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  our service vs debt consolidation

Easily Eliminate Debt

Debt consolidation and our service utilize different methods to provide debt relief. With our service, you establish a reduced credit card debt balance and eliminate debt faster than any other debt-relief method. Debt consolidation loans, however, transfer debts to a lower interest rate than rates levied by creditors.

Debt Consolidation Loans

Debt consolidation assembles all debts into a single loan with affordable monthly payments. Several different types of lenders, such as commercial banks, offer debt consolidation loans to help you eliminate debt.

Lenders offer secured debt consolidation loans at low interest rates, but they require borrowers to post collateral as security against repayment. Secured loans can extend to 30 years. Unsecured consolidation loans are available for borrowers without collateral. Lenders assume more risk with these loans and thus, charge high interest rates, which negate the purpose of debt consolidation.

Reduce Total Credit Card Debt

Our service supplies a program to repay all existing debts at a reduced amount. Our company works with your creditors to reduce your total credit card debt. Creditors agree to waive part of the debt and accept the remaining sum as full repayment.

You can pay off debts according to you financial limitations with our service because you determine the amount and terms of repayment. Our service saves you more money than debt consolidation or any other debt-relief method. This savings occurs because our service reduces your debt balance, while other methods require you to repay the entire debt, including all interest charges.

You can settle your debts today. Drew Johnson is an expert in the various methods of debt reduction and has successfully reduced his own debt. He has written about various debt relief topics. Credit Solutions provides an alternative to consolidating your debt.

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