The Best Way to Pay off Credit Cards is with this Debt Consolidation Company
In general, advice on the best way to pay off credit cards follows a familiar formula: Cut all unnecessary spending, take on an additional job and start aggressively paying your balance down.
It’s a great approach for a lot of people. But when you live in a state with a high cost of living — like California — basics like food, transportation and housing make it hard to have extra money in the bank, let alone find more. Good thing Accredited Debt Relief offers Californians another way to pay off their credit cards.
Want Personalized Answers to All Your Questions?
What is credit card debt consolidation in California, and how does it work?
Credit card consolidation in California helps people with debt reduce their monthly payments. Accredited Debt Relief offers one-on-one support from Consolidation Specialists to review programs or personal loans.
We’ll figure out your savings in three simple steps:
- Get a free consultation to review outstanding debts, credit utilization and credit standing
- Match with a program and customize it to fit your budget
- Follow through with your lower monthly payments consistently
Follow our approach, and you could be debt-free in as little as 24 months!
Is there a better way to get out of debt than declaring bankruptcy?
Depending upon your unique situation, debt consolidation might be a better option than declaring bankruptcy in California.
Chapter 7 and Chapter 13 bankruptcy are the two most common ways to discharge personal debt. While the process can be an effective way to resolve unpaid bills, it can also mean the liquidation of property and impacted credit scores for up to 10 years.
Do your research before deciding on bankruptcy — the best way to pay off credit cards might have fewer legal hoops and long-term consequences.
Should You File for Bankruptcy?
What kind of debt can I enroll in a consolidation program?
There are two types of debt: Secured and unsecured. Money lent to help with the purchase of a house or vehicle is called a secured debt. These physical things may be repossessed in the event that a borrower stops paying for them.
Unsecured debt, meanwhile, is lent on the borrower’s promise to pay it back. For example, if you fall into credit card delinquency, the credit card company will report your non-payment and ding your credit score. That signals to other lenders that you haven’t paid your debts, and are a risk to their business, making it more difficult to borrow again.
Legit California debt consolidation companies — like Accredited Debt Relief — exclusively enroll unsecured debt. Understanding what kind of debt you have is a crucial first step in escaping from the cycle of endless payments.
Debts You Can’t Consolidate:
❌ Mortgages
❌ Federal student loans
❌ Auto loans
❌ Tax bills
Debts Eligible for Consolidation:
✅ Medical bills
✅ Credit card payments
✅ Personal loans
✅ Buy now, pay later programs
If you need assistance evaluating the types of debts you owe, give us a call. Our professional Consolidation Specialists will walk you through all your open accounts and help you determine the next best step.
What if I have a history of credit card delinquency?
That’s OK! Credit card delinquency does not mean debt consolidation is out of reach. However, each financial situation is unique — we advise reaching out to us to discuss your personal options.
What is the statute of limitations in California for debt?
The statute of limitations for many unsecured debts in California can be four years. That means the collector has four years from either the last date of one’s payment or the due date of one’s missed payment to file a lawsuit against someone with an outstanding balance.
That said, it’s best to be proactive about managing debts, rather than waiting until legal action is taken.
What consumer debt protections are unique to California?
California tends to be a consumer-friendly state. With guardrails in place that guide debt collectors and consolidation companies, people dealing with debt in California can feel more confident about the options available to them.
And if you’re considering tackling your outstanding debts, choosing Accredited Debt Relief in California can help make the process of achieving financial freedom even smoother.
The content and resources provided do not constitute legal advice and are for informational purposes only. Program/Service offered is not affiliated with, approved, sponsored, or endorsed by any state or federal government agency.