Looking For Debt consolidation in Garland?

Get the right help for Debt Consolidation in Garland by getting in touch with the best debt management agency. They will provide you guidance and a free consultation without any charge or conditions.  If you contact a company that is licensed, accredited, and rated A+ with the Better Business Bureau, you can feel comfortable knowing that you are likely to get good advice and service.

What Are Your Debt Relief Benefits?

With the right debt consolidation company and the right debt relief program, you can resolve your debt without a new loan and with a monthly program payment designed personally for you.If you just need a reduction in your interest rates, then a credit counseling program is a great way to consolidate debt. If you need the lowest payment possible without bankruptcy, then a debt settlement program may be able to help.  Debt settlement programs negotiate reductions in your principal balance, which allows for additional savings over credit counseling, but there are pros and cons with either option.





Is The Payment Program Personalized?


Credit counseling has some flexibility with the monthly payment amount and the term.   Debt settlement has more flexibility, and theprogram payment can be more personalized.This means your financial situation is the primary criteria for the Debt Settlement in Texas. Either program should be designed and offered with zero obligations or conditions so you can decide if you want to move forward.Credit counseling programs will usually be completed as scheduled if you don’t miss any payments.  Debt Settlement programs can be longer or shorter than originally estimated, depending on the finalized settlement amounts.

Does This Program Include Any Separate Services?


There is no need for any separate services associated with a credit counseling program.  If you are enrolling in a debt settlement program, additional services may be offered by a third-party, such as legal protection from your creditors while your accounts are negotiated and settled.  These programs should never be required, but you should evaluate the benefit versus the cost.  

What Are The Fees To Consolidate My Debt?

All companies should be clear about the fees involved. Debt settlement companies are not allowed to charge settlement fees until they settle an account.  Credit counseling programs generally charge a nominal monthly fee based you’re your debt amount or the number of creditors.  

Debt Consolidation Programs Are Not Loans 


There is a difference between a program to manage your debt and a debt consolidation loan.A program that consolidates debt, such as credit counseling or debt settlement, is not going to loan you money to pay off your debt. If you have very high credit scores and want to try to obtain a new loan, then start with your bank or credit union in Garland Texas.  Also, understand that credit counseling and debt settlement programs are not the same as credit repair.  So-called credit repair companies try to dispute information contained in credit reports,which does not resolve the debt even when successful. However, if it has been over four years since you made a payment on a debt in Texas, the debt is no longer collectible through the legal system, but it may stay on your credit report for seven years. If you are trying to re-establish your credit, you should start by resolving your debt.

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