Five Signs You May Need Debt Consolidation Services

Posted by on Dec 15, 2013 in Credit Card Debt | 0 comments

Debt consolidation is a way out of debt for many families. As credit card interest rates go up and the penalties for having a poor credit score become greater, families need a way that they can rebuild their credit while getting out of debt more quickly.

Consolidation lowers your interest rate and helps you make monthly payments on your loans, so that your credit score can start going up again. It indicates to credit rating agencies that you are taking the problem of your debt seriously. Here are five signs that debt consolidation services might be for you:

  1. You have credit card debt over multiple cards. When you have multiple cards, it can be hard to remember when to pay them all off, and you might be more likely to accumulate more debt than you can easily pay down. Consolidation services automatically make payments to multiple accounts on your behalf, so all you have to remember is to pay the single consolidated amount every month.
  2. You’ve been turned down for a home loan or auto loan. A low credit score can make you ineligible for major financing opportunities. Debt consolidation can help you improve your credit score over time, so you can start qualifying for loans again.
  3. Your interest rates are 20 percent or more. High interest rates make it very difficult to pay off your loans and credit cards. With debt consolidation, you can lower your interest rates, so you can afford to pay extra towards your principal. The more you pay each month towards the principal, the faster you will pay off your debts.
  4. You owe $10,000 or more in outstanding debt. When your debts get into the five figures, it can feel overwhelming. But by consolidating your debts, you’ll end up paying off your debts sooner rather than later. As long as you have a plan, you don’t have to worry about the amount of debt you have.
  5. You want to get your life back from debt. Something people don’t always talk about is the psychological and emotional toll that debt can take on a person. From inconvenient collection calls to nights thinking about how you’re ever going to pay it all off, it can be very stressful. With debt consolidation, you can put an end to that much sooner, and take your life back once again.

Debt consolidation services from Credit Guard are for everybody who feels they could use a hand up out of debt. If any of the things on this list describes you, you may want to contact a provider today.

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Consolidating Credit Card Debt Just Makes Sense

Posted by on Dec 1, 2013 in Credit Card Debt | 0 comments

Credit Counseling

Credit counselors will help you consolidate your debt.

If you’re trying to figure out a way to manage your credit, consider consolidation. Not only is it a low-risk, high-reward alternative to simply making your minimum payments, it is a commonsense approach to the problem of credit card debt. This is due to the single most frustrating aspect of credit cards – high interest rates. If you could lower your interest rates, you might be able to pay off your debt years sooner.

Debt Consolidation Lowers Interest Rates

The main reason that debt consolidation makes sense is it can make you eligible for lower interest rates. Lenders see consolidation providers as lower-risk than regular individuals. When you sign up for debt consolidation, that low-risk status is transferred to you and the consolidator will negotiate on your behalf to get you better interest rates, waived fees and lower monthly payments.

The savings get passed on to you in the form of reduced time spent paying off the loan. Some people can spend the better part of 30 years just making minimum monthly payments in order to pay off credit card debt. On the other hand, consolidating credit card debt can shave decades off the time you spend, saving you thousands in interest rate payments and improving your credit score much faster.

Credit Counseling: The Cherry on Top

When considering the chocolate sundae that is debt consolidation, don’t forget that you usually get an added bonus, especially if a non-profit group is offering the service. This cherry is known as consumer credit counseling, which you can get from companies like CreditGuard of America, and it may prove to be even more beneficial than debt consolidation when it comes to your long-term financial health.

Through credit counseling, you learn the basics and practical tips of budgeting and personal finance. You learn how to live within your means by taking advantage of frugality tips, assistance services and methods to acquire what is needed at cheaper prices. You also get the opportunity to work with a professional who will look at your unique income and expenses to make a budget, create a financial plan for the future, and teach you how to analyze credit offers to determine whether or not they would be good for you. A credit counselor can also help situate you for major future purchases, such as a car or house.

If credit card debt is causing stress in your life, then you may very well be eligible for a debt consolidation and credit counseling program. So why not look into one today?

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What to Do About Credit Card Debt

Posted by on Nov 26, 2013 in Credit Card Debt | 0 comments

Credit Cards

Are your finances getting you down? Credit card debt is extremely common in the United States. According to various consumer reports, the average person holds thousands of dollars of credit card debt. If you’re living paycheck to paycheck, or even if you’ve managed to accrue some savings, it can still be challenging to figure out how to pay off your credit cards effectively.

Most financial advisers would tell you to pay off high-interest credit card debt as soon as possible. When they come with rates of 15 percent or higher, credit cards can significantly escalate the debt you have. Every time you try to pay it down, a large chunk of your monthly payment just goes toward the interest. It can feel disheartening to try to figure out when your cards will finally be paid off.

Thankfully, there is an easier solution to credit card debt relief. Your debt doesn’t have to mean a life sentence. With debt consolidation, you can pay off your debts up to six times faster and save thousands of dollars in the process.

All About Debt Consolidation

Debt consolidation means combining all of your monthly payments into one single payment that you make to your service provider. A debt consolidation company will oversee the disbursement of the single payment into each of your credit card accounts each month. Additionally, the provider will negotiate to get you waived fees and low interest rates. These low rates will save you money and time, allowing you to get out of debt and get back to more important things in your life.

Debt consolidation is not a new loan. It is a service enjoyed by tens of thousands of Americans around the country to get their credit card debt in check. It is legitimate because it offers a win-win-win solution for everyone involved. You win because you save money, your lenders win because they reduce their risk due to the high-quality consolidation provider backing your debts, and the consolidation provider wins because they get to take a small percentage of the money that they save you in reduced interest rates.

If you’re ready to get your credit card debt under control, stop inconvenient collection calls or even just develop a plan for getting your finances on solid footing, pursuing debt consolidation services from a company like Credit Guard of America may be the choice for you.

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What is Your Debt Story?

Posted by on Oct 28, 2013 in Intro | 0 comments

One of the things that inspired us to start We Believe in 1997 was how underground this sort of debt subculture seemed to be. Nobody wanted to talk about it. There are very few people now that want to admit that they are in debt and in the nineties, when things were still booming, it was even more rare. The thing is, people don’t want to let others know that they are in trouble. What we found most is that people were afraid of burdening others with their troubles and therefor not getting the help that they needed. This can cause you to get into an even deeper hole.


What we do here is we offer relevant ways for you to get out of debt by applying some of the tactics that we have been researching over the years. That being said, we are aware that money trends change from year to year. Inflation, lack of available jobs and minimum wage being stagnant as it has been in the last few years doesn’t help those of us who have found ourselves in the predicament of trying to better our lives by getting an advanced degree and buying cars and homes that put us in more debt than we can keep up with.

We are confident that we can provide ways that have helped us and many of our friends and acquaintances around the country to start you on your path towards debt freedom. We also welcome anyone who has a way to get out of debt that they have seen work for them through guest blog posts.

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