Find out if you are eligible for a Debt Relief Program by using our free qualifier tool below. If you are eligible for this program you will be given a Security PIN Number on the confirmation page with details on how to obtain your Debt Relief Program.

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Debt Consolidation,Debt Relief Program FAQ

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Frequently Asked Questions

Q: How does this program work?

It works by reducing the balance owed (principal) on your unsecured personal debt accounts through the time-honored process of the creditor agreement. This is different from simply reducing the interest rate as with Debt Consolidation and Credit Counseling, which do not affect the total debt balance.

Q: Will this strategy work for me?

The flexible nature of this program makes it applicable to a wide range of financial circumstances. Here are a few guidelines to help you determine whether this program is eligible for you:

1. Do you have a legitimate financial hardship condition?

Most debt problems are caused by loss of income, medical issues, or divorce/separation. These are legitimate financial hardships that can happen to anyone through no fault of their own, and any one of these situations can wreak havoc on a household budget. If you are over your head due to a hardship circumstance, and you'd prefer to work things out with your creditors rather than declare bankruptcy, then this program can provide an honest and ethical debt relief alternative.

2. Are you committed to satisfying your debt?

This Program is best viewed as a better option, one that allows you to keep control over the process and maintain privacy while working through your financial difficulties. As with most things in life, success is determined by your level of commitment to staying the course, even when the road gets a little bumpy. If you are likely to give up at the first rough spot, then this program is probably not the best choice for you. But if you are determined to satisfy your debt, the Credit Relief Program will likely be the most attractive debt solution for you.

3. Do you owe more than $10,000 in unsecured debt?

This program is reserved for serious debt problems. While everyone's budget is different, most people can work their way out of smaller debt obligations. If you only owe $5,000, for example, unless you are really in dire straits you can probably deal with that obligation the old-fashioned way - by paying off the debt in full, over time. In other words, smaller debt loads are more of a budgeting problem than a serious financial hardship. The Credit Relief Program uses a benchmark of $10,000 for evaluating whether or not a prospective client qualifies for our program.

Q: How is this Program listed on my credit profile?

When a consumer is enrolled in the Credit Relief Program, the debt is reported as being past due until it is negotiated and settled. Once the account is settled it will be recorded the creditor chooses to report.

Q: How can I get my account listed as "paid in full" with the credit bureaus?

That is a rare occurrence usually only reserved when paying a past due account could have more adverse consequences on your credit than positive ones and/or b) when the debtor has no incentive to pay the debt other than a moral one.

Q: How much will my credit score drop when enrolled in this Program?

It is impossible to say exactly what will happen to your Credit Score because it depends on so many variables. For example what is your credit score now? If it is high, debt negotiation will likely cause a precipitous decrease. While if your credit rating is already low from collection accounts or charge offs, the decline will be far less severe.

Q: How quickly can I rebuild my credit afterwards?

We are not a credit repair service, this is difficult to pin point because it depends on a lot of different factors like a) how aggressive you are in the steps you take to rebuild your credit, b) what accounts you remain current with during the course of the negotiation process, c) the length of your credit history, and probably a whole slew of other factors that we cannot even fathom.

In an effort to define a Debt Relief Program the first thing to understand is the difference between a loan designed to consolidate debt and a true Debt Relief Program. A secured loan by definition is typically secured by real property such as a home. A secured loan is considered relatively low risk and therefore usually has a low interest rate. In contrast, this program is considered an alternative to taking out a secured loan. It is the process of centralizing all your debt into one monthly bill and negotiating with credit card companies to settle the debt for less than the total amount owed. Use the qualifier tool listed above; as well as the phone number provided to determine if you might benefit from this program.