Thinking About Debt Relief, Debt Consolidation? Some things to consider before diving
Many Texas residents are struggling with tens of thousands of dollars in credit card and personal loan debt, made worse by financial woes caused by the COVID-19 pandemic.
There are options for solving overwhelming debt problems without a new loan or bankruptcy, and Texas Debt Relief Debt Buyback could be your answer.
Many people are unable to qualify for debt consolidation loans due to the very high demands of the borrowers.
Debt Redemption Texas Debt Relief says it can provide several plans to help take the stress out of overwhelming debt – without new loans.
One form of management offered will offer lower interest rates, often between 6 and 10%. Known as traditional credit counseling, these programs don’t require a good credit score and can help pay off credit card debt in about 60 months.
Depending on your current interest rates, you may also receive monthly payments that are lower than your combined minimum payments.
Another program negotiates the remission of a large portion of the principal balances. The additional savings from negotiating down balances rather than interest alone can allow Debt Redemption Texas Debt Relief clients to eliminate debt in just under 24-48 months, often at a monthly cost that is half. or even less than half, compared to making high interest minimum payments.
Debt Buyback Texas Debt Relief also offers an exclusive Advanced Hardship program for those who are in more serious financial difficulty and need the lowest possible monthly cost without bankruptcy.
It’s also important that businesses understand Texas-specific consumer protections, so that you can take advantage of them during your debt relief plan. Always research a business with the Better Business Bureau before doing business, advises Debt Redemption Texas Debt Relief.
When choosing a company to lower interest rates or negotiate principle balances, look for these things first:
Check that any company offering debt relief in Texas is licensed to do so.
Research the business with the Better Business Bureau.
Find out if the company is in Texas or has offices in Texas.
Find out how long the business has been in business.
If it sounds too good to be true, it probably is.
Consultations with a Texas debt specialist are provided by phone or in person at any of the offices, including San Antonio.
For Texans struggling with over $ 10,000 or even $ 100,000 in credit card debt or personal loans, Debt Redemption Texas Debt Relief offers free, no-obligation consultations.
The company is 100% veteran owned and is BBB A + rated and accredited. Click or tap here to find out more.