Debt Consolidation vs Debt Settlement vs Debt Management

With the many ways there are to get out of debt it can sometimes be hard to choose which way is right for you. Whichever way you choose you’re looking to do the same thing you’re trying to lower your monthly credit card payments, you’re trying to reduce your interest rates if possible, you’re trying to waive late fees and other fees the banks try to throw on you, you’d love to eliminate the collection calls early in the morning and late at night, you want to avoid bankruptcy at all costs, and most importantly you want to be debt free.

To start with let’s talk about debt consolidation. Debt consolidation, you get all your bills and consolidate them into one single payment. You do not have to get a debt consolidation loan to use this method. In many cases you are able to lower your monthly payments, reduce your interest rates, and get rid of the annoying that collection calls.

Learn from more than 166000 people how they got out of debt

You also have Christian debt consolidation which is similar to debt consolidation their also incorporates Christian values to help you pay off your debt.

Next, let’s talk about debt settlement. This process allows you to negotiate with your creditors and reduce your outstanding balances by up to 40 to 60%. The goal is to have you debt free in less than 36 months. This is two years sooner than a Chapter 13 bankruptcy. Debt settlement is an alternative to bankruptcy. The effects to your credit report and credit score are similar except that bankruptcy is in the public record whereas debt settlement is not.

Free Help With Debt Problems

Finally you have debt management. This involves getting debt assistance from a credit counseling company through a payment plan with your creditors that can reduce your interest rates and reduce or possibly waive some late fees. This is called a debt management plan or DMP.

So which one should you go with? Again since we are talking several thousand dollars worth of debt it is not an easy decision to make. Whichever method you choose can affect your financial life for several years to come in good ways and in bad.

I’ve recently partnered with debt consolidation care, an online get out of debt community that offers a free debt counseling session to analyze your financial problems and see which method would work best for your situation. They have helped over 169,000 people pay off their debt. You can talk to them for free and get a customized solution for you. They can help you with these debt cures.

Talk to you soon,

Adam

Debt Cures Reviews

Debt Cures - Eliminate All Your Debt Problems In 12-18 Months

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Talk about Debt Cures, how would you like to be free from credit card debt in 12 to 18 months? Take a moment to read this post and you can see how it is possible.

Here’s why you want to read this. You can drastically cut down the years you will be paying on your credit card companies. If you are struggling to make the minimum payments, you can be paying on the same debts for 20 years or more. You will not be able to get ahead in life - no saving for college, no saving for retirement, no saving to even go on a vacation.

Here’s what you can get from using debt settlement and debt negotiation and why you want to use the resource I recommend. The creator of the Zipdebt program was an industry insider and helped start several debt settlement companies. He used to work helping people like you settle their debts and would get paid on how much he saved his clients.

Nowadays most of the debt settlement companies charge you their fees upfront and do not base their fees on how much they save you.

So Charles Phelan decided to teach his system and tell people how they could save thousands of dollars in fees by settling their debts themselves. He has helped thousands of clients save millions of dollars over the years.

Here’s how debt negotiation and debt settlement work. Once you start falling behind on your credit card payments, your credit card companies will be more willing to deal with you and offer you a settlement to cover the entire balance you owe.

Here is the simplified step by step process.

You put money into a settlement fund away from your regular checking or savings account. These are the payments you normally send to your credit card companies.

You wait until the banks are ready to make a deal with you, it can take 3 to 6 months.

You settle your debts for a fraction of what you owed.

You get out of debt.

You may be skeptical about all this and that is perfectly normal. But what if it all works? What if it is possible to settle your credit card debts and eliminate all your debt problems in 12 to 18 months?

What if you could be debt free?

What if you took a chance and took this course and it worked? You would save thousands of dollars in wasted money on interest charges and you would actually have some money left over in your account at the end of the month. Wouldn’t that be a great feeling?

Get Zipdebt now and get rid of all your credit card debt problems.

If you wait to act on this the chances are you will never do it and you will be stuck in debt for another 10 to 20 years struggling to get by.

Do it now and become debt free.

Thank you for reading,

Adam

P.S. Eliminate all your debts. This is one of the best Debt Cures I have learned about since starting this site. You owe it to yourself to check it out.

Have no credit card debt, no medical debt, pay off the mortgage, pay off the car and student loans in 5 to 7 years

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What would it feel like to be debt free, totally debt free.  Can you imagine the joy you would feel deep inside you knowing that you owned everything in your life and that everything was paid off…

Click Here To Become Totally Debt Free

I’ve been listening to my copy of John Cummuta’s Debt Into Wealth Course and it’s got some very good stuff in it.

When you hear him explain how you can pay off all your credit card debts, all your medical bills, all your car and student loans and your mortgage in 5 to 7 years on your current income it makes you listen up.

You become very skeptical though. How the heck are you going to pay off a $100,000 mortgage in 5 to 7 years if you only make $30,000 a year!?!?

It’s hard to imagine that it is possible but so many people have tried it and it’s worked for them.

I took a look at my current debt payoffs and it opened my eyes.  Not only could I pay off all my credit cards and student loans, I could start saving money for retirement - something I am sure you have been neglecting a little bit too lately.

I am using the principles in the course and having started to get a little better handle on my finances and I can see the light at the end of the tunnel.

Check out the Debt Into Wealth Course risk free and figure out how much you could save in interest payments if you paid off ALL OF YOUR DEBTS in less than 7 years. You may be able to save over $100,000 in interest by paying off your house early and getting rid of all the credit card debt that you never thought you’d pay off.

Thanks for reading,

Adam

Debt Cures Reviews

If you don’t mind a used copy, you can get one on eBay too:

Shop for John Cummuta’s Debt Into Wealth Course:

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Debt Cures Reviews: Zipdebt vs Credit Solutions

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Edit 4-28-2009: Credit Solutions was recently sued by the Texas Attorney General. I am no longer recommending them. To learn debt negotiation on your own use Zipdebt. To get professional debt settlement help, use Debt Shield.

When you want to eliminate your debt, you have many choices, or “Debt Cures,” as it were.  Bankruptcy and debt consolidation are ruled out because they can cause more trouble then they are worth.  So that leaves paying it all off yourself which can cost you several thousand dollars in interest if you are paying the minimums or using debt negotiation.  The leader in debt negotiation is Credit Solutions.  If you want to do it yourself, there is a training course called Zipdebt.

Doing your own debt negotiation can save you thousands of dollars.  However, you have to go through the course and learn the process before you can start settling your own credit card debt with a settlement letter. When you go with a debt negotiation company like Credit Solutions, you immediately tap into their experience and expertise and can get the process started sooner.

The biggest difference between doing it yourself and hiring a debt negotiation company is the cost. While debt settlement can cost you several thousand dollars in fees, doing it yourself will cost you $400 no matter how much debt you have to settle.

The best option is to do it yourself because no one will look out for your best interests better than you will.  For this reason I would recommend you take a look at settling your own credit card debt with Zipdebt.

But I also realize that not everyone has the time to learn the process and is already stretched for time as it is working as much as you can just to pay the bills and this is why Credit Solutions would be the choice for you.

Whichever method you choose, debt settlement is the best way to get quick debt reduction, debt cures, without filing bankruptcy and without having to use debt consolidation.

Choose your option below:

1. Zipdebt

2. Debt Shield

Thank you for reading,

Adam

Debt Cures Reviews

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