Our credit card debt reduction programs only last for 36 months because we understand how exhausting debt can be psychologically and emotionally. Getting you debt-free is our first concern; our debt settlement solutions are the means to do this right away.
Although most of our plans last 12 to 24 months, we do offer lengthier ones for folks who really cannot afford to quickly clear debt. Our extended programs are rather flexible in terms of payment schedules and last 36 to 48 months.
Many individuals are not quite sure what debt consolidation loans vary from a debt settlement program. Both are means of debt relief for other debts including medical expenses and personal loans as well as credit card debt. The two largest variations are:
Differences Between Debt Settlement vs. Debt Consolidation Loans
| Debt Settlement | Debt Consolidation Loans |
|---|---|
| Reduces total debt by up to 60% | Lowers interest to 3-5% |
| Eliminates interest entirely | Shows up on the credit report |
| Does not show up on the credit report | Combines all debts into a monthly payment |
| Combines all debts into a monthly payment | Lowers monthly payment by up to 2 times |
| Lowers monthly payment by up to 3 times | Programs start at 48 months and are usually longer |
Call us at (888) 803-7889 our counselors today to find out more about what types of programs are available for you!