Consolidate My Credit Cards

When you are in credit card debt, it seems like whatever the amount of money you owe is just too much. It can become overwhelming and you may begin to wonder if a credit card debt consolidation program could help you. Take a minute and ask yourself these questions:

- Are you struggling to keep up with minimum credit card payments?
- Are your credit card interest rates risiing continuously?
- Do your debts keep you awake at night? <

If you answer yes to any of these questions and feel like your credit card bills are spiraling out of control then a credit card debt consolidation program may be the best option for you.

Universal Default Clause: a section of the terms and conditions of your credit card agreement that gives the credit card company the authority to raise your interest rate from the introductory/normal rate to the rate paid when payments are missed or made late when the credit card company is informed that you have defaulted on other payments to other creditors.

Credit Report: A record of your credit accounts, including balances, credit limits, and payment history. Closed accounts continue to appear for up to ten years.

Credit Score: A three-digit number between 300 and 850 that determines your creditworthiness. The number is derived from a formula that considers current balances, current available credit, new credit, past payment history, and length of credit.

Credit Counseling: a program for reducing monthly payments, where a consumer is placed on a "Debt Management Plan" to repay their bills, frequently at a reduced interest rate.

Credit Reporting Agency: a company that collects credit information on an individual to create the in-file credit report.

Credit-related Insurance: life, health, and/or accident insurance intended to pay the outstanding balance of debt.

Debt Settlement: a program for reducing consumer debt to the lowest level, typically with a low monthly payment, while avoiding bankruptcy.

Debt Management: a service provided by an agency that provides debt help services, including credit counseling, debt settlement, and debt consolidation loans.

1. Do you really need to consolidate?
2. Can you still afford the reduced payments?
3. Will consolidation save you time, money or both while paying off your debt?

To help you find out if a

What Consolidation Option is Best for You?

The credit card debt consolidation option that will work for you depends on personal factors, such as the amount of debt you have, your current credit rating and how important that is to you, and whether or not you have equity in a home. With good credit and no equity, a possible option is to see if you qualify for an unsecured loan for your credit card debt consolidation. Do you have equity in a home? Using your equity to consolidate your debt with a refinance loan might be a good idea, allowing you to lower your monthly payment while getting away from the high interest you may be paying your creditors. If you are unable to get an acceptable unsecured loan, and you have no equity in a home, options such as debt settlement or credit counseling could be the way to go.

1. Do you really need to consolidate?
2. Can you still afford the reduced payments?
3. Will consolidation save you time, money or both while paying off your debt?

To help you find out if a debt consolidation program could help you, We have provided an interactive online debt consolidation calculator. Simply fill in your unsecured debt amounts (a debt that a creditor holds no collateral on, so they cannot take back anything if you fail to pay – for example credit card debt) You can then see what your monthly payment would be with a debt consolidation program versus without the program.

If you think that debt consolidation could alleviate your financial burden then don’t hesitate to call us. One of our certified credit counselors can help you determine if credit counseling might be the right option for you.

Receive a Free Debt Consultation now, and take your first step towards achieving freedom from debt.

Consolidate Credit Card Debt

Credit cards and credit card debt impact almost all of our lives. However, because of the nature of credit cards, credit card debt can easily pile up and become a problem. What a lot of credit card users don’t realize is that the interest rate of their card keeps their debt high and growing when you pay just the minimum. Did you know that just paying your minimums could keep you in debt for over a decade!

That’s why credit card debt consolidation can be an important part of the equation to cutting payments and getting debt free faster. Bills.com can help you do your credit card debt consolidation researc to pick the right path and pay down your credit card debt through credit card debt consolidation. We can even get you in contact with credit card debt consolidation services that will help you find the best method of consolidation for your specific amount of debt.

debt consolidation program could help you, Consolidated Credit Counseling Services has provided an interactive online debt consolidation calculator. Simply fill in your unsecured debt amounts (a debt that a creditor holds no collateral on, so they cannot take back anything if you fail to pay – for example credit card debt) You can then see what your monthly payment would be with a debt consolidation program versus without the program.

If you think that debt consolidation could alleviate your financial burden then don’t hesitate to call us. One of our certified credit counselors can help you determine if credit counseling might be the right option for you.

Receive a Free Debt Consultation now, and take your first step towards achieving freedom from debt. Credit Card Debt Consolidation

Expert Consumer Credit Counseling, Debt Management, and Debt Consolidation

Crisis Debt Management provides credit counseling, debt management, debt consolidation and financial education services to consumers nationwide. Our certified and professionally trained credit counseling team assists consumers by providing workable solutions for their financial problems. We offer relief to individuals and families that are suffering from stress related to credit card debt by providing effective credit counseling, helping to consolidate debt, and advising on debt management.

Credit Counseling Services

Our certified credit counseling experts will help you determine the best way to approach your financial situation and provide you the best options for managing your debt.

We will assist in analyzing your current financial situation, providing personalized options based on your goals, and recommending the optimal debt management plan to achieve financial stability. The credit counseling solutions we provide offer our members long term financial success, as well as short term debt management and debt consolidation.

The debt management program is individually designed to provide you with a unique solution for your financial situation. Professionally trained and independently certified counselors will:

• Evaluate your financial situation
• Assist you in creating a budget
• And work with creditors for a possible reduction in: finance charges, late fees and/or over-limit charges, monthly payments and time to pay off debt.

Professional debt management counselors are available weekdays, evenings and weekends. Call to speak with a certified counselor to help you determine if a debt management program is right for you, or begin online. To learn what the benefits of the debt management program are click on program benefits.

Credit Card Debt Consolidation

Debt Management Programs

Our debt management program helps simplify your monthly unsecured debt obligations. Examples of unsecured debt include: credit cards, department store cards, collection agencies, credit lines, and unsecured personal loans. Once you have enrolled in our debt management program, we will consolidate your payments and disburse funds to your creditors on your behalf.

Credit Card Debt Consolidation

As part of our debt management program, our credit counseling specialists will assist you in effective debt consolidation. Debt consolidation is an important step in lowering monthly payments to creditors and collection agencies.

• Is It Beneficial for Me to Consolidate my Credit Card Debt?
  When you have multiple credit cards with varying amounts of debt, credit card debt consolidation is a good choice. Consolidating your credit debt will allow you to make just one payment to a consolidator, instead of numerous smaller payments to multiple credit card companies. Frequently, you can also obtain a lower monthly payment.
• Is not Paying my Debt an Arrest-able Offense?
  As long as fraud and theft are not involved, you can not be arrested and jailed for failing to pay your debt. However, creditors can go after you monetarily to reclaim the amount owed to them.
• Do Joint Credit Cards Help Build Good Credit?
  Joint credit cards can work both ways. Since the credit card account is placed on both holders' credit accounts, the activity on the card as a whole affects both parties equally. So, if the card is maintained properly, it can help improve credit. However, if one of the card holders abuses the card and ranks up thousands of dollars in debt, it can adversely affect the other holder's credit rating.

Become Credit Card Debt Free

I greatly appreciate all of the assistance your company has provided in helping me to reduce my debt. I never would have been able to pay off all of my credit cards in such a short period of time without this program. It has provided me immeasurable security and assurance that I could take control over what appeared to be an out of control situation, and be able to get my financial affairs on track.

Q. What is the cost of your counseling and budget consultation?
A. Our counseling session and budget consultation is free. Our counselors will provide you with a free analysis to help assess your financial situation and determine your best options.

Q. Do you loan money?
A. No. credit card consolidation is not a lending institution. We work with creditors on your behalf to establish an affordable new payment arrangement, which may include benefits such as a reduced interest rate and no late or over-limit fees, allowing you to pay off your debt more quickly. We collect one monthly payment from you and disburse your payments to your respective creditors.

Q. What is the cost of the Debt Management Program?
A. There is a one-time fee of $139 for enrollment. There is also a monthly maintenance fee of $13 per account with a minimum of $15 and a maximum of $135. Fees may be waived or discounted depending on your state’s regulations, or if you are a full-time student, veteran, active military or senior citizen (age 62 or older).

Q. What kinds of debt can be put in a Debt Management Program?
A. Our Debt Management Program can help you with unsecured debts such as credit cards, department store cards, medical bills, signature loans, and many collection accounts.

Q. What are the benefits of a Debt Management Program?
A. Our Debt Management Program is focused on assisting you in regaining control of your finances, creating a household budget, and consolidating your debt into one monthly payment. We work with creditors to arrange for the benefits that creditors offer through participation in a debt management plan. Most creditors will provide benefits, which may include lower interest rates, stopping late and overlimit fees, and credit card consolidation delinquent accounts to reflect a current status.

Q. What will my new interest rates be?
A. Program interest rates are pre-determined by the individual creditors that you have. For more specific information regarding the benefits a particular creditor offers, please speak to one of our credit card consolidation credit counselors.

Q. When will my interest rates start to go down?
A. Many creditors will lower the interest rate immediately upon acceptance of a Debt Management Proposal. Others may wait for three consecutive program payments to post on your account before lowering the interest rate.

Q. How do I get started with your program?
A. The fastest way to get started is to contact us at credit card consolidation. Counselors are available to assist you credit card consolidation also offers a free budget evaluation form that allows you to complete the evaluation at your own pace, before speaking directly with a counselor.

Q. How long will it take to complete the program?
A. A Debt Management Program is designed to complete in approximately 4-5 years based on the minimum required program payments. However the length of the program will be determined by the total amount of your debt, your specific creditors, and whether you can send extra funds as you become more financially stable.

Q. What happens to my total monthly payment when one of my credit card consolidation accounts is paid off?
A. Your total monthly payment will remain the same throughout the life of the credit card consolidation program. As one account is paid off, the funds for that creditor plus the maintenance fee will automatically be reallocated in a way that is most beneficial to you, which is generally the account with the highest interest rate. On the last page of your budget, there is a breakdown showing your estimated program completion date, assuming no payments have been missed during the program. For more information, you may contact the credit card consolidation Client Services Department.

Q. Can I still use my credit cards once I’m enrolled in the program?
A. No. All accounts entered in the Debt Management Program will be closed. In order to get out of debt and regain financial stability, you must stop incurring new debt.

Q. Do I need to cancel credit card insurance?
A. Yes. Most creditors will not accept a Debt Management Proposal without first having the client cancel credit card insurance.

Q. Will my creditors still send me statements?
A. Yes. You will continue to receive monthly statements from your creditors, as usual. The statements will reflect payments made through the Debt Management Program. Please review your monthly statements to make sure you receive accurate benefits from your creditors, as indicated on your credit card consolidation Payment Summary sheet. If you notice a problem, you must notify credit card consolidation immediately. credit card consolidation is not responsible for issues or errors that are not reported in a timely manner. If you are not receiving statements and your creditor refuses to send them, it is your responsibility to contact your creditor to check the status of your account. Specifically, check to see that payments are posting on time, that the program interest rate is in effect, that you are not getting unnecessary fees, and/or any past due amounts. If there are any issues, please contact our credit card consolidation Client Services Department.

Q. Can I make payments on my own, once I join the credit card consolidation program?
A. No. It is recommended that once the program begins that all payments be made through the Debt Management Program. Payments made directly to the creditors could be viewed as a termination from our program by the creditor and may result in an increase in the interest rates. If you want to send additional funds, please contact the credit card consolidationDepartment. They will be happy to assist you with this as part of our credit card consolidation service to you.

Q. How will your credit card consolidation program affect my credit or credit score?
A. While you are on the program, some creditors may contact the credit bureaus and put a notation on your report indicating that you’re going through credit counseling. This is a neutral notation that does not affect your credit score, which is what most lenders use to determine creditworthiness. How individual creditors view this notation varies. The notation is usually removed when you complete or terminate the program and, if it is not, you may contact the credit bureaus to have the inaccurate information removed. We recommend that you review your credit report, upon completion/termination of the program, to ensure that all information is being accurately reported. A handful of creditors will report, or continue to report, an account in a debt management plan as delinquent, until the balance is paid-in-full. This could have a negative impact on your credit.

Q. Is my information kept confidential?
A. Yes. our credit card consolidation privacy policy pledges that client information will be strictly safeguarded and stored in a safe manner at our office. We maintain physical, electronic and procedural safeguards that comply with federal regulations to guard your nonpublic personal information and will not disclose information to anyone except those persons authorized by you. To read credit card consolidationcomplete privacy policy.

Q. How is Crisis Credit Card Consolidation funded?
A. We receive financial support through voluntary credit card consolidation fund and Grant contributions from creditors who participate in our Debt Management Program. However, we work with all creditors who are willing to accept our payments and offer benefits to our clients, regardless of whether or not the creditor provides financial support.

Q. How do I add an account to the program?
A. All credit card accounts should be included in the program in order for you to receive the full benefits of the program. You can add an account by sending a copy of your most recent creditor statement

Q. How do I know if a creditor accepts the Debt Management Proposal?
A. Many creditors will send a letter informing you of the acceptance of a debt management proposal. Another way is to check your credit card statements. Lower interest rates and suspension of late fees indicate the creditors’ acceptance of the debt management proposal. You may also check the status of your accounts or call Credit Card Debt Consolidation Services.

Q. What happens if one of my credit cards is sold or transferred to another credit card company?
A. If a creditor sells your account to another company, they must notify you in writing. Should you receive notification of this, you must contact our Client Services Department immediately. Client Services will then make the necessary changes to ensure the new creditor is informed of your participation in our Debt Management Program and that your payment is being sent to the correct place.

Q. What if a creditor doesn’t agree to participate?
A. Unfortunately it is the decision of a creditor whether or not to accept a debt management proposal. If the creditor will not accept a proposal, they may accept the full standard monthly payment through our program, but offer no benefits. If a creditor refuses to accept your payments through a debt management company, then that individual account must be removed. You will then need to send your regular monthly payments directly to the creditor.

Q. How will a creditor know I joined the Debt Management Program?
A. We will send debt management proposals to your creditors, just prior to sending your first payment. The proposal stands as official notification to your creditors that you have sought the assistance of credit card consolidation.

Q. What happens if I cannot handle my payments while in your program? Can someone help me lower my payments?
A. In order to assess your current financial situation and determine the best course of action.

Q. Why am I being charged late fees and/or over limit fees?
A. There could be several reasons why a creditor is still charging fees. If you see a fee on your current credit card statement, please contact our Debt Consolidation Client Services immediately so that the issue can be addressed with your creditor.

Q. What if I want to add or remove a co-client from the Debt Management Program?
A. Adding or removing someone from an account is a simple process. Please contact the Client Services Department to review the necessary

steps,