Are you carrying big balances on your credit cards, struggling to make the minimum payments, and living from paycheck to paycheck?
You are not alone. Millions of Americans are in this same situation. According to the American Psychological Association, 72 percent of Americans are stressed about money. Twenty-two percent of them are extremely stressed.
If your credit card debt is causing you stress, now is a good time to evaluate how to lessen your stress by finding the right debt relief option and regaining control of your finances.
Statistics have shown that the average American's debt amount can correlate with their peak earning years. The more you earn, the more debt you are likely to accrue.
The most common types of American consumer debt as charted below are:
Putting off financial issues will not improve your situation; in fact, it will only reduce the number of options that are available to you. If you start today, you can defeat your debt, no matter what your age or situation. The good news is that you do not have to embark on this journey to financial freedom alone.
To successfully begin to resolve your debt, you need to enact a series of measures:
The first question you need to answer is ‘do I need professional help to get my finances back in good order?' Some people who are not in significant debt can resolve their problems on their own. They may need some guidance on budgeting and tracking their expenses, but their situation may not require the services of a debt resolution professional.
A look at the following chart reveals just how much a person with $50,000 in unsecured debt can save by choosing debt settlement over other options such as making only minimum payments on credit card accounts, going through credit counseling, or filing bankruptcy.
(Briesch, Richard. (2009). Economic Factors and the Debt Management Industry.)
ClearOne Advantage has helped thousands of people get out of debt. We know how to hand you back control over your debt and regain your financial freedom.
We can help you by giving you a realistic road map out of debt. A ClearOne Advantage debt settlement plan can help you resolve your debt within a reasonable time frame, without sacrificing the things that matter to you.
If you have already taken some measures of your own to dig your way out of debt, we can assess what you are doing well and what you need to change. Our Certified Debt Specialists can give you a personalized plan and list the options you have at your disposal.
A ClearOne Certified Debt Specialist can negotiate with your creditors to get you repayment concessions where you typically end up paying less than the amount you currently owe, which allows you to get out of debt more quickly.
Through debt resolution, you are not walking away from your debts. Rather, you are reaching an agreement with your creditors to satisfy the debt for a lesser amount than what is owed. A creditor is typically willing to do this because they realize that someone facing financial hardship has options available such as bankruptcy that may result in the creditor not receiving anything at all.
Debt relief plans are suitable for the settling of unsecured debt, such as credit card debt, medical debt, and personal loans.
Debt settlement may have some negative impact on your credit score, but this damage is much less significant than what declaring bankruptcy inflicts.
The ClearOne Advantage debt relief process starts with a 20-minute consultation with a Certified Debt Specialist at 888-340-4697. The specialist creates a customized relief plan, answers all questions you may have about it, and thoroughly explains the plan to you.
ClearOne Advantage does not charge any upfront fees for this service. We only earn money when you settle your debt and save money.
Getting out of debt is possible, and we can help you reach your goals with a reasonable, workable plan. Get a personalized debt relief plan from ClearOne Advantage at 888-340-4697 and take your first step toward financial freedom today. Get a personalized debt relief plan from ClearOne Advantage.
I wish to thank you for all of your agency support and encouragement. The last two months have been very stressful due to the accounts going legal. It has been also very rewarding to get through this process and have a good grip on our future and we have started this planning and example for our children.