"The market has changed and consumers need to be aware of that," says Brad Stroh, managing partner of Bills.com, a website that helps consumers manage and pay their monthly bills."It's harder than ever to get a refinance loan or a HELOC loan due to the credit crunch." Stroh's advice: "Think strategically.National Debt Relief provides all the forms necessary to notify your creditors you’ve entered a hardship program and gives you access to a client dashboard where you can get updates on how your settlement is proceeding.
HELOCs had been a popular method to consolidate credit card debt prior to mid-2007.
Based on our research and experience speaking with its representatives, this settlement company can reduce debt by up to 49 percent and has fees within the normal range of 15 to 20 percent.
The representatives we spoke to were quick to reply and thoroughly explained the entire program to our secret shoppers.
Although you can never borrow your way out of debt, you can greatly reduce the amount of interest you pay every month.
Depending upon the credit card balances you’re currently carrying, this could save you lots of money—hundreds of dollars, perhaps thousands. Start down the road to debt relief right now by applying for a loan at Prosper.