LEARN ABOUT PROGRAMS TO REDUCE CREDIT CARD AND UNSECURED DEBTS
If you’re eligible for a debt relief program and want to join, any of our Specialists can assist you with enrolling, and approvals are quick and painless.
If you qualify we can send you the program paperwork, you can sign it online and get approved with ease! We can even pull your credit for free!
At Golden Financial Services we specialize in helping consumers that have a financial hardship. Credit card debt can be near impossible to pay for a person that has a financial hardship. With interest rates often exceeding the 20% mark and total balances higher than $10,000 on average – no wonder why such a larger percent of consumers are delinquent on their payments. It’s not your fault.
DEBT VALIDATION FOR CREDIT CARD DEBT
On a debt validation program, federal laws are used to challenge and dispute debts.
Debt collection errors include inaccurate information being reported and missing or inadequate documentation being maintained.
Recent statistics illustrate how debt collection companies often purchase accounts with missing documentation and incorrect details. Read more here….
Often debt collectors cannot verify and validate an alleged debt, which would then make the debt legally uncollectible. And eventually if a debt cannot be legally collected on, the statue of limitations would arrive, and now the debt is gone. In most states, the statute of limitations for credit card debt is 3-6 years, unless you live in Rhode Island where it’s ten years.
Learn more about debt validation by calling 1-866-376-9846.
RESOLVE CREDIT CARD DEBT WITH A DEBT SETTLEMENT PROGRAM
Another common option would be to settle a debt for a fraction of what is owed.
Golden Financial Services offers a performance based debt settlement program where no fees are earned until results are achieved. Golden Financial Services has been offering debt settlement services since 2004 and maintains zero Better Business Bureau complaints and an A+ Rating.
Debt settlement is a much better option for most people, over bankruptcy.
DEBT SETTLEMENT VS. BANKRUPTCY
- Consumers feel better about doing debt settlement over bankruptcy because they feel like they are paying their debt back, just at a rate negotiated down based on their income
- Golden Financial Services feels that it’s easier to rebuild your credit and recover after graduating a debt settlement program, than if you were to file for bankruptcy.
WHEN IS BANKRUPTCY RIGHT?
Golden Financial Services only recommends bankruptcy if it’s necessary to save your home and certain secured debts. Sometimes a Chapter 13 bankruptcy – will give a person the option to stay in their home, instead of foreclosure.
Or; if it’s a company bankruptcy, there are times where bankruptcy will relieve the business of having to pay on unpaid debts if a business owes more than it can pay.
CONSUMER CREDIT COUNSELING VS. DEBT SETTLEMENT
Consumer credit counseling has less of an initial negative impact on a person’s credit score, but you are left making payments for 4.5 – 5 years with consumer credit counseling, verse approximately a 36-month program with debt settlement.
With Consumer Credit Counseling to reduce credit card debt;
- Stay current on your bills
- Have one payment each month
- Get a reduced interest rate on each of your accounts
- Balances will be paid in full – PLUS INTEREST, but pay less in interest than if you were to continue paying minimum payments on your own.
- Be debt free in 60 months on average
With Debt Settlement Services to reduce credit card debt;
- Your creditors are not paid on a monthly basis
- Have one payment each month
- Pay as little as half of your total balance
- Be debt free in 36 months on average
Golden Financial Services is a one-stop-shop for all of your unsecured debt relief needs, and we are nationally ranked for credit card relief programs.
Call us right now for a free consultation at 1-866-376-9846. We will go over all of your options to resolve unsecured and credit card debt.