How It Works

Learn everything you need to know about how to eliminate debts here. We'll explain how debt consolidation works and what some of the benefits are.

About Debt Consolidation

Debt consolidation is the fastest and most convenient way to eliminate debts. The process works by taking your multiple, high-interest debts and bundling them into one monthly payment. In doing so, you are able to reduce your payment burden and eliminate debts faster. We are able to dramatically lower your interest rates because we have agreements with most major creditors where we have negotiated lower interest rates exclusively for our customers. Here is how debt consolidation works to eliminate debts:

1. You apply online to eliminate debts. Your first step is to fill out our free, online application for debt consolidation. The application is very brief and should only take a few minutes to complete.
2. We apply our exclusive interest rates to your debts. Even before you become a customer, we have pre-negotiated agreements for reduced interest rates with most major creditors. When you sign up to eliminate debts, we consult our rate sheet to determine your new interest rates for your particular creditors. Usually, we are able to reduce your interest rates to an average of 0%-8%. Your monthly payment is then determined based on these reduced interest rates.
3. You pay your consolidation service once per month. After we consolidate your debts, you will make one payment each month to your consolidation service. You will only have to worry about making one payment to one creditor instead of dozens.
4. We divide your payment among your creditors for you. When you sign up to eliminate debts, part of our service is that we will pay your creditors for you. That way, you know your bills are always paid on time, and you never have to deal with your creditors directly ever again. Every month, we will take your payment and divvy it up among your creditors for you.

Why Eliminate Debts

Using our debt consolidation service to eliminate debts can help you in several ways:

• Help you avoid bankruptcy
• Prevent damage to your credit
• Stop creditors from harassing you
• Save money on monthly payments
• Get out of debt quickly without breaking your budget