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Debt Settlement Can Reduce
Your Debt up to 50%
Contact us today for a Free Debt Analysis
Our goal at VisionDebt.com is to educate and consult our applicants to make an
intelligent decision to get out of debt. There are typically a few different ways to
eliminate your debt: Credit Counseling, Debt Consolidation, Bankruptcy, Pay Only
the Minimums and Debt Settlement. At VisionDebt.com, we believe our methods
and solutions is the best option for most consumers. If you would like to learn
more about our services, please feel free to fill out the form to the right or call us for
a free consultation at:
(877) 501-3328
Credit Counseling
In Credit Counseling, a client will have their interest rates lowered to a certain
percentage and pay the counselors and they pay the creditors. The Credit
Counseling firm will keep a certain percentage for their services. As most firms are
stated non-profit, many are getting their non-profit status revoked by the IRS for the
reason of not paying the debts on time and charging more interest then what is
allowed by regulation.
Consumer Credit Counseling, also known as CCCS, you still pay back 100% of the
money borrowed plus interest, usually around 15%, and can take up to 7-9 years to
become debt free. The draw back to this method is that most home lenders look at
you being in a counseling program as a "walking bankruptcy" and you will be
immediately disqualified to purchase a home while in the program.
At VisionDebt.com we help you get out of debt within 12-36 Months while reducing
your debt usually by 50% so you can become debt free and purchase a home for
yourself or for you and your family. Why not become debt free as soon possible
and not be stuck in a counseling program for years to come.
intelligent decision to get out of debt. There are typically a few different ways to
eliminate your debt: Credit Counseling, Debt Consolidation, Bankruptcy, Pay Only
the Minimums and Debt Settlement. At VisionDebt.com, we believe our methods
and solutions is the best option for most consumers. If you would like to learn
more about our services, please feel free to fill out the form to the right or call us for
a free consultation at:
(877) 501-3328
Credit Counseling
In Credit Counseling, a client will have their interest rates lowered to a certain
percentage and pay the counselors and they pay the creditors. The Credit
Counseling firm will keep a certain percentage for their services. As most firms are
stated non-profit, many are getting their non-profit status revoked by the IRS for the
reason of not paying the debts on time and charging more interest then what is
allowed by regulation.
Consumer Credit Counseling, also known as CCCS, you still pay back 100% of the
money borrowed plus interest, usually around 15%, and can take up to 7-9 years to
become debt free. The draw back to this method is that most home lenders look at
you being in a counseling program as a "walking bankruptcy" and you will be
immediately disqualified to purchase a home while in the program.
At VisionDebt.com we help you get out of debt within 12-36 Months while reducing
your debt usually by 50% so you can become debt free and purchase a home for
yourself or for you and your family. Why not become debt free as soon possible
and not be stuck in a counseling program for years to come.
Debt Consolidation
Unfortunately debt consolidation is one of the most common methods to get out of debt. Although consolidation does not eliminate but
is just merely a temporary solution. Debt Consolidation is usually obtain through a Home Equity Loan, a consumer will borrow equity
against their home to pay off existing credit card or unsecured debt. The major problem with this method is to take an unsecured debt
and you are now securing to your home in most cases. Now people may find themselves in deeper financial trouble then they were
originally.
We have found that 80% of Americans that decide to go with this method end up charging their unsecured debt back to the previous
balance within 2 years. This can be dangerous considering your equity is now been depleted with your previous balance on your
unsecured debt haunting you once again. You could lose your home, car or may have to consider bankruptcy, which can be an
extremely exhausting process.
At VisionDebt.com, we feel it is best to eliminate your debt completely and not just put a "band-aid" on the situation. We focus on
helping you get out of debt within 1-3 years while reducing your unsecured debt by half in most cases. We have seen many cases
where people have put their homes at risk and have gone into foreclosure or have lost their personal assets.
Bankruptcy
Bankruptcy is another method to potentially get out of debt, unfortunately it comes at a price that can be extremely exhausting and can
have damage you financially, socially, and emotionally. Bankruptcy can be an intrusively overwhelming process, almost all of your
transactions are monitored while your case is open which can literally take months. It WILL impact your credit for 7-10 years and can
stay in public records for up to 20 years. Any private employer has the right to deny you for employment.
Since the Bankruptcy reform act of October 2005, it has become very difficult to obtain a bankruptcy. Depending on which chapter you
decide to file, in most cases you will still pay back 100% of your debt plus court and attorney fees. We have seen people forced into a
court ordered re-payment plan that can last up to 7 years. Bankruptcy is a long, painful process that can effect you for a very long time,
sometimes even for life.
VisionDebt.com strongly believes we are the best solution compared to bankruptcy. We have short term programs to help you become
debt free within 12-36 months while reducing your debt by half. If you are considering bankruptcy please give us a call and let one of
your debt consultants explain the extremely intrusive process of a bankruptcy. As we are a Great alternative to bankruptcy.
Pay Only Minimums
Unfortunately, most Americans are struggling to make their minimum payments each month. If you can only pay the minimums, or
maybe you pay a little more than the minimums, its a sign that you may owe too much. This is called a debt to income ration on your
credit which makes up 30% of your score. So in a sense if you pay your monthly payments on time each month your credit still may be
affected if you owe too much money. Paying only the minimums is designed to mostly go to interest and not pay down the actual debt,
thus this may take years upon years to get out of debt.
We have seen many people deplete their retirement, savings, 401k's, etc, to try and keep making their monthly payments and not ever
find Financial Freedom. We find that many people may miss a payment or late on a payment and their interest rates go up on all of their
credit cards. You may ask, why does this happen? It happens because of a Universal Default which is known by ALL creditors to have
the right to raise your interest rates if another one of your creditors raise their rates. Sound unfair? It is, but it is in all of the fine print
when we fill out the application to receive a credit card. Imagine paying your minimums at 12% and having all of your credit cards jump
to 25-29% and in some cases up 32% or more..
The fact is, if your debt is $30,000 and you only make the minimum payments it will take you 492 months to be rid of your debt. In that
time, you will pay $44,615 in interest alone, plus your original $30,000. At VisionDebt.com, we feel this is the most obtrusive way to try
and rid your debt. In most cases we can cut your monthly payment by half, reduce your debt by half and help you become debt free
within 1-3 years and create a Vision for you to gain Financial Freedom.
Unfortunately debt consolidation is one of the most common methods to get out of debt. Although consolidation does not eliminate but
is just merely a temporary solution. Debt Consolidation is usually obtain through a Home Equity Loan, a consumer will borrow equity
against their home to pay off existing credit card or unsecured debt. The major problem with this method is to take an unsecured debt
and you are now securing to your home in most cases. Now people may find themselves in deeper financial trouble then they were
originally.
We have found that 80% of Americans that decide to go with this method end up charging their unsecured debt back to the previous
balance within 2 years. This can be dangerous considering your equity is now been depleted with your previous balance on your
unsecured debt haunting you once again. You could lose your home, car or may have to consider bankruptcy, which can be an
extremely exhausting process.
At VisionDebt.com, we feel it is best to eliminate your debt completely and not just put a "band-aid" on the situation. We focus on
helping you get out of debt within 1-3 years while reducing your unsecured debt by half in most cases. We have seen many cases
where people have put their homes at risk and have gone into foreclosure or have lost their personal assets.
Bankruptcy
Bankruptcy is another method to potentially get out of debt, unfortunately it comes at a price that can be extremely exhausting and can
have damage you financially, socially, and emotionally. Bankruptcy can be an intrusively overwhelming process, almost all of your
transactions are monitored while your case is open which can literally take months. It WILL impact your credit for 7-10 years and can
stay in public records for up to 20 years. Any private employer has the right to deny you for employment.
Since the Bankruptcy reform act of October 2005, it has become very difficult to obtain a bankruptcy. Depending on which chapter you
decide to file, in most cases you will still pay back 100% of your debt plus court and attorney fees. We have seen people forced into a
court ordered re-payment plan that can last up to 7 years. Bankruptcy is a long, painful process that can effect you for a very long time,
sometimes even for life.
VisionDebt.com strongly believes we are the best solution compared to bankruptcy. We have short term programs to help you become
debt free within 12-36 months while reducing your debt by half. If you are considering bankruptcy please give us a call and let one of
your debt consultants explain the extremely intrusive process of a bankruptcy. As we are a Great alternative to bankruptcy.
Pay Only Minimums
Unfortunately, most Americans are struggling to make their minimum payments each month. If you can only pay the minimums, or
maybe you pay a little more than the minimums, its a sign that you may owe too much. This is called a debt to income ration on your
credit which makes up 30% of your score. So in a sense if you pay your monthly payments on time each month your credit still may be
affected if you owe too much money. Paying only the minimums is designed to mostly go to interest and not pay down the actual debt,
thus this may take years upon years to get out of debt.
We have seen many people deplete their retirement, savings, 401k's, etc, to try and keep making their monthly payments and not ever
find Financial Freedom. We find that many people may miss a payment or late on a payment and their interest rates go up on all of their
credit cards. You may ask, why does this happen? It happens because of a Universal Default which is known by ALL creditors to have
the right to raise your interest rates if another one of your creditors raise their rates. Sound unfair? It is, but it is in all of the fine print
when we fill out the application to receive a credit card. Imagine paying your minimums at 12% and having all of your credit cards jump
to 25-29% and in some cases up 32% or more..
The fact is, if your debt is $30,000 and you only make the minimum payments it will take you 492 months to be rid of your debt. In that
time, you will pay $44,615 in interest alone, plus your original $30,000. At VisionDebt.com, we feel this is the most obtrusive way to try
and rid your debt. In most cases we can cut your monthly payment by half, reduce your debt by half and help you become debt free
within 1-3 years and create a Vision for you to gain Financial Freedom.
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"Helping America Become Debt Free, One Client at a Time"
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