Settle Debt Easy: How It Works
Incurring financial debt is very common in the western world. In fact, incurring large amounts of debt that you can't afford is also extremely common. Many individuals find themselves at one time or another facing large debt loads that they simply cannot afford. It may be because of illness, injury, divorce, job loss, bad investments, or other reasons. If you cannot see your way out of the debts you currently have, we may have the solution for you in the form of debt consolidation.
What is Debt Consolidation?
Debt Consolidation is simply taking all of your bills and rolling them into one. Settle Debt Easy pays your existing creditors and you have only one payment per month to handle. That means that you no longer have to pay each and every individual account and bill that has been looming over you. You simply pay your debt consolidation installment monthly and the other bills are taken care of. Before you know it, your outstanding debt is clear and you are on your way to a solid financial future.
When it comes to debt relief and consolidation, you have options
When it comes to the debt consolidation loan you will go with, there are options. You can choose a secured or unsecured loan. The primary difference here is that you will pay more on an unsecured loan than on a secured one, because it is simply more risky. The equity in your home can be the security for your debt consolidation loan. Doing it this way expedites the process and provides security to the lender. If you choose this route and default, you should know that foreclosure is a possible consequence.
Even if you don’t own a home, or have no equity in it, you can still use our debt consolidation services. In such cases, the loan is considered a non-secured loan, which would mean you have a higher interest rate. Take the time to compare the amounts you would pay on each bill individually or through the debt consolidation plan to ensure you are indeed saving yourself money in the long term.
Debt consolidation is much friendlier to your credit report than bankruptcy or non-payment. While it will appear on your credit report, it moves off much more quickly than certain other types of negative reports.
Get a free estimate of your financial debt consolidation agreement by inputting your information in the tool on this page or by calling us now at 1-888-518-0157.