Debt relief can come in many ways - you could get a tax refund and apply that to your credit card debt, you could get a raise or bonus and use that.Many people anxious to get out of debt go for the quick and easy scams that promise overnight debt relief. You have to know which company you can trust and provide real debt relief.
Today, I wanted to share with you a review of Credit Solutions of America and show you what kind of debt relief solutions they can provide.
Credit Solutions of America Review:
If you are not familiar with Credit Solutions of America, they are the largest debt settlement company in the US. They will work with your credit card companies on your behalf and try and negotiate down your credit card debts. In exchange for them working on your behalf, they charge a 15% fee.
What kind of results can you expect with Credit Solutions of America? In the average settlement, you can wipe out about 50% of your debt. You could reduce your debts by 50% in 1-3 years.Talk about fast debt relief? Compare that to making minimum monthly payments on your credit cards which can take up to 20 years to pay off and paying thousands in interest charges.
What will it do to your credit though? Since you will not be making your monthly payments to your credit card companies, your score will down. But the question is, would you rather have a low credit score or be debt free? Since you will be debt free, you should not need the use of your credit cards anymore so you need not worry about what your credit score is.
But, after 1-2 years after you use debt settlement, you will start to improve your credit score.That is much better than having your credit ruined for 7-10 years with filing bankruptcy. You can get a free debt relief quote from Credit Solutions of America and then decide if it is right for you.
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