Greenshield reaches 60 million in Debt Relief for Clients
Greenshield Financial Services and its employees recently celebrated a major milestone of debt relief for their clients: $60 million dollars of debt settled to help pursue debt-free lives.
Greenshield reached this landmark figure just over two years after they opened their doors in Allen, Texas as a Financial Health Management Company. The debt settlement provider sees the accomplishment as part and parcel of an ongoing commitment to its mission to help clients resolve their debt and rebuild their financial health.
Greenshield provides debt relief by negotiating settlements with credit providers. This helps clients reduce their unsecured debt for items such as credit cards or medical bills. The company also provides its clients with online tools, resources, calculators, and educational articles that can help guide them to strong financial health in the long term.
The company hit the ground running, passing a million dollars worth of debt relief by July 18, 2008, and soon that number grew to 5 million in October. Only a year into business, Greenshield settled $25 million dollars of unsecured debt for its clients. By the end of their second year, the company had settled a total of $45.2 million.
These days Americans are in uncharted financial territory, and debt relief is needed more than ever. About 43 percent of American families spend more than they earn each year, personal bankruptcies have doubled in the past decade, and the average households carry some $8,000 in credit card debt. Altogether, American consumers are over $2.56 trillion in debt! These trends show a spending problem in the average American’s behavior.
The need for debt relief has dramatically increased in the past decade mainly because of low interest rates, rising popularity of internet shopping, and the aggressive extension of credit to consumers with weak credit scores.
There is a tendency for consumers to take advantage of credit offers without really thinking through the consequences of overspending. Though the results of this thought process is obvious, the real root of the problem behind credit card transactions is that many Americans don’t see their income as a cap on their spending.
In just two years, Greenshield has relieved $60 million in debt for their clients. Instead of dealing with this mountain of unsecured debt yourself, let Greenshield help you. Their debt settlement specialists can work with your creditors to lower the amount you end up paying. For some of their clients, the savings can be thousands of dollars!
Many people who have gotten into trouble with credit card companies have turned to Greenshield to help them navigate these deep, difficult waters. Greenshield Financial Services is a Financial Health Management Company that specializes in a debt settlement program as alternatives to debt relief, debt help, and bankruptcy to help you learn how to get out of debt.
John Haines. debt relief Greenshield Financial Services is a Financial Health Management Company that specializes in a debt settlement program as alternatives to debt relief, debt help, and bankruptcy to help you learn how to get out of debt.
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