New Year, New Debt Solution!
The New Year is the right time to find a better, faster way to get out of debt.
If you’re like millions of Americans, you’re probably reeling with a holiday debt hangover. You made too many charges for the holidays, and now you’re trying to figure out how to handle the debt. Minimum payments don’t work, and even with larger payments, high interest rates make it almost impossible to reach zero. You need a new debt solution to get out of debt faster.
Talk to a certified credit counselor now to find a better way to eliminate high interest rate credit card debt.
Why traditional payments don’t work
Credit card minimum payment schedules are not designed to help you get out of debt quickly. They keep you in debt as long as possible, because interest charges are how credit card companies make money.
Even if you make larger payments every month, you still end up overpaying. That’s because credit cards have high interest rates that eat up almost two thirds of every payment you make!
Don’t believe us? Use our free credit card debt calculator to see how long it will take to eliminate your balances. Try adding money to your minimum payment and making fixed payments. You still won’t be happy with the results.
Note: If you don’t know your minimum payment schedule, choose 2%; that’s standard for most credit cards.
Finding a better, faster debt solution
A debt management program is a type of debt consolidation you can use, regardless of your credit score. It rolls all your debts into a single monthly payment, so you can stop juggling your bills. It also puts a certified team of credit counselors on your side to negotiate lower interest rates with your creditors. Lower APR means you can get out of debt faster, often with lower payments each month.
The average debt management program graduate:
- Is out of debt within 36 to 60 payments
- Enjoys interest rates between 0-11% APR
- Pays up to 30-50% less to get out of debt
Alex P. from Miami Lakes, AL
I would like to say Thank you for the outstanding service that you gave me. I started the program just four short years ago and in March I will be debt free. With your help in setting better plans with my creditors I was able to accomplish this. It was hard work, but it was all worth it at the end. The Consolidated credit counselors are the best; they answered all of my question(s) and helped me every step of the way.
Elizabeth H. from Sea Bright, NJ
I researched, heavily, many consolidation and/or debt reduction companies, before choosing Consolidated Credit. From the moment I first spoke with a representative, I knew I'd made the right choice. I had about $27,000 worth of debt to dig out of, one credit card had a 34 interest rate.
My credit counselor was wonderful! I got set up right away with the payments. Anytime I ever called I got treated with such respect. There were months when I couldn't pay the full amount, or I often had to delay the payment. Never did anyone EVER talk down to me. In fact, it was like I had my own personal cheering squad. They were constantly encouraging and genuinely thrilled that I was on my way to being debt free. I cannot thank Consolidated Credit enough! Having that much debt and being so scared it would never be paid off was so terrifying, but they totally got me through. Thanks!!!
Francine A. from Miami, FL
I couldn't have made a better choice than signing on with Consolidated Credit. Their staff is compassionate as well as professional. I was so impressed with the patience, time and care they took to make me comfortable with my decision. They never pressured me, it took me weeks to decide, but patiently answered all of my questions and let me join in my own time. When I did apply, after completing my own research, I was certain I made the right choice. I have not had any regrets, even the one month I had difficulty I was met with genuine understanding and an offer of education and services to help me continue to manage my credit. The quality of my life during unemployment is so much better than it could be had I not made this decision.
Kasey L. from Las Vegas, NV
Approximately three years ago, my husband and I were in a lot of financial debt. We had multiple collections, lots of little accounts, and other bills that became too overwhelming to manage on our own.
Consolidated handled all of our accounts and managed to reduce our minimum payments, almost eliminated all of our interest, and ultimately helped me to pay off all of my debt. They were professional and friendly throughout the entire experience.
Three years later I am happy to announce that we are debt free and we just purchased our first home! We could not have done it without Consolidated! I would recommend them to anyone who is feeling overwhelmed by their finances. Thank you!