Question: Will this program hurt my credit?
Answer: No. We do not negotiate with the creditors like the hardship programs do, such as Credit Counseling or Debt Settlement. Your credit will improve naturally over time. We never recommend you pay less than the minimum amount due. Your debt-to-income ratio will improve which will improve your credit score.
Question: How do you achieve such amazing results?
Answer: It seems like magic but it is just math. The magic comes from the consistent application of the strategy over time. We will assess your specific situation and formulate a strategy. With the same money you’re already spending we restructure your payments to your advantage rather than the lender’s. We create a margin which is used to strategically pay down your principal much quicker and thus achieving the amazing results. It is a combination of strategy and consistency that makes the big difference.
Question: How much does this service cost?
Answer: We offer a FREE consultation to you and present a customized analysis with all the numbers to help you in making your decision. Generally there is no out-of-pocket expense and no increase in your current payments. The cost is only a fraction of what we can actually save you. The more important question is “how much will it cost me to NOT do this program.”
Question: What do creditors think about this service?
Answer: Our service is essentially transparent to them. Every debt will always receive at least the minimum payment due. Credit card companies want to keep you in debt for as long as possible. Their profits come from finance charges and other fees they like to charge you. Our goal is the opposite, to get you out of debt as soon as possible and to help you pay as little interest as possible.
Question: Will this program bring me immediate debt relief and lower my payments?
Answer: No, this is not a hardship program. If you are unemployed or short on cash each month (cash negative) and need immediate debt relief you may not be a good candidate for our service at this time. The free analysis can be very helpful to you either way.
Question: Can I include all of my bills?
Answer: Any and all debts can be included. This includes all credit cards, department store cards, gas cards, medical & hospital bills, student loans, mortgage payments, auto loans, tax debts and any debt you have that accumulates interest. Regular monthly bills such as your electric bill and phone bill are considered expenses and not debts. Debts have a balance that can be paid off completely.
Question: Can I increase the amount of my payments if my situation changes to get out of debt even sooner?
Answer: Absolutely, you can always increase which will get you out of debt even faster. You can also decrease if needed.
Question: What if I get a new car or want to make other changes to my debts?
Answer: Our system is very flexible. We understand that life’s circumstances can change.