When looking for ways to settle your credit card debt, it’s important that you carefully analyze your available options and do the necessary research on their pros and cons to make sure you don’t end up making things worse than they already are. Because the whole process can be confusing and stressful, hiring a professional in this area — a reputable credit card settlement agency — can be of big help.
How A Credit Card Settlement Agency Helps You
- Negotiates On Your Behalf – A credit card settlement agency represents you and negotiates with creditors on your behalf to make an offer to settle the debt.
- Takes Emotions Out Of The Equation – Debt settlement can be an overwhelming process, especially with haunting thoughts of bankruptcy. An agency specializing in credit card settlement services takes emotions out of the equation and try their best to reach a settlement agreement.
- Familiarity With Debt Settlement Cases – Because they have been in the debt settlement business for years, credit card settlement agencies know exactly who to call to get the negotiation ball rolling. Using their rich experience and tactics, they craft a settlement proposal that can be truly considered by creditors.
- Relationships With Credit Card Companies – Over time, debt settlement agencies build strong relationships with credit card companies and collectors which can work to your advantage for a successful settlement.
Debt Settlement Vs Debt Consolidation
Debtors often confuse debt settlement with debt consolidation. Debt settlement is negotiating with creditors to settle a debt for less than what you owe. Debt settlement is a good option if you are struggling with your debt, need to lower your debt payments to pay living expenses and you want to avoid bankruptcy. Debt consolidation, on the other hand, is targeted towards taking a single loan to pay all debts from several creditors combined, preferably at a reduced interest rate and lower monthly payment. Debt Consolidation is a good option if you are comfortably making your payments and your interest rates are high.
Settle Your Credit Card Debt & Ensure Better Financial health With America Debt Resolutions
America Debt Resolutions is an A+ Rated, FTC-compliant debt Settlement Company, AFCC Accredited specializing in debt resolutions. Contact us to help you settle your debt with creditors and ensure better financial health.