Managing one credit card seems easy enough. You can follow a budget, spend wisely, stow away a few bucks in that savings account of yours and make the monthly payments. But as you get older or go through changes—such as starting a family or sending a child to college—you can accumulate more than just one credit card. This is when you find yourself with a wallet full of plastic, but without any cash. This is when you find yourself considering debt consolidation.

Debt consolidation is a means of debt resolution in which you combine all of your debts, such as credit cards and lines of credit, into one single payment. Debt consolidation eliminates your debt by paying it off with another loan. Because you must take out a loan in order to pay all of your other debts, you aren’t really eliminating your debt. Debt consolidation is more accurately described as a tool for organizing your debts. It might make your debt more manageable, but it doesn’t enable you to have debt relief.

There are certainly many aspects of a debt consolidation loan that debtors find attractive. Having a lower monthly payment and a lower interest rate are the benefits of this form of debt resolution. However, what many debtors don’t realize is that debt reduction is not really feasible for the average debtor. To obtain a debt settlement loan you need to have a good credit score, which you probably don’t have if you have been negligent in making payments. You may also need to have equity in your home, which disqualifies renters or anyone hit by the housing market crash. Most important of all, you need to have the ability to repay the loan. If your financial circumstances haven’t changed since you originally went into debt, then you might not really be capable of paying the loan back, thus making you ineligible for debt consolidation.

If you are unable to obtain a debt consolidation loan, you should consider the process of debt negotiation. Many people choose debt settlement over debt consolidation because credit card debt settlement allows you to become completely debt free and you don’t need a good credit score to qualify.

Candidates for debt settlement are people who find themselves unable to make payments towards their unsecured loans, such as credit card bills. Like debt consolidation, you only pay one monthly payment in our debt settlement program, but the difference is that we will negotiate with your creditors to arrange a payment in full that much less than what you actually owe. During the debt settlement process, our company will act as your representation to the creditors, so you will not have to deal with any harassing phone calls or letters. With debt consolidation, your debt and your stress are left remaining, but debt help removes both of these factors.

Why rearrange and consolidate your debt when you can eliminate it completely? You can start on your way to living a debt free life today by fill out our free, no obligation debt settlement form. One of our debt settlement representatives will gladly tell you how you can be rid of the burden of your debt within 12 to 36 months.

List of States where we offer debt settlement

• Alaska AK

  Arkansas AR

  Alabama AL

  Arizona AZ

  California CA

  Connecticut CT

  Delaware DE

  District of Columbia DC

  Florida FL

  Idaho ID

  Illinois IL

  Indiana IN

  Iowa IA

  Kansas KS

  Kentucky KY

• Maine ME

  Maryland MD

  Massachusetts MA

  Michigan MI

  Minnesota MN

  Mississippi MS

  Missouri MO

  Montana MT

  Nebraska NE

  New Hampshire NH

  New Jersey NJ

  New Mexico NM

  Nevada NV

  New York NY

  North Dakota ND

• Ohio OH

  Oklahoma OK

  Oregon OR

  Pennsylvania PA

  Rhode Island RI

  South Dakota SD

  Tennessee TN

  Texas TX

  Utah UT

  Vermont VT

  Virginia VA

  Washington WA

  West Virginia WV

  Wisconsin WI

  Wyoming WY