Affordable Debt Consolidation In Texas Offers Texans Debt Relief
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Tim Wilkins of Affordable Debt Consolidation spoke with Studio 512 co-host Stephanie Gilbert about debt and how some programs can help.
“Many Texans have suffered financially from the pandemic and are now struggling with overwhelming credit card debt and personal loans. Sometimes it can seem impossible to pay off the debt due to high interest rates. Others are struggling to make the minimum payments or have defaulted on payment. For those who have missed payments for several months, many lenders are filing lawsuits against Texans to collect the debt. “
Non-Texas debt relief company
“There are many foreign debt relief companies advertising on the internet and on cable television. Unfortunately, many Texans end up with high fees and promises that are not kept. Affordable Debt Consolidation is a registered DBA of Debt Redemption Inc., a Texas-based company dedicated solely to providing solutions to Texans struggling with tens of thousands of credit card debt or personal loans. “
Below are options that can help you resolve your debt problems:
Debt Consolidation Loans In Texas
“Using a low-interest debt consolidation loan to pay off high-interest credit card debt can be a great way to better manage your finances. You can potentially save a lot of money every month and pay off debt in a few years instead of decades. Unfortunately, for many people, these loans can be challenging to meet the skill requirements. Lenders expect very high creditworthiness and low debt to income ratios to reduce their risk when offering an unsecured loan to pay off a large amount of credit card debt. Applying to multiple lenders can be frustrating. Affordable Debt Consolidation is not a lender, it is an affiliate platform to shop for dozens of lenders offering debt consolidation loans to Texans. There are no fees for reviewing offers and it has no impact on your creditworthiness. “
Credit counseling in Texas
“A debt management plan for credit counseling can be a great option for people who may not qualify for a debt consolidation loan as there is no need to be eligible for a new loan or borrowing. A credit counseling program is considered a hardship plan and typically lowers credit card interest to 10% or less. A credit counseling or debt relief plan is not designed to allow you to continue making changes while you are enrolled. Typically, our monthly payments are less than the minimum payments on a credit counseling plan, and they are designed to pay off the debt in about five years. Affordable Debt Consolidation deploys a nonprofit debt management partner for customers who believe it is the best option for their situation. â€
Texas debt relief
“This is often the best option for those who are really in trouble and want to get their debts off as quickly as possible and with the least amount of money possible without going bankrupt. These programs are not new loans or credit counseling programs, and you do not pay your creditors monthly. Instead, deposit your program payment in an FDIC Special Purpose Savings Account while each account is individually negotiated and paid for for the lowest possible amount. The monthly program can cost less than half the cost of minimum payments, and the programs are typically designed for 2 to 4 years, depending on your budget. Affordable Debt Consolidation can also help Texans now faced with bankruptcy lawsuits. One of their Texas Debt Specialists can discuss your situation and help you decide which option is best for you. Also, upon request, Affordable Debt Consolidation can refer you to Texas Bankruptcy attorneys if you choose not to seek bankruptcy resolution for debt. “
“If you are struggling with credit card debt or personal credit, call 800-816-1003 or Visit AffordableDebtConsolidation.org to speak to a Texas Debt Specialist. You will learn more about opportunities for credit counseling, debt relief, and debt consolidation in Texas. Affordable Debt Consolidation Telephone or office consultations in Texas are free with no obligation. Due to COVID-19, personal consultations may not be available at all locations. “
This segment is paid for by Affordable Debt Consolidation and is intended as an advertisement. The opinions of the guests on this program are exclusively those of the guests and are not supported by this television broadcaster.