Frequently Asked Questions

What is Debt Consolidation?
A restructuring of current debt, under which new terms are negotiated, whereby in most cases payments are lowered and interest rates are reduced or possibly eliminated.

Is Debt Consolidation a Loan?
NO - It is a Debt Repayment Program.

How will this plan effect my credit rating?
We do NOT report to any credit agencies. Only your creditors can report your actions to the credit bureaus. By making payments promptly most people may actually improve their credit rating.

What kind of debt can I consolidate?
All unsecured debt can be included in our plan. This includes major credit cards, department store cards, gas cards, medical & hospital bills, student loans, and unsecured loans. Secured loans such as house payments and car loans CANNOT be consolidated since they have equity behind them.

Can I send more money if my situation changes?
Absolutely, you can always send in additional funds with your monthly payment and there is never a penalty for early repayment. This also enables you to get out of debt faster.

How do I qualify?
You must have the desire to get your finances under control.
You do NOT have to be a home-owner.
You do NOT have to be delinquent in your payments.

If you want to find out how much money you can save every month click here for a Free Quote.