Debt Consolidation compared to Debt Negotiation. We offer a better, quicker, and easier way out of debt compared to Debt consolidation programs. Debt Consolidation Programs work for the credit card companies not for you. Our Debt Negotiation Program is designed to get you out of debt in the least amount of time possible.

Debt consolidation "programs". There are two types of Debt Consolidation Programs. One is a debt consolidation loan. This is typically a secured loan that is used to pay off one's credit card debt and "consolidate" the debt into one loan payment. The second is a true debt consolidation program. There are two main types: non-profit and for profit. They are both essentially the same in that they take a "consolidated" monthly payment from the debtor and make payments to each creditor.

Debt Consolidation in almost every instance is an inferior choice to Debt negotiation. Here is why: Debt consolidation costs twice as much as debt negotiation. Debt negotiation will cost as little as half of your current debt amount, whereas debt consolidation will cost 100 % of your debt amount plus interest. A common misconception is that the debt consolidation companies negotiate with the creditors to reduce interest. They do not. The credit card companies have prearranged agreements with the debt consolidation companies. Nothing is negotiated. Debt consolidation will take twice as long to get you out of debt compared to debt negotiation. Our debt negotiation program will get you out of debt in 2-2.5 years on the same budget that debt consolidation will require to get you out of debt in 5-7 years. Debt consolidation has an 80% failure rate. Of the people applying for debt consolidation programs, 80% do not qualify and 80% of those people who try to make it through a debt consolidation program fail. This is because debt consolidation programs require you pay the equivalent of your total minimum monthly payments, sometime more. If people could afford their minimum payments, they would not need the program. With our debt negotiation program we can lower your monthly outgo and still get you out of debt within 3 years.

Debt consolidation programs work for the credit card companies not for you. The credit card companies sponsor virtually all debt consolidation programs. The credit card companies give a percentage of every payment back to the consolidation company. Debt consolidation is nothing more than a collection arm of the credit card companies, whereas with our debt negotiation program, we work exclusively for you. Debt consolidation does not work. If you can afford debt consolidation you probably don't need it. Even the credit card companies ( the ones who set up the system ) don't like these programs. Debt negotiation does work. We settle virtually all debt we take on for pennies on the dollar. Click here to sign up for a free debt negotiation consultation.