Wednesday, February 22, 2012

Care One Credit & Credit Card Debt Relief : thebest.ws/creditadvice ...

Care One Credit & Credit Card Debt Relief by Ann Moore

in Finance / Debt Management (submitted 2009-10-09)

About The Care One Credit Counseling Debt Management Plan:

In their debt management plan or (DMP), you deposit money each month with the debt management company or credit counseling organization. The company then uses the money deposited by you to pay your bills each month, credit cards, store cards, medical bills, personal and student loans and any other unsecured debts you may have according to the new payment schedule they?ve arranged with you and your creditors. Creditors may then agree to help by lowering your credit card and loan interest rates or waive certain fees if you are repaying your debt through the new debt plan.

Pros

- Most creditors reduce interest rates and eliminate late fees

- Most creditors reduce your monthly payments ? some up to 57%

- One consolidated monthly payment for your unsecured debts, instead of paying at the credit card bills separately, you make one easy payment

- Collection activity and phone calls should stop quickly

- Less negative credit impact than debt settlement

About Care One Debt Settlement Plan

Their debt settlement plan is designed for people who cannot afford the debt management plan monthly payment. their expert settlement providers work to negotiate settlements with your creditors on your behalf with the goal of allowing you to repay a portion of your debt (typically around 50%) over a 3-5 year period and avoid bankruptcy.

Care One Credit Counseling offers credit card debt elimination programs online. The reputable credit counseling organization employ counselors who are trained in consumer credit, money and debt management, and budgeting to help you get back on track and debt free.

Tip: get a detailed price quote in writing, and specifically ask whether all the fees are covered in the free debt quote.

Discovered Which Debt Relief Companies Are HONEST & RELIABLE Using Our Website http://www.best-debt-help.com

Filed Under: Strategies

Source: http://www.thebest.ws/creditadvice/2012/02/care-one-credit-credit-card-debt-relief/

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Source: http://ysepaabg.posterous.com/care-one-credit-credit-card-debt-relief-thebe

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