Struggling to repay you Credit Card Debts? Seek help from Specialist Credit Counsellors and Debt Management Advisors
Have you wondered why credit card money is easy to spend and difficult to repay? Having a credit card has become an important asset for people to meet their monthly expenses. Credit cards not only offers you the extra credit, but also the benefits and perks you get on shopping, movies, travel tickets, clothes and other feel good spends. But if you’re that person who has many credit cards, be careful you don’t fall into the credit card trap, especially when you’re taking advantage of those perks, which is just a way to get you to keep spending on the card.
Being buried under a mountain of unpaid credit card bills creates a world of issues, from creditor harassment, damaging your credit score and mental health issues. The longer the debts remain unpaid, the more creditors and their debt recovery agents increase the intensity of their recovery. Unsolicited visits at your home and work and defaming you immorally in front of your friends or families are some of the tactics used. Their ruthless approach soon makes you forget the feel-good factor you once had with those credit cards. In times like these comes the help of credit counseling and debt management. These can help you deal with your debts effectively by managing the outstanding amounts with your creditors and protecting you from the harassment you are receiving.
Credit Counselling and debt management agency approach
If you are having trouble repaying credit card debts that are beyond your ability, you could consider contacting SingleDebt for credit counseling, debt management and other solutions that may work for you. There will be something available for you that will help you to deal with your outstanding debts. SingleDebt also help manage your finances better, and will work out what options you have to become debt free or at least manage your debts so that they’re being paid back, but at an affordable rate. One of the main advantages of signing up to SingleDebt is that the harassment will be under control.
I have listed below the types of debt solutions Single Debt offer in more detail:
Credit Counseling – SingleDebt’s expert debt advisors, also known as credit counsellors, will advise on what solutions may be suitable for your circumstance. They will start by analysing your current situation, like, how much debt you are in, which creditors you are in debt with, what level of harassment you are experiencing and what you can realistically afford to repay. They will discuss budgeting and how to free up more disposable income to pay back outstanding amounts quicker. Even if you only have a chat with an advisor, it’s a free consultation so you have nothing to lose and all the knowledge to gain.
Debt settlement- The debt advisor may suggest debt settlement as solution to your situation. This is where a large percentage of the total debt is forgiven and an agreed amount would need to be paid either in one lump sum or over given period of time. This is all negotiated by SingleDebt, who have solid relationships with most of the lenders out there. With various settlement options, SingleDebt will negotiate the best one for you. This is normally suitable for people who have access to a lump sum of money, if that’s not accessible, then paying into a pot of a period of time would be the next best thing, SingleDebt will handle the creditors on your behalf so that you can build up the settlement pot without any major stress.
Debt Management Plan – This is a very popular debt solution, as it works around your affordability. You’re not saying to the creditor that you want to write off any of the debt, but you want to pay the whole amount over a longer period of time. This way it doesn’t affect your credit score and gives you more time to get your finances in order. People who opt for this solution are normally experiencing intense harassment. Being on a debt plan allows you to pass that harassment onto SingleDebt’s team who will handle and liaise with the creditors and their recovery agents to make sure you are not receiving the brunt end of it. The debt plan is an informal arrangement, which means you can cancel at any time if you have come into some money and want to take back your accounts. It is also flexible, so you can increase your monthly amount or reduce it depending on your circumstance. You can only include your unsecured debts into a debt plan, like personal loans, credit cards, education loans and bank overdrafts. One of the key benefits of a debt management plan is having all creditor payments consolidated into one single monthly payment. SingleDebt splits the monthly payment up and makes payments to your creditors on your behalf
Debt Help from SingleDebt
SingleDebt and its founders have been helping people get out of debt for decades. Introducing effective debt solutions that have helped thousands of people get out of debt and combatting creditor harassment with a legal team well versed in consumer rights and creditor regulations.
SingleDebt’s aim for its client’s is to make sure they are not consumed by debt and are able to continue their day-to-day life hassle free. By signing up as a SingleDebt client, you will be protected from illegal creditor harassment and have your debts managed through one of their debt solutions. So don’t let debt ruin your life, do something about it today and request a free consultation an expert debt advisor.