What Are Your Debt Relief Options?
Continue Making Minimum Payments
If you keep making minimum payments, it could take you more than 30 years to get out of your credit card debt and you would pay 4 to 5 times the amount you currently owe. To find out how much you would pay and how long you would make those payments, contact our Debt Consultant for a free payment estimate.
Debt Consolidation Loan
While a loan on your house may look like a good idea, it may make matters worse. Why? Because you are taking your unsecured credit card debt and putting it on your house, a secured property. Now, if you run into a financial problem, it could cost you your home. According to recent financial articles, foreclosures are 12 times more now, than in 1979.
Credit Counseling Services
Simply put, they work for the banks and credit card companies. The majority of the money they earn comes from an 8% return of your money that they send to the banks and credit card companies. Though they can reduce the interest rates, you can still pay 150% to 200% of what you owe. This process can go on for 8 to 10 years.
Bankruptcy
While this can be a “quick” way out of debt, not only does it give you a bad credit score for 10 years, but even after the 10 years, if you want to buy a house, you must, by law, say that you have had a bankruptcy. You will get much higher interest rates and end up paying out more in interest payments than if you didn’t do bankruptcy.
EFS Debt Negotiation
We help you get out of credit card debt and other unsecured debt through our professional negotiators. For more information on our benefits, CLICK HERE.
Do Nothing
If you are reading this you are probably already in a very bad financial position and know what it feels like to do nothing. Your current situation will only get worse by doing nothing. REGISTER BELOW or CALL US as soon as possible and we will help get you the debt relief you deserve.
EFS PROGRAM BENEFITS
Through the process of negotiation, EFS can eliminate a large portion of your unsecured credit card debt and other unsecured debt for 25% to 70%, without loans or the credit problems that result from a bankruptcy. Depending upon your situation, you can be debt free in as little as 12 – 36 months.
Here are some of the benefits with the EFS debt settlement program:
♦ EFS negotiates with your creditors to eliminate 50% to 70% of your credit card and other unsecured debt.
♦ We work for you, not your creditors.
♦ With your consultant we establish an affordable monthly payment that will get you out of debt quickly that’s within your budget.
♦ All you have to do is make your mutually agreed monthly set aside payment.
♦ We deal with your creditors.
♦ Become debt free far sooner through the EFS program, than with the Credit Counseling services.