Credit card debt can sometimes feel like a noose around your neck. It can make you feel confined and frustrated. No matter how much you try to do to stay ahead of it, the debt always seems to be taking up a large portion of your monthly income.
There are several advantages to striving for credit card debt free living that you can use as inspiration to get your debt under control. With the right planning and assistance from a good debt settlement professional, you can spend your time enjoying life instead of feeling trapped by credit card debt.
Pay Only Once For Your Purchases
When you buy something in cash, you pay for it once and then own it outright. When you buy something with a credit card and do not pay the balance off within 30 days, then you could end up paying for the product three times.
The first time you pay for the product is when you use the card to make the purchase. The balance of the transaction is put on your credit account, and you must pay it back over time.
The second way that you pay for an item is when you pay the interest that compounds daily, weekly or monthly on that purchase balance. If you allow the purchase to sit on your card long enough, the interest could add up to more than the cost of the item.
The third way you pay for the item is when you pay the service charges each month on your credit card account. The credit card company charges you these fees for the right to purchase that item with your card. To maintain that right, you have to pay that service charge every month whether you use the card or not.
Avoid Late Fees
When you have credit card accounts, you run the risk of having late fees. When your payment is one day late, you will be hit with a late fee.
Late fees are money that you would never have to pay if you did not have credit card debt. To make matters worse, late fees get added to your balance and collect interest just like purchases.
When you use cash to make your purchases, there are no such things as late fees. You only pay for the items you buy and the services that you use.
A life of credit card debt free living is a life without the bills and hassles that come with credit card debt. You no longer have to worry about keeping track of your credit card bills and making sure that you pay them on time. It can significantly improve your life.
How Do You Become Credit Card Debt Free?
The first step in developing a life of credit card debt free living is to contact a professional debt settlement organization and get started on taking care of your credit card debt. The advantages of settlement over consolidation make it the best possible choice to make your debt disappear.
A Fast Way Out Of Debt?
A debt settlement professional will negotiate your debt down by as much as 50 percent. This will free up cash each month that you can apply towards paying down your debts.
The average debt settlement plan takes two to four years to complete. When you are done paying off the settlement plan, you are credit card debt free.
The average consolidation plan can take anywhere from seven to 10 years to pay off. Consolidation is a process that gets you tied into a loan that you cannot get out of.
Is It Easy To Get Rid Of Credit Card Debt?
With debt settlement, you do not need good credit, and you do not need to go through a lengthy application process. Anyone can qualify for a settlement program, and the debt negotiation expert takes care of all of the arrangements.
After the debt settlement professional qualifies you for a debt relief plan – he will work on negotiating low payoff amounts for all of your credit card accounts, he will then create an account that will give you one monthly payment to pay all of your debts.
Credit card debt free living is something that we deal with on a daily basis. We work hard to make sure that we reach the goals of all of our clients. Whether you want to have your medical bills lowered or you want to live a life without credit card payments, we can make that happen.
Our customer service is second to none, and we have a very long list of satisfied clients. We know how to get results, and you do not pay for our services until we get the results you are looking for.
Fill out the form today, and we will get started making your dream of a credit card debt free life happen right away.