Debt Relief and You

Debt Relief and You

If you are feeling overwhelmed with your monthly bills, multiple loans, and you are even ignoring calls from companies you owe money to, it might be time to consider looking at debt relief.

If you are feeling overwhelmed with your monthly bills, multiple loans, and you are even ignoring calls from companies you owe money to, it might be time to consider looking at debt relief.

What is debt relief?

Debt relief is the restructuring of debt owed by consumer to the credit provider by means of reducing the principal amount fully or partially owed, lowering of interest rates on outstanding loans, or extending the term of the loan, consolidating the debt and so on.

The financial speak might sound confusing, but I’ll assure you it’s not nearly as complicated as it seems.

That student loan isn’t going to go away and neither is the debt you have accrued. If you’re thinking I’ll just stop giving my collectors money, you’re ruining your credit rating and adding negative comments on your credit history. You may think a bad credit rating or negative comments will not have an effect on you, but should you want a loan for that dream home or a loan for the new ride you have been drooling over, that lower credit rating or comment could cause you to have higher interest rates or even worse you could get rejected for the loan all together. Bye bye dream home. Bye bye new ride.

If you’re reading this and asking yourself, is debt relief for me ask yourself if you are avoiding calls from creditors, bill collectors, collection agencies, and hiding that stack of unopened bills from the post? If you answered yes, then debt relief is a possibility for you.

Don’t Forget to Clean Your Credit!

If you have already gone through the process of debt relief and now want to start cleaning up your credit history, this is where Clean Credit can help you. We will go through your credit file with you and help you repair your credit history, give you advice on how you can improve your credit rating, and clear the negative comments from your credit history so you can say hello to a possible lower interest rate loan. Say hello to a possible new home and a new ride.

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