Debt Consolidation Loans to Create a Greener Future

Drowning in a landslide of debt? Feel like you are swimming upstream but never getting anywhere then debt consolidation loan may help. Consumer Credit of America, a non- profit organization, has dedicated itself to helping thousands of people like yourself gain control over their wild personal finances. They offer free, confidential counseling sessions to help you become debt free with their low cost debt consolidation loans. . Debt consolidation is the process of bringing together all of your short- term debt, like your credit cards, car loans and any other higher interest debt, into a loan with one monthly payment.

Having been in business for over 20 years, they are experts on the stormy seas of massive debt, offering trustworthy advice and not just giving you a sales pitch. Their mission statement says that they believe that they are personally responsible for providing prompt, accurate, and efficient service to their clients. They believe that their work just begins when you have completed you credit counseling session and not ending there like with some other companies.

They will help you create a debt consolidation plan that will best work for your particular situation. They help you make a list of all your current debt figure out how much of the actual loan you’re paying versus how much of the interest- if you borrowed $50,000 in a 15 year loan at 8% you will pay $36,009 in interest and get it to a point that will help you actually pay off the loan and not the bank. Consumer Credit of America should be your first stop on the road to financial freedom.

There are many reasons to seeking out debt consolidation loans like paying less total interest and you will also gain the ability to borrow money more economically as well as gain the power to have greater credit on which to draw- lenders calculate how much you can borrow based on your current amount of debt, current income and how much more debt you can actually handle.

Some of the greatest reasons for getting debt consolidation loans is better cash flow, with your debt going down each month you will have more cash in your pocket for current expenses and extra things, which will mean you will require less money borrowed- a beautiful circle of events for you and your future. A great thing to do at this point is to put the money you once were spending on paying off the debt in to a savings account and earn interest instead of paying interest.

This article was written by Kirstin Douglas. If you are in a position that requires consumer credit counseling then you need to talk to the guys at ccofamerica.com or call today at (800)955-5765 to an approved credit counseling agent.

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