Debt Consolidation Care  
                -It's time to take control of your debt.
 
      

 

Find Out Why Over  
237,000 People Have Trusted Debt Consolidation Care Debt Relief Services

                                                                                         

What is Bill Consolidation? 

Bill consolidation is favorable for those who're struggling to manage multiple debts and cannot afford to make several payments each month. Bill consolidation program gives people a way out by which they can replace multiple bills with one low monthly payment and pay off debt with ease. When you consolidate debt, you pay less each month and save thousands of dollars. 


Bill Consolidation-How It Works

Here's an example of how consolidation works:  
Suppose you have acquired debt on 2 credit cards and you outstanding medical bills as well. Here is a sample of these accounts may look before you enroll in one of our consolidation programs.

Outstanding balance on credit card X (15% interest rate)-$15,000
Outstanding balance on credit card Y (20% interest rate)-$12,000
Amount you owe on medical bills (13% interest rate)-$13,000

So, the average interest rate= (15% + 20% + 13%)/3 = 16%

After you enroll in a bill consolidation program, the interest rate on your debts could be negotiated down to:
Credit card X=10%
Credit card Y=16%
Medical bill=10%

Now if your total debt amount is $40,000, you'll save (16% down to 12% interest rate) x $40,000=savings of $1,600 per year!  

Just a Few Ways to Pay Off Debt and Obtain a Solid Financial Record:

There are many ways to achieve financial freedom from your debt. Many people today think that bankruptcy may be their only way out. However, there are many different and improved options other than bankruptcy. Listed below are 3 popular ways to get rid of debt and lead a stress-free life. But what's important is that you choose the one that works for you. At DebtConsolidationCare, we are here to help you choose the best option for your unique situation. 

1. Interest Rate Arbitration: This is where you take out a secured loan at a low interest rate to repay your current unsecured debts. The process assists you to reduce interest rates on your existing debts. The key benefits are:

• Reduce your interest rates

• Pay less each month

• Improve your credit score

2.  Debt Management: This is where you work with a debt solutions company to help you pay off your debts and create a budget. The benefits are:

• Interest is reduced

• Late fees may be waived off

• Manage multiple bills with ease

3. Debt Settlement: This is where you have a settlement company/law firm working with your creditors to lower your payoff amount by 40-60%. With settlement, you have 2 major benefits:

• Creditors reduce interest

• They cut your principal balance                                                                                                               

  

Debt Consolidation Care









 


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www.billconsolidationquote.com  receives compensation for advertising the Debt Consolidation Care brand of debt relief services based on each qualified consumer who links to the Debt Consolidation Care website directly from our site.

* Disclosures:

A   By signing up for counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.

B   Some creditors and collection agencies refuse to lower the pay off amount, interest rate, and fees owed by the consumer.

C   Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.

D   Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.