Saturday, April 2, 2011

Find Fast Debt Relief - How to Eliminate Debt in the Shortest Amount of Time


For many, debt relief is a long and tedious process - even though it doesn't have to be. You can find fast debt relief, if you know where to look, and what steps to take. Are you ready to find out how to eliminate debt in the shortest amount of time possible?

The process starts with debt elimination for your unsecured debts. This is credit card debt. You can find a service through the Association of Settlement Companies to help you with this, and you won't waste time with companies that are just out to get your money. This is the first place to begin debt relief, as you will essentially be able to dump about 60% of your unsecured debt in the shortest period of time.

The next step to find fast debt relief after you have eliminated as much of your unsecured debt as possible is to get a debt consolidation for the secured debt that you have or any unsecured debt that you were not able to eliminate. This will enable you to combine your payments into just one payment per month, and that one payment will not exceed a certain percentage of your total monthly income.

When you consolidate as many debts as you can, you should use the extra money that you now have each month to pay down other debts that were not eliminated or consolidated. This is the final step to find fast debt settlement- make as many extra payments as you can, starting with the debts that have the highest interest rate.

No matter what your situation is, you can find debt relief. However, again, you want to be cautious, and find a legitimate debt settlement company and avoid the companies just looking to take advantage of desperate consumers.








It would be wise not to go directly to a particular debt settlement company but rather first go to a debt relief network who is affiliated with several legitimate debt companies. In order to be in the debt relief network, the debt settlement companies must prove a track record of successfully negotiating and eliminating debt. This way you can be assured that you will find a legitimate debt settlement company.

Legitimate Debt Settlement Companies


2 comments:

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