What are credit card hardship programs?

Learn about credit card debt–hardship programsGIVE ME A CALL AT 866-376-9846 TO TALK ABOUT YOUR OPTIONS

Credit Card Hardship Programs at Golden Financial Services

CREDENTIALS:

Consumer Friendly Debt Relief Options Offered by the #1 Ranked Debt Relief Company in the Nation Visit Financial Product Reviews to Verify Official Rankings

Highly Rated by the Better Business Bureau (BBB) & 11+ Years in Business (Visit BBB.org to Verify Time in Business and Rating)

Featured on Fox, CNBC & 10 News – Some programs even come with a Written Guarantee, while other programs include a top rated attorney in your area. We can facilitate all of the most efficient programs currently available in the United States. We are not biased to just one program.

WHAT THE PROGRAMS CAN DO FOR YOU

Get One Affordable & Easy to Manage Monthly Payment to Resolve all Debt

Resolve Debt in 18-36 Months on Average

Reach your goals of achieving debt freedom, saving money and improving your overall financial health!

What are Credit Card Hardship Programs? 

Credit Card Hardship Program – OPTION ONE

Consumer Credit Counseling (Debt Management & Consolidation are Synonyms) – This credit card hardship program could be the paramount answer for a consumer who can only afford to pay minimum payments, on high-interest accounts.

BENEFIT OF CONSUMER CREDIT COUNSELING

Clients are set up with one monthly payment. Out of that monthly payment, the consumer credit counseling company distributes individual payments each month to the creditors. This makes it easier for a person because having multiple monthly payments can lead to a person forgetting to send all of their payments on time, and being late.

Interest rates are usually lowered after joining on this type of credit card hardship program. It is common for a person to have a 30% interest rate, lowered to 8%.

Less of an initial impact on credit, when compared to debt settlement and bankruptcy.

To learn more about consumer credit counseling visit here.

DOWNSIDE

Your program payment will be close to what you’re paying when paying only minimum payments on your own. This is often what prevents people from qualifying for a consumer credit counseling program. They can’t afford it. Consumers with a hardship are usually looking to drastically cut their monthly payment and get out of debt fast.

This type of program will last for close to 5 years, which is longer than the average length of a debt negotiation program.

You will pay back the full amount owed, and interest, upon graduation.

CALL 866-376-9846 FOR A FREE CONSULTATION OR START BY FILLING OUT THE CONTACT FORM ON THE UPPER RIGHT.

Credit Card Hardship Program – OPTION TWO

Debt Settlement Services (Debt Negotiation & Arbitration are synonyms) – This is the preferred option for a person who has an extreme hardship and has fallen behind on their payments. This is a great alternative to bankruptcy. 

BENEFIT OF DEBT SETTLEMENT

Debt free in 3 years or less on average.

Payback less than the total owed. Your debts will be negotiated down, settled and satisfied. If you owe $20,000, we would quote that you will end up paying back a grand total of only $12,800 or less, and that includes our fee.

A person is setup with a single monthly payment, making it feasible to manage their debt payments. (Creditors are not paid on a monthly basis, but rather in lump sum payments at the time when settlements occur.)
Here is how the settlement process works:

You only make one easy monthly payment that we setup for you based on your budget and other circumstances. Each month your money will be deposited into your trust account that is solely in your name. As money accumulates, we start negotiating. Using leverage, proven strategies and established creditor relationships we aggressively negotiate to solidify the largest savings for our clients. Once you approve the settlements that we obtain for you, the funds are then released and paid directly to the creditor, and you are then provided written proof that your debt was satisfied and has a zero dollar balance.

ADDITIONAL BENEFITS WHEN JOINING THROUGH GOLDEN FINANCIAL SERVICES
Golden Financial Services has been in business since 2004, is A+ rated with the BBB and members of the Chamber of Commerce.
Clients are matched with a federal and state attorney. Their attorney will provide them with legal protection while they are on the program.
Golden Financial Services can help you to rebuild your credit score after you graduate on the settlement program.
While you are enrolled in the program, you will learn about the Fair Debt Collection Practices Act. This will empower you with the knowledge that everyone should have, about debt collection and your consumer rights.
To learn more about debt settlement services visit here.

DOWNSIDE
There will be an initial negative impact on your credit score after joining the program.
Creditors can sue a person at any time when they are enrolled in a debt settlement program.
You may get harassing creditor phone calls at the beginning of the program. Your creditors will be contacted and directed to contact your legal team once you are a client, rather than calling you.

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