Consolidation program for one low payment

You can combine all your bills into one lower monthly payment offered under the consolidation. The counselor will analyze your monthly income and expenses and based on this computation, how much you can pay under the plan. Your creditors will be informed about your enrollment in the program and will be requested for a reduced amount. Most of the lenders suspend the late payment fees and interests and offer you an amount that is much easier to pay. This way, your payments will go straight to the debt you already owe.

You will receive monthly statements showing how your money was applied towards each of the creditors. This is one of the popular solutions adopted by people fighting with debts. Take professional counseling, perhaps from this site and know about your repayment options. This counseling must be free before you start the program.