More and more people find themselves in debt every year and in particular this year (for obvious reasons).
Credit card debt is a huge issue in the US, with nearly 50% of adult Americans in credit card debt.
If recent events have taught us anything, it's that even the most money-conscious, responsible people can find themselves facing unforeseen circumstances.
In these situations, people often lean on their credit cards until eventually, they're completely consumed by debt, feeling like there's no way out.
Thankfully, with the help of Consolidated Credit, there is a way out. Here are 5 reasons why we recommend Consolidated Credit if you've found yourself in debt:
Getting started couldn't be easier
To begin, all you need to do is go on their website and fill out their form. It takes less than two minutes to complete. After that, one of their certified credit counselors will call you to start your free credit counseling.
We trust their team of experts
Consolidated Credit team consists of certified credit counselors that have years of experience. They evaluate your debts, credit, and budget to see where you stand so they can help you find the right solution for your needs. Their counselors are there to help you every step of the way.
They offer free advice and counseling sessions to help you navigate your situation
After they evaluate your situation, they'll explain everything to you on a call.
They'll help you understand all your options and how much you can expect to pay each month if you are eligible and decide to go with the debt management program.
They'll even offer you free resources to help you explore other options so you can make the best decision for your situation.
They do the work for you
If you decide to work with Consolidated Credit, their team will then call each of your creditors for you and work out with them whether they agree to accept payments through a debt management program, as well as reducing or eliminating interest charges and stopping future penalties.
Lastly, they'll arrange a new payment schedule for you.
You'll get more manageable monthly payments
After that, you only have to make one payment every month, and the credit counseling team distributes the amount among each of the credit card companies as agreed. Not only is it just one bill, but Consolidated Credit can actually reduce your total credit card payments by up to 30-50%.
Consolidated Credit has helped more than 10 million people in 27 years and has consolidated over $9.5 billion in debt.
And lastly, unlike debt settlement and bankruptcy, using a debt management program like Consolidated Credit creates no negative information in your credit report, which could drag down your credit score.
So if you've found yourself in debt, we'd highly recommend Consolidated Credit.