: we eliminate debt through debt settlement in 48 states; some states require an attorney for account representation and will be determined upon initial consultation.
Our methods eliminate your credit card accounts, and unsecured fiscal liabilities to have you free from debt swiftly. There are no tricks or stunts to what we do, and all pros, cons, good, bad and ugly aspects are presented and verbally verified to ensure clients know exactly what debt settlement is. We are just very good at it and we have helped many, many people become debt free in shorter time spans for less amounts.