Do you wanna know if you can settle your credit card debt if you are still current?

You can always call up your lenders and have a conversation with them, explain your financial situation, and why you are in a financial hardship and see if they would be willing to work with you.

They may be able to work with you more than you expect.

Most of the time they would do a one to two month grace period, maybe allowing you to make a partial payment or make a payment with no interest.

However, if you’ve already fallen behind and you already have late fees and a lot of payments to make up, then you may be in a true financial hardship and in that case you may wanna consider debt relief or debt settlement.

If this is you, feel free to visit us on our website at alleviatefinancial.com to speak with one of our debt experts to see if debt settlement is even the right option for you.


How Debt Relief and Debt Settlement Work?

Debt Relief and Debt Settlement is a negotiated agreement by which a creditor accepts less than the total amount owed to legally satisfy a debt.

Settlement programs typically last 24-48 months and are highly dependent on factors such as delinquency, creditor policies, the number of accounts, and the total dollar amount of the debt.

Debt settlement services have existed in some form since the advent of debt itself.

The modern industry has seen significant growth in the 21st century, largely due to the easing of lending requirements by financial institutions.

In addition, today’s borrowers are taking on significantly more debt than their parents had at a similar stage in life and are subsequently paying off that debt at a slower rate.

[ECONOMIC INQUIRY, 2013]

These large debt loads and slower payoffs, coupled with today’s high-interest rates, mean that without intervention many borrowers could be paying off these loans for decades.

While there are a multitude of interwoven causes for these trends, industry experts point to increased access to larger amounts of credit coupled with a reduction in the social stigma of being in debt.

Debt Settlement Calculator | Alleviate Financial

Schedule Your Free Debt Analysis

Potential clients speak with a certified debt specialist regarding their financial situation.

The debt specialist evaluates the caller’s financial situation and suggests the optimal debt relief strategy.

Clients choosing to enroll in our debt relief program are then guided through the enrollment process.

Use Our Debt Settlement Calculator | Alleviate Financial

Enroll Into Our Debt Relief Program

Signed enrollment documents are processed and the new client receives a call from our team of dedicated account managers to welcome them to the program.

Account managers are available 24/7 and remain in active communication with clients throughout the program.

Talk with Us About the Debt Settlement Calculator | Alleviate Financial

Negotiations & Settlement

Our talented negotiations team begins working on client accounts immediately.

When settlement offers are received they are first reviewed for accuracy and then presented to clients for approval.

This process repeats until all client accounts have been settled.

 

Debts Resolved!

Your debts will be resolved in a few short years or even months so you can have a new beginning financially.