Are high interest rates making it impossible to pay off your credit card? Are you delinquent on your loans and risking bad credit? Are you considering bankruptcy?
It can be easy to feel overwhelmed by debt if you can’t make your payments, but it’s important to remember that you have options. Depending on your financial situation, a debt settlement program may be able to help.
How Does Debt Settlement Work?
Debt settlement involves negotiating with your creditors to reduce the amount of money you owe, including your principal balance, excessive fees and interest owed. When you work with a debt settlement organization, you’ll make regular deposits into an account that you own. Debt negotiation specialists will work with creditors on your behalf to reach a settlement agreement, and you’ll use the funds in your dedicated account to pay the settled amount.
Is a Debt Settlement Program a Good Idea?
You have multiple options when it comes to debt relief, and the best strategy for you depends on your unique financial situation. Working with a debt settlement company allows you to consult with specialists who can create a custom program to fit your needs.
To increase your chances of a successful outcome, it’s a good idea to work with an experienced debt relief organization, like Accredited Debt Relief for your debt settlement. Our experienced team can create a custom plan for you with the following benefits:
- Consolidate your debts with a single monthly payment
- Resolve debt obligations as an alternative to bankruptcy
- Reduce your total unsecured debt in as little as 12 to 48 months
Why Choose Accredited Debt Relief as Your Debt Settlement Company?
Accredited Debt Relief is a BBB accredited organization that has set up individuals throughout the U.S. with programs to help settle their debts for less than what they owe. Our experienced team has received numerous 5-star reviews from past clients, and we’re proud to be accredited by the American Fair Credit Council. We are committed to putting you first, which means that we’re dedicated to providing honest, expert advice and helping you throughout your journey towards financial freedom. Contact our team today to receive a free consultation.