Debt Relief Options
Which solution is right for you?
Are you struggling with debt? You are not alone. Millions of Americans are struggling with sky-high interest rates, stagnant wages, and unstable employment.
Will debt relief help? If you are looking for a way to resolve your debt, take some time to weigh the pros and cons of your debt relief options. The important thing to know is that there is no one-size-fits-all solution. The solution that is right for you depends on your specific circumstances. As a member of the Freedom Financial Network, Freedom Debt Relief can help review your options and figure out which is best for your situation.
See some of your debt options below:
Minimum Payments - Making your minimum payments may keep you looking "decent" on paper, but you pay a heavy price: interest.
Debt Settlement - It is also known as debt resolution or debt reduction, and often the cheapest way to resolve your debts while avoiding bankruptcy.
Credit Counseling - If you are having difficulty paying your bills each month and need only moderate debt relief, credit counseling may help.
Debt Consolidation - The most common form is a cash-out refinance loan, using equity in your home to pay off credit card debt.
Bankruptcy - Bankruptcy debt relief is generally considered to be an option of last resort due to its harsh impact on credit and lifestyle.
Which type of debt relief is right for you?