Payments
Date: Tue, 07/05/2005 - 14:49
Payments
Hi Welcome to the forums. debt consolidation program is desi
Hi
Welcome to the forums. debt consolidation program is designed to reduce the overall debt of the consumers by a margin of 40% to 60%.
Thus, on every debt with a total of $10000, it is expected to substantially lower it by $4000 to $6000 through the debt consolidation program.
Thus after reduction and negotiation your monthly payment will depend on the number of installments you have to pay as well as on the amount of your contribution towards the original monthly installments. Further the more you contribute towards your original monthly installments the faster you will get rid of your debts.
The debt consolidation program does proper negotiations with the creditors keeping the interests of the consumers in mind. The creditors appreciate the active participation of the consumer in the debt consolidation program and are willing to cut the financial charges and/or the late fees accrued in the total debt.
You will be offered easy monthly installments and at lower rate of interest which will make your payment procedure easier and secure.
Besides that, the debt consolidation program will be offering you budgeting and counseling programs completely free of cost so that you are able to keep a check on your finance. You will be benefited with your enhanced credit score and better credit report.
Regards
Roxette