http://reducemydebtbythousands.com/co... Someone will personally contact you asap...we are here for you...🙏 WELCOME to the newest and most effective financial product offered in the Debt Help Industry “The Debt Reduction System” Bank Secrets Revealed Toll Free 1-877-370-3883. Bank Secrets Exposed Call Right Now! 💥Toll Free 1-877-370-3883 The four most common questions we are asked:
1. Does debt consolidation affect my credit in a negative way?
No. Debt consolidation does not affect your credit in a negative way. Debt consolidation is often confused with consumer proposals. Consumer proposals affect your credit in a negative way while debt consolidation does not.
2. What will my interest rate be?
We guarantee that when using a private lender, the interest rates you are paying your present creditor will be reduced.
A common misconception within the marketplace is that private lenders charge higher interest rates than the banks do. Considering credit card interest rates range between 17% to 34% compounded interest and payday loans are even higher, a private lender can easily beat these rates due to the fact that private lenders charge simple interest, not compound interest.
On the home page of our web site, there is a segment of a video you can watch that shows, in an entertaining way, how expensive compound interest is, compared to simple interest.
In general, when dealing with a bank, they will quote you a rate with a “take it or leave it” attitude, allowing little to no room for you to negotiate. A private lender will inquire about your file, once it is on our system. With the help of your representative, we will negotiate the terms and conditions and interest rate of your loan(s) with the private lender. This will guarantee to receive a better rate than you are paying your present creditor(s).
3. Are there any upfront fees?
No. There are no upfront fees, or application fees.
4. If there are no upfront fees, how do you make your money?
We do not make any money until we provide you a 25% discount off of what you owe your creditors. Our fee is the percentage of the negotiated discount over and above the 25% discount promised to you. Therefore, if we manage to obtain a 40% discount, we would make 15% while you retain, and save, the other 25%.
The private lender is the one who pays our fee, which creates a win win situation. Therefore, this is a free service to you.
Keep in mind that if your debt is over $20,000.00, you can negotiate a larger discount than 25%.
The rule of thumb is that the larger the amount owed to your creditors, the stronger your negotiation position is to get a larger discount from your new private lender.
WELCOME to the newest and most effective financial product offered in the Debt Help Industry! "The Debt Reduction System" Bank Secrets Revealed.
Canada is moving forward by leaps and bounds. in the last 5 years has evolved immensely by more Debt Credit Counselors referring Canadian Borrowers to the newest and most effective financial product offered in the Canada....
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Debt Settlement Debt can be suffocating. Once you fall behind on monthly payments, it can feel impossible to catch up and get out of the hole. With our debt settlement service, you can speak one on one with a ReduceMyDebtByThousands.com trained debt, people may struggle to make the minimum monthly payment. This is because they are not only paying back what they initially borrowed but are also dealing with interest rates on this amount plus things like overcharge and late fees. Settling a debt will allow you to reduce your monthly payments and the opportunity to reduce your debt principal, not just your interest rates. An effective debt settlement program can typically reduce your total principal by 40 – 60% and get you out of debt in 12 – 36 months but it does affect your Credit in a negative way.
Bankruptcy is very serious and should only be considered as a last resort. It can literally destroy a person’s credit for many, many years and is a matter of public record.
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