Helping Texans deal with unbearable credit card debt

Many Texans are at the point where they decide to pay for their living expenses or their credit card payments. Putting the food on the table, leaving the lights on, and especially here in Texas keeping the air conditioner on during the humid summer months is a priority. But what options are there for paying off debts without filing for bankruptcy?

Debt consolidation usually refers to taking out a new loan and paying off existing loans, such as a loan. B. Credit cards. But if you’re struggling to make your payments or are behind on your payments, a debt consolidation loan probably isn’t an option. Another way to consolidate debt is with a credit counseling debt management plan. Instead of using a new loan, the loan advisor lowers your existing credit card rates and distributes your monthly payment to your creditors. You can no longer encumber your registered debts.

A much more aggressive program is sometimes viewed as a form of debt consolidation because you only make one program payment, but your creditors will not receive normal monthly payments, nor will they use a new loan to pay off your debt. Debt settlement or debt negotiation is a way to pay off debt for much less than the settled amount, including the added savings of potentially having decades of future interest charges unpaid. However, this is a hardship program and should only be considered if you need serious relief and want to avoid bankruptcy.

There are many non-government debt relief companies promoting Texans on the internet and cable television. A Texas-based company that only helps Texans may be much better informed about the specific consumer protections provided by state laws. Some out-of-state debt relief can overwhelm Texans for debt relief regulated by the state government. Debt Affordable Debt Consolidation is a Texas-based, 100% veteran-owned company that helps Texans find solutions to their credit card debt and personal loans. These options include a free platform to shop for the best debt consolidation loan, referrals for credit counseling, or a debt relief program to negotiate forgiveness of a large chunk of your debt balances.

If you choose a debt relief program, Affordable Debt Consolidation negotiation fees are typically 20 to 40 percent lower than most overseas companies. To learn more about debt settlement options, call (361) 724-3000 or visit Affordable Debt Consolidation for a free, no-obligation consultation with a Texas Debt Specialist.

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