Non profit Consumer Credit Counseling is another popular debt relief method but you should know the facts about this so called solution. Consumer credit counseling and debt consolidation are grouped together and they have an abysmal failure rate. You can expect to NOT complete a credit counseling program 3 out of 4 times. That is a 75% failure rate. You can read about the statistics here.
So that rules out chapter 13 bankruptcy, debt consolidation, and non profit consumer credit counseling as debt cures for your personal unsecured credit card debt.
There are better options out there that have proven results for eliminating your credit card debt.
What does work?
“With the ZipDebt program, within the 6-12 month coaching period, 71% of clients report full success with the program, 78% or more report being at least halfway done with their settlements, and 94% report at least one settlement.”
You can use debt negotiation and debt settlement to drastically reduce your balances. You can do it all by yourself without hiring a debt settlement firm and you can do it over the phone. You don’t need a credit card debt settlement letter. Letters through the mail take too long. You can get the best settlement offers over the phone.
So if you are experiencing high credit card debts and you are struggling to get by, you owe it to yourself to learn more about settling your own credit card debts. It’s the cheapest option and the one most likely to succeed. Much better than chapter 13 bankruptcy, debt consolidation and consumer credit counseling.
It worked for me to the tune of $43,250 settled for $13,054 on 3 credit cards and reduced a 4th balance from $10,160 to $7778 with a 1% APR interest rate for 5 years.
This is the best Debt Cure I have found and it can work for you.
Let me know if you have any questions or comments below.
Debt Cures Reviews