Repair Bad Debt
Get out of debt quickly without straining your budget
If you have a lot of debt, you are not alone. Not counting mortgage debt, the average American household has about $20,000 worth of debt. Making just the minimum payments on this amount could leave you in debt for decades. For example, consider a $1,000 charge to an average credit card. If you make 2% minimum payments on this charge, it will take you 22 years to pay off and cost you more than $2300 in interest. This is a discouraging reality, but what do you do if you can't afford to pay more than the minimum payments? That's where we can help you repair bad debt. When you repair bad debt, you can consolidate your debts into one reasonable monthly payment with substantially reduced interest rates.
You Can Repair Bad Debt
We can help you repair bad debt through debt consolidation. Debt consolidation is a professional service that helps you get out of debt affordably in just a few short years. You can repair bad debt with this service because your consolidation company will apply drastically reduced interest rates to your accounts. This means more of your payments will go toward paying down the principal of your debt rather than interest payments. Debt consolidation companies enable you to repair bad debt by having pre-arranged agreements with most major creditors. These agreements entitle debt consolidation customers to low interest rates that are not available to the general public. The lowered rates are applied to your accounts, you make one payment each month to your consolidation service, and the service then distributes the payment to your creditors. Examine how repair bad debt works on the following page. Here are a few of the benefits you can expect when you repair bad debt:
- Reduced interest rates average from 0%-8%
- Slash your monthly payments by up to 60%
- Become debt-free in an average of 4-8 years
- Improve your credit
- Free up money in your monthly budget for other expenses
- Let your consolidation company deal with your creditors
- Combine your debts into one simple monthly payment
Sign up Now to Repair Bad Debt
You can sign up now to repair bad debt by filling out our online sign-up form. The form will ask you for basic contact information, such as your name, phone number, email, etc. As soon as we have your form, we will refer you to a company that can provide you with a free quote on services to repair bad debt. Sign up today!