CreditAllianceGroup™
A company you can trust

YOUR OPTIONS

-› Debt Consolidation Loan
-› Consumer Credit Counseling
-› Bankruptcy
-› Debt Settlement - CreditAllianceGroup™

Debt Consolidation Loan

Debt Consolidation involves pursuing a NEW loan in an amount sufficient to pay-off all your existing debts. One of the challenges with Debt Consolidation is that it involves QUALIFYING for a NEW loan; generally it is difficult for individuals already in debt, or for those who have poor credit, to qualify for new loans. The risk of foreclosure or repossession is high if you fail to meet creditor conditions. Additionally, under Debt Consolidation you are still responsible for the entire amounts of all your existing debts. We also help with credit card debt reduction and credit card debt elimination.

Bankruptcy

Many people faced with financial hardship rush to bankruptcy as a method of resolving their debt concerns, although their problems might have other solutions. We believe bankruptcy should ONLY be used as a LAST RESORT; pursued ONLY after all other debt relief remedies have been explored. A bankruptcy filing is a very detrimental entry on your credit history, and can remain on your credit reports from 7 to 10 years after the bankruptcy filing has been discharged. Bankruptcy will not improve your credit rating. It will also be listed as a public record for anyone to see in the future.

Consumer Credit Counseling

Consumer Credit Counseling Agencies claim to be non-profit agencies that, for an 8-15% fee paid by the lender, can sometimes lengthen the term of your debt and so reduce some of your interest; however, your outstanding debt principal is not reduced. Your creditors will report to the credit reporting agencies that you are working with a credit counseling agency. Most lenders see credit counseling as negative. Additionally, this approach is typically a longer-term approach to debt resolution, taking 5-12 years compared to Debt Settlement, which can be completed in 3 years or less.

Debt Settlement - CreditAllianceGroup™

A typical settlement can be accomplished within 6 to 36 months with a lower monthly payment than any other debt resolution option. Under Debt Settlement we negotiate with your creditors to settle your debt for amounts significantly less than you owe; typically we can settle your debts for 40-60% of your outstanding balances, saving you money on debt principal AND interest, and providing you the opportunity to pay-off your debt faster. We allow you to stay in complete control as we work with you. Take a moment and speak to one of our Sr. Credit Specialist’s and find out how we can help you reach your goal of becoming debt free again. We offer a Basic, Pro, and Elite Edition of our debt settlement programs, so you have the ability to choose an option that fits your needs.

It's time to speak with a CreditAllianceGroup credit specialist that will provide you with the help and support essential to having a lifestyle that you deserve.