How to get rid of debt is a question that many consumers with too much credit card debt are asking today. Many people find it difficult to manage their finances and pay off debts; many feel they just don’t know how to get rid of debt. This post is dedicated to showing you how American Consumer Credit Counseling can help you get rid of debt.
How to Get Rid of Debt in Three Steps
When you need help with getting rid of credit card debt, ACCC will show you a three-step process of how to get rid of debt:
- Evaluation – This is a complete analysis of your financial situation. Here we take a look at your debts and expenses as well as your income and assets.
- Budget – We’ll help you to develop a budget that you can live with. It will let you put aside some funds each month to pay down your debt.
- Plan – Depending on your needs, we can show you a debt management program tailored to you. A debt management plan can be an excellent strategy. It is a means to pay down your debt without taking on a new loan.
How a Debt Management Plan Can Help You Get Rid of Debt
In a debt management program from ACCC, you’ll consolidate all the payments that you’re making to creditors to a single payment. We’ll disburse funds to your creditors on your behalf. ACCC work with them to secure possible reductions in interest rates, finance charges, late fees and over-limit fees. These reductions will save you money and help you get rid of debt more quickly. With just one payment to make each month, you’ll find managing your finances to be much simpler and less stressful.
Our credit counselors can tell you much more about how our debt management program works and about other solutions for how to pay off credit cards and avoid more debt.
If you’re struggling to pay off debt, ACCC can help. Schedule a free credit counseling session with us today.