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If you are having difficulty paying off your debts, don’t despair - help is available. There are a few different solutions, and we will help you find the one that’s right for you, based on your situation.

Every day, more and more Americans are finding themselves trapped by the amount of money they owe. Foreclosures are at an all-time high, and bankruptcies are also on the rise.  The interest rates on most credit card debt are so high that virtually none of the monthly minimum payment goes to paying down the principal debt – almost all is purely interest.

Why are credit card interest rates so much higher than mortgage or car loan rates? Because   mortgage loans and auto loans are secured debts. The home or the vehicle is security (collateral) for the lender – if the payments aren’t made, the vehicle will be repossessed or the home will be foreclosed on, and the given to the lender.  Credit card debt, like medical bills, cell phone bills and many other debts are Unsecured Debts. The lender has no collateral, simply the signature and promise of the borrower to repay the debt according to the creditor’s terms, terms that often change drastically, and without notice.  The interest on unsecured debt, especially credit card debt is substantially higher than it is on secured debt, which is why a much higher percentage of monthly paymentsis interest. What does this mean for you? That most of the money, in many cases almost all of the money that you pay in credit card bills each month doesn’t lessen the amount that you owe. So, like so many other Americans, you find yourself trapped, spending hundreds, even thousands of dollars every month on bills – payments that only buy you until the next month, when you’ll have to pay them again – but never making a dent in the actual principal debt, so you just keep paying and paying, never really making progress on paying down your debts.

Our programs help you get out of debt by restructuring your payments so that more – far more – of the money you pay goes to reducing your principal debt, instead of to interest. We work with your creditors to create a program that’s designed for you, based on the quantity and quality of your debts. We have relationships with most creditors and collection agencies so that we can effectively manage your debt situation and help you get out of debt quickly.

And with unsecured debt, getting out quickly is important. Money makes money. Money earns interest for someone. The monthly payments you make on your credit cards are really interest payments on the money your credit card companies loaned you. If you no longer had the debt, you could put that same money into an account that would EARN interest for YOU instead of the credit card companies.