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Debt Consolidation Plan
If you are having trouble keeping up with your bills, you might want to
consider consolidating your payments. Our Debt Consolidation Plan allows
you to make one payment to all your creditors.
Under this plan, Consumer Debt Reduction will:
- negotiate on your behalf to stop collection action
- work to lower your payments
-
attempt to reduce or eliminate interest and fees you owe your creditors
The Debt Consolidation Plan is designed for individuals, as well as families, who have accumulated unsecured debt and are now unable to make the required monthly payments.
This plan can be very beneficial if you have gotten entrenched in a cycle where you're not able to make timely payments and accrue fees & interest as a result of your inability to pay. Under this plan, Consumer Debt Reduction will work with creditors to get you "caught up" to reduce the likelihood of accruing additional fees. Many creditors are receptive to working with CDR's counselors to resolve debt problems under this plan. Plus, this plan will reduce the total time it will take to "pay-off" your current unsecured debt and get out of debt.