Managing an overwhelming credit card debt or personal loan can be quite stressful. If you cannot keep up with the payments, then it is high time to consider a Credit Settlement program.

credit card settlement

Global Debt Advisory helps clients and business entities understand the best possible approach when and how to approach credit settlement. How will you know it is a viable solution for you? Well, here are some signs that will show you whether it’s already time for credit settlement:

 Let’s look into signs that could mean you already need to consider credit settlement.

 

You’re Struggling to Make Minimum Payments

With just minimum payments on credit cards and loans, debt may continue to increase with such high interest rates. But when the payments don’t bring in much of a reduction of the outstanding balance, settling that debt can be faster because it can negotiate a single-lump payment for less than the amount owed.

 

You’re Constantly Receiving Collection Calls

When the creditors start sending regular reminders and collection agencies start calling, you know that your situation is getting critical. You can then use credit settlement and negotiate directly with the creditors to reduce the pressure of such aggressive collection tactics.

 

Your Debt-to-Income Ratio is Too High

If the highest percent of your income is taken up by monthly debt obligations, you cannot afford the lifestyle you are maintaining, nor can you use it to pay for other living expenses. So, credit settlement will come to your aid by consolidating or negotiating reduced payments.

 

You’ve Tried Other Debt Solutions Without Success

For many people, the old ways of consolidating debt or paying off debt just aren’t enough. If you’ve tried everything else and yet nothing seems to be changing, then maybe credit settlement can help get you back up on your feet by minimizing your total amount of debt, taking control of your financial life.

 

You’re Facing Potential Bankruptcy

When bankruptcy looms close, then credit settlement could be the best alternative that will help you avoid long-term negative consequences from declaring bankruptcy. Most negotiations usually settle debts at a reduced total amount to what is owed to you, thereby saving you the need for filing a formal bankruptcy.

 

Why Choose Global Debt Advisory for Credit Settlement?

 

  • Customized Solutions: Our settlement strategies are customized to fit your unique financial situation.
  • Proven Track Record: More than 10 years of experience assisting clients in lowering and managing debt.
  • Highly-skilled Negotiators: My service works directly with creditors toward the best possible settlement conditions.
  • Financial Education: It is not just paying the debt, but we equip you with tools and knowledge that would help you to deal with your finances and not have to fall into debt anymore.
  • Stress-free Process: Paperwork and negotiations will be taken care of by us, so the process itself will not be stressful for you.
  • No Upfront Charge: Clear, transparent pricing-no upfront charge-no hidden charges.

credit card settlement

If you are carrying a bundle of debts and require professional assistance, then Global Debt Advisory is the best help for you. Its Credit Settlement service reduces financial burdens and gives you an opportunity to shine bright again, debt-free. Contact us today!