Consolidating debt to mortgage
Once all of your other accounts are paid in full, there is only one payment to make every month – the one to the new lender.
Since the interest rate on a personal loan is often considerably lower than on a credit card, and the repayment term potentially much longer, the consolidated payment may be much lower, as you indicated.
We have met the highest quality standards and are committed to helping you get your finances back on track through counseling and education.
Many of us have been where you are today, and understand the emotional burden that debt can place on a person.
With these programs, the debt settlement company may be able to secure lower monthly payments with your creditors by negotiating a reduced balance on your accounts.
You then make one “consolidated” payment to the debt settlement company each month, and in turn the company makes payments to each of your creditors on your behalf.
Providers of Care One Debt Relief Services are industry leaders committed to offering the best debt management programs available.
If you are struggling to keep up with your monthly payments, consolidating your debt in this way can certainly help alleviate financial stress.