Debt Help San Diego, quality information on the debt settlement process

Credit Card companies = Sharks
For many years, credit card companies have figured out how to entice consumers to purchase more using marketing and other techniques to get them into deeper credit card debt. Because of this, we are seeing many American households with high credit card balances, struggling to pay their minimum payments and watching their balances increase. Congress recently passed legislation to curb credit card companies’ practices but for many consumers it is just too late. For this reason, we encourage consumers to get educated because an array of solutions exists to help deal with high credit card debt. There are several solutions to dealing with debt but one of the approaches we recommend is debt settlement.  

Choose the right company and program with the help of our FREE guide
Debt Help San Diego is offering a FREE guide to educate you on the “10 Things you Must Know about Debt Settlement.” Choose the solution that is right for you after you are armed with all the facts.

Understand all the solutions but consider the many benefits of debt settlement
Debt Help San Diego wants consumers to understand that there are many benefits to being in a debt settlement program. For one, you get to decrease the amount of outgoing cash flow every month to creditors. For example, let’s assume you are sending $1500 in minimum payments to creditors every month. Image being able to keep roughly $675 of that cash every month diverting it to other pressing needs like housing and utility bills*. The $825 you would be setting aside each month would be used to target the principal credit card balance of what you currently owe. In addition to decreasing your monthly cash flow, a benefit to debt settlement is the ability to avoid bankruptcy. A bankruptcy can mean the denial of a security clearance or job depending on the position. With a bankruptcy, you are almost guaranteed to pay higher interest rates for automobiles, housing and other financing. A bankruptcy also pretty much guarantees a denial for a small business loan due to the stricter underwriting guidelines. In some cases, housing or business leases may require a higher security deposit. In addition to avoiding bankruptcy, a debt settlement program may be able to reduce harassing phone calls. This is done by redirecting creditor calls back to the debt settlement company with a special device.* Also, on a case-by-case basis, the debt settlement company may directly engage the harassing company if any laws are broken. Joining a professional debt settlement program has the added benefit of easy access to experts in the field of negotiation to help guide you through the process. 

Call 1-800-669-3926 for your FREE consultation and don’t forget to pick up your free guide
At Debt Help San Diego we strongly recommend you get your copy of our FREE guide by filling out our form. Or, you can also call 1-800-669-3926 to speak with a live debt specialist. Don’t let your debt spiral out of control. Get debt help in San Diego by calling Practical Debt Relief today.