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Here are the
answers you really need to know:
Q. Is Debt
Settlement the same as Debt Consolidation? A. No... With our
Debt Settlement program, we negotiate on your behalf to actually
eliminate your debt. Debt Consolidation requires you to obtain a new
loan in order to pay off your existing debt.. If you have debt
and/or bad credit, it is rare that you would be approved for a
consolidation loan. Any type of loan will increase your debt, which
could put you in a more severe financial situation.
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We
work for YOU! We are NOT a credit counseling service. Credit
counseling services work for your creditors and may earn a percentage of
what you pay to the creditors. Consumers utilizing these credit counseling
services are expected to pay back 100% of their debt through small monthly
payments. This could result in an increase in the overall debt and may
damage your credit profile. |
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