How can I qualify for a debt consolidation program?
If you have over $10,000 in unsecured debt, the willingness to pay down your debt and a commitment to ending the cycle that go you here in the first place, then you have all the qualifications you need for debt consolidation. If you would like the opportunity to speak with a debt solution specialist to determine your best choices, contact us at 1-800-621-4-GOD (4463) or complete the online application to talk to a debt specialist absolutely free.
How does the program work?
We pair you with only the best and most knowledgeable debt solution specialists in your area. They will conduct a FREE, no obligation consultation with you to go over your current debt situation. They will then offer you the best solution for your circumstances and how much it will cost you. If you feel that you are not ready for this or wish not pursue debt services, you do not have to accept any of it. However, your specialist will give you a toll free number so , when you are ready, you can call back – ready to dive it and tackle your debt.
Can I still use my credit cards?
No. Any account that you submit for debt consolidation, debt settlement or other type debt management renders it closed. After all, you are trying to pay off the account, not add more debt.
What is the difference between debt consolidation and debt settlement?
The main difference between debt consolidation and debt settlement is the method by which you pay off your debt. Debt consolidation is the process of taking out one loan to pay off various type of unsecured debt. With debt consolidation, you can apply for a home loan or personal loan that is used to pay off debt.
Debt settlement, on the other hand, pays your existing debt for a fraction of the total debt amount. In most cases, paying off 40% to 60% of the debt amount is not unheard of. But, please note that it will be different for every case. As debt settlement is the most aggressive form of paying off debt, you will be required to make monthly payments to an account that acts like a savings account. Once you have accumulated enough money, it will be used to pay off creditors. Accounts submitted for debt settlement are also closed after the settlement offer is made.
How do I make the payments for my program?
You can choose typical snail mail, bill pay or various other methods to make payments. Talk to you debt solution specialist for setting up bill pay or any payment method that works for you.
I have extra money for the month; can I use it for payment?
We do highly encourage you to make larger payments if possible. Making larger payments means that you can pay down your debt quicker, which, in turn, means that you'll be out of debt faster.
There's an account I forgot to add, can I add it after I have applied for debt consolidation?
Adding extra accounts is just another way Christian Debt Consolidation.com helps you get out of debt. If there's an account that you need to add or forgot to add, talk to you debt solution specialist. They are more than happy to help you out of debt anyway they can.