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Why Choose
Credit Alliance Group
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"Best Places to Work in Dallas/Fort Worth, 2011"
- Dallas Business Journal -
Consumers' Choice Award for Business Excellence, 2011
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Consumers' Choice Award for Business Excellence, 2011
Consumers' Choice Institute -
"Stevie Awards" Best Overall Company of the Year, May 2011. Finalists in the 2011 (9th Annual) American Business Awards
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Proud supporter of local business nationwide.
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Highest standards in online privacy, 2010-2011
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Proud Supporters of the Susan G. Komen 3-Day Race for the CURE, 2011
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Feel Safe & Secure with your own personal FDIC Insured Accounts, 2011
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Members of the United States Organization For Bankruptcy Alternatives, 2010-2011
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"Best Places to Work in Dallas/Fort Worth, 2008"
- Dallas Business Journal -
Member: International Association of Professional Debt Arbitrators, 2010-2011
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Consumers' Choice Award for Business Excellence, 2010
Consumers' Choice Institute -
VeriSign Secured, 2009-2011
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"Best Places to Work in Dallas/Fort Worth, 2009"
- Dallas Business Journal -
D&B D-U-N-S® Registered™, 2005-2011
What Is a Financial Hardship Program?
A Financial Hardship Program is an agreement between a debtor and a creditor to fully satisfy a debt for a reduced payoff amount. It involves a team of professionals who negotiate a lump sum payoff amount with your creditors to be paid out over the next 6 to 36 months. The client achieves this with a lowered monthly payment. It is not a consolidation loan or credit counseling service. A Financial Hardship Program will reduce your current outstanding total balances by 20-80% depending on the status of your accounts and your ability to prove your financial hardship.
When a debtor is unable to fully meet his/her debt obligations due to financial hardships, a Financial Hardship Program is a great alternative to bankruptcy. A Financial Hardship Program is also called debt negotiation. Technically speaking, a Financial Hardship Program is the agreement while debt negotiation is the process through which both parties reach that agreement.
Credit Alliance Group's Financial Hardship Program is one of the most consumer friendly programs you will find.
Keep in mind that Financial Hardship Programs (more commonly known as Financial Hardship Programs) are designed for consumers that cannot afford to properly address their unsecured debts. Ideal candidates for Financial Hardship Programs are consumers that have experienced a financial downfall due to a decrease in income, death, divorce, medical adversity or any other of life's "down falls" that are causing them to miss payments or be late with payments to creditors. Bad things happen to good people. This is where a Financial Hardship Program will benefit the consumer public the most.
These programs ARE NOT designed for consumers who CAN make on time monthly payments and are simply mad or upset with creditors for raising interest rates, minimum payments or both! There are other alternatives for these clients and Credit Alliance Group will gladly show you the best program for your needs – EVEN IF WE DO NOT OFFER IT.
There are positives and negatives to the Financial Hardship Program Industry. I would encourage any consumer that is in need of financial assistance to do their homework and find out all of the facts before enrolling into any type of Debt Management or Debt Reduction Program. After all, it's your financial well being that we are talking about.
While enrolled in ANY Financial Hardship Program, your accounts will go delinquent or continue to go delinquent if you are already behind. Plain and Simple: Your creditors WILL NOT negotiate an account that is current. These delinquent or late payments and possible future "charge-offs" will reflect negatively on your credit report and drop your overall credit rating. Again, if you can make your payments... a Financial Hardship Program IS NOT the program for you! Clients who are already behind or are about to fall behind and cannot continue to make their payments but want to salvage their credit scores need to realize a few things:
- Doing nothing will add to their overall debt and credit rating woes.
- By missing payments or making partial payments, consumers are doing the same negative damage to their credit report that a Financial Hardship Program would.
- The only way to ever begin rebuilding your already damaged or soon to be damaged credit is to deal with the debt that is causing your credit to drop as we speak.
- We are not a credit repair company or organization and in no way, shape, or form do we represent or imply that our programs will rebuild, correct, or improve your credit score in any way.
Call Credit Alliance Group today and see what options are available to help you get your Financial Life BACK ON TRACK.
Our Financial Hardship Programs
At Credit Alliance Group, we strive to provide excellent service to our clients. Our best advertisement is a satisfied customer!
| Basic Edition | Professional Edition | Premium Edition | |||||||||
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| Total Debt | $20,000.00 | Total Debt | $20,000.00 |
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| 40% Est. Settlement | $8,000.00 | 40%Est. Settlement | $8,000.00 | ||||||||
| CAG Fees | $3,000.00 | CAG Fees | $4,000.00 | ||||||||
| Your Total Estimated Cost | $11,000.00 | Your Total Estimated Cost | $12,000.00 | ||||||||
| Total Amount Saved | $9,000.00 | Total Amount Saved | $8,000.00 | ||||||||
| You Pay: | You Pay: | You Pay: | |||||||||
| 6mo. Program | $1,833.33 | 6mo. Program | $2,000.00 |
Just One Flat Rate $619.95/mo |
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| 12mo. Program | $916.67 | 12mo. Program | $1,000.00 | ||||||||
| 18mo. Program | $611.11 | 18mo. Program | $666.67 | ||||||||
| 24mo. Program | $458.33 | 24mo. Program | $500.00 | ||||||||
| 36mo. Program | $305.56 | 36mo. Program | $333.33 | ||||||||
| Sign Up Now! | Sign Up Now! | Sign Up Now! | |||||||||
Based on $20,000.00 in unsecured debt our Financial Hardship Program would save you approximately $9,000.00 off what you currently owe. If you can pay more on a given month, there is no pre-payment penalty; in fact it's encouraged. You control how long you're in the CAG program. Without this program, that same amount of debt it would take you over 35 years to pay off if you paid the minimum monthly payment.
12 Reasons to enroll in one of our Financial Hardship Programs
We go to work for you as soon as we get your enrollment package; not after you make your first payment. We contact your creditors and file the Request to Cease Verbal Communication on your behalf.
We confirm your balances and validate your debts*
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As a client of Credit Alliance Group™, you will be enrolled in our Collection Call Protection Program.
We allow you to set your first month's payment date so that it is comfortable for you.
We negotiate with all creditors to report your account settled with a zero balance after paid.
We contact your creditors on a monthly basis to keep them informed on your progress.
Full access to our Client Relations Team in case you have any questions.
We will report any bill collector harassment to the FTC on your behalf.
We will provide a detailed financial analysis to determine what programs are best suited for you.
We are a full service company. We do not sell your information to any third party to take care of your account. All of our departments are located under the same roof on the 58th floor of the Comerica Bank Tower Building in downtown Dallas, Texas.
Before enrolling we have Compliance Officers that review your account and your Financial Disclosure Form to ensure you are a prime candidate for our programs. The Financial Disclosure Form is a free budget analysis we use to determine your eligibility.
We work for you NOT your creditors and always strive to do what is honest, fair and right by our clients. We put your needs and circumstances first.
*Validation Services on our Pro Package only
If you are tired of living paycheck to paycheck, with all of your money going to credit cards and unsecured bills; contact us for a Free Consultation. A Senior Credit Specialist will walk you through how our Financial Hardship Programs work. Here at Credit Alliance Group™, we believe that together, we will help you put this credit card debt behind you forever, so you can move forward in life.