Settling Credit Card Debt
Saturday, July 21st, 2018 | The Cash Flow Group | Comments Off on Settling Credit Card Debt
Settling Credit Card Debt
Credit card debt settlement is a way of dealing with your credit card debt by paying less than you actually owe. While debt settlement ranks low on the list of desirable debt solutions, it’s one you might consider if you’re out of options and on the brink of filing bankruptcy.
Advantages
- You may ultimately pay less than what you owe. The unpaid balance is forgiven once the negotiated sum is paid in full.
- Debt settlement may offer a more budget-friendly plan for getting out of debt within two to five years. However, settlement is not guaranteed.
- Debt settlement is an alternative to bankruptcy.
How The Cash Flow Group Helps:
The Cash Flow Group, located in Miami, Florida, prides ourselves in our transparency. Unlike most debt settlement companies who may make big promises such as suggesting that debt settlement won’t hurt your credit score. The reality is debt settlement can’t protect you from credit score damage, debt collectors or lawsuits, and a good debt settlement company will be transparent about these facts. However, we are here to help in the best way possible, and we do our job there extremely well. The Cash Flow Group will manage your accounts receivable to ensure success in paying off debt. Out group provides debt settlement, a way to eliminate your debt by paying a fraction of what you owe. It is an option for consumers who can’t afford their current debt payments, and either can’t or won’t file for bankruptcy.
Our Call to Action:
When you settle a debt, we agree to accept less than what you owe to resolve it. Moreover, if you are unable to pay anything, we may be willing to reduce the amount you owe and settle for less. This is because we truly care about our clients, setting us apart from most companies who only care about their “pay back”.