Is Debt Consolidation Right For ME?
One of the biggest repercussions of financial issues is the affect it has on your credit score. This is a very important issue that you need to go to www.ftc.govto research, since any company that tells you their program will help increase your score, is misleading you. The only way for your score to not be affected is to pay off every balance in full every month.
What is Debt Consolidation?
In general, debt consolidation is a process that can help you to overcome your financial problems by helping you work through a program to repay the high interest rate accounts in a reasonable manner. Debt consolidation makes repaying your bills easier. Instead of making multiple payments to multiple creditors, the program lets you make one easy, monthly payment and the processing company will then pay your creditors for you.
Our Christian Debt Consolidation Program involves a cooperative relationship with your creditors. By participating in our program, creditors receive certain tax benefits, which give them the incentive to make concessions that they otherwise would not offer to you directly. The benefits to you are:
- Finding a budget that works for you
- One monthly payment instead of multiple payments to multiple creditors
- Lower interest rates, which means more of your monthly payment goes toward paying the principle
- Becoming debt-free within 4 years, on average.
Contact Trinity Financial Mission Today!
Contact us for more information on debt settlement. We are happy to discuss your options with you as we move forward to bring you to financial and spiritual health.