Thank you so much for helping me with my debt. You lifted a weight off my shoulders.
We saved over half of what we owed and it happened in a under a year. What a relief.
Being in debt stinks, but being free of debt is incredible!
I’ve referred several people to Mid America, and they have been very pleased.
If you’re in over $15,000 of credit card debt, you’re like much of the country. It might be due to either job loss, medical issues, the holidays got out of control, or your cards just grew from little expenses here and there.
But there IS a way out. A way that not many people know about. There are other ways you may have heard of to get out of debt, but each has their own pros and cons.
- Debt Consolidation, that means taking out a new loan, if you qualify, at a lower interest rate, to pay off several cards and then just pay for the one loan. If you incur any more debt before you’re done, you dig yourself into a deeper hole. You might save money, but most people can’t make it work and you keep building up interest throughout the process.
- Debt Management/Consumer Credit Counseling, a service that helps you lower your interest rates and manage your payments. But, you can’t use your cards, finance any large purchases like buying a house or car for 4-5 years, and you will still be paying the whole amount with interest. So, $15,000 could cost you up to $24,000 by the time you’re finished.
- Debt Settlement/Debt Negotiation, which is only for debts that are already in default, is where you can negotiate with your creditors to accept a lower amount that you owe. Here, it takes longer to settle, your credit score will take a hit up to 48 months, and takes 3-4 years to complete.
There IS another choice, Debt Assistance, where your debt relief occurs faster, your savings are greater, you can save up to 60% of your debt, plus you pay no taxes on the savings.
Example: $50,000 could cost you only $20,000, plus a modest enrollment fee.
You can quit making only minimum payments to creditors and stop the constant worry and the harassment from them. You can avoid bankruptcy, prevent foreclosures, pay only 40% of what you owe, and all this with NO tax consequences.
The Debt Assistance process only takes approximately 6-12 months, once you are enrolled. And after your debt is taken care of, we can help you with budgeting to keep you out of future debt.
If you are dealing with a lot of credit card debt, and need someone to help navigate the rough waters, then please Schedule Your Appointment below to discuss your situation with a debt expert.
It will set you on the road to financial freedom, today.