Credit card companies want you to believe debt only works one way, but negotiating credit card debt is real and it works.
Credit card companies encourage the popular idea that the life of an overdue debt is a straightforward one – you buy, you owe, and if you don’t pay you’re looking at a lifetime ‘black mark’ on your credit record.
The truth is, you have more power over your debt than you realize, and it’s time to start using it.
You’re treading water, but how long can you really stay afloat financially?
You may be just barely making minimum payments to a few creditors, but how many other things have been put on hold to make that happen?
If you’ve been cutting corners on groceries, utilities, car repair, or other important household needs just to pay a little towards credit card interest, it’s time to stop.
You deserve a better life rather than signing over your paychecks to what feels like endless debt, because of ridiculous interest fees. Use a debt consolidation plan as your life raft and start swimming towards a shore of positive self-reliance.
What does a debt consolidation plan really do?
Debt consolidation won’t solve all of your problems, but it will give you the stress relief and financial space to start making headway on your goals. Here are a few ways that a consolidation plan benefits your life:
- No more incessant calls, emails, and letters from debt collectors.
- A sense of confidence about your financial future.
A positive step towards repairing damaged or less-than-stellar credit.
A low, consistent monthly payment for easier budgeting.
Elimination of the frustrating cycle of interest and overage fees.
Negotiating with one card company at a time, on your own, is wasteful.
If the creditors are calling and sending piles of mail, you may feel like your only option is to approach them directly and try and negotiate a settlement with each card company.
This belief isn’t only false, it’s time consuming and may end up costing you more than you need to pay. The truth is that you can handle all of your debts at once and take the burden off your shoulders.
A debt consolidation plan will help by eliminating exorbitant fees and percentages in favor of a level-headed payment plan that will get your life back on track.
If you’re struggling with credit card debt and aren’t sure where to turn, research debt consolidation plans before you sign off on imbalanced debt collector contracts. You’ve paid enough already – it’s time to deal with a program that tells you not only how much you owe, but gives you the opportunity to brighten your financial future as well.