Eagle One Debt Solutions assisted me in negotiating a 70% settlement of my credit card debt, which included numerous disputed extra fees and charges. It is such a relief to have this account settled, paid off, and closed!
Robert A.
November 22, 2010 by Leave a Comment
I am extremely pleased with Eagle One Debt Solutions in their handling of my unsecured debts totaling over $24,000.00. Their willingness to go the distance is what impressed me the most.
Credit card debt solutions
July 19, 2010 by Leave a Comment
Credit card debt
Credit card debt
Ever increasing credit card debt can give any card holder sleepless nights. Credit card is one form of money which facilitates impulsive purchases. More often than not, the card holders falls in the trap and incur a huge outstanding on their credit cards. At times they might assume monstrous proportions, so much so that the card holder may find it increasingly hard to pay back the outstanding credit card debt. Credit card companies generally levy a huge amount of interest rates thus amplifying the problems further.
There are various credit card debt solutions which can work for you-
*Debt relief- This is an option wherein the credit card company foregoes a certain percentage or the whole of the outstanding. This option is a hard nut to crack with most of the credit card companies.
*Debt settlements- Debt settlement entails negotiating with the credit card companies for a lower principal amount and if possible a lowered interest rate and late fees too. The lowered outstanding is generally paid at one go instead of spreading it over months and years.
*Debt consolidation- wherein outstanding on various credit cards are clubbed into one and loan sought, generally at lower rate of interest than what these loans incur, for the purpose of pay back.
*Pay offs- this entails reworking the interest rates and the payment schedule of the card holders. In case the card holder is ready to pay back the outstanding in amounts as much as he can, interest rates and the payment schedule are generally reworked so that the card holder becomes debt free as soon as possible.
Other credit card debt solutions would include-
~ Borrowing from friends and families to pay off the debt. This generally does away with interest rate and hard and fast payback time.
~ Paying off the loans which levy a higher rate of interest- if a card holder does his homework thoroughly and marks out the debts which have a higher rate of interest, he can work out a schedule wherein he pays off the debts which cost him dear.
~Trying not to buy the credit card insurance, since it gets very expensive opting for one.
~ When consolidating a loan, researching thoroughly on the interest rates. Avoiding home refinancing loans, as they eat more into your pie than they would seem to.
Credit card debt relief
July 19, 2010 by Leave a Comment
Credit card debt relief
Credit card debt relief
A credit card debt relief program is greatly needed by those persons who have got very high unsecured loan debt. You will be able to find a debt counseling service almost at every place. There are various websites which give complete details on the credit card debt relief. You can go through such websites in order to get more and more details on such aspects. There are various counseling services which are offering a credit card debt program in order to get the clients out of financial liability within few years. You will find that every agency and company has a different name and a different looking website, but one thing which you will find common is that their credit card debt program is the same. Such counseling services after obtaining adequate personal information from the client will cut monthly payments down to between fifty and sixty percent of the original expenditure through negotiations with the card lenders. Presently, it is very easy to get credit cards. Generally, people are keeping multiple credit cards in their wallet. The more are the number of cards you have the harder is to keep record of the many balances you are carrying. Hence, the minimum payments are more to handle and the credit card debt solutions are needed in the worst way. The best way to get rid of credit card debt is to choose a company that can consolidate credit card debt and hence you will no longer have to keep track of several obligations at one time. If you want to get help from credit card debt relief then there are various solutions for that. There are various companies which are providing credit card debt reduction on a number of levels for helping you to make free from debt within a reasonable time period. Moreover, your monthly payments can be made within period of one to three years. Hence, in this way you will get rid of your debts and will regain a state of financial health.
Debt settlement and consolidation
July 16, 2010 by Leave a Comment
Debt settlement
Debt settlement
One of the biggest problems nowadays is Debt. For some people repaying their debts is like a big burden on their standard life, on the other hand if your expenses are not well planned and if you are not mentally prepared to repay your debts then it could be a burden for you. If anyhow you are unable to pay back your debts and find that you are trapped with all your debts then it is better for you to go for any debt reduction solutions. These solutions can be used for the purpose of making your financial status perfect and better. There are numerous reduction solutions available but it is recommended that you should perfectly select the one that suits you and satisfies your requirements. Mainly there are three reduction solutions that are accepted by most of the people nowadays and they are Debt Consolidation, and Debt Settlement or Negotiation.
1. Debt Consolidation: One of the best solutions nowadays that you can opt in order to reduce your debts is Debt Consolidation. This solution is the outstanding substitute of bankruptcy and with the help of this reduction solution you will be able to decrease and handle your debts easily. On the other hand they also offer you guidance to manage your Credit Card debts. In fact this reduction solution helps you to plan your finances and also help you to opt a debt consolidation loan to repay almost all your debts. To repay your debts of Credit Cards they offer some special kind of debt consolidation. The loan that you will take as debt consolidation loan possess low interest rate and in this process you only have to repay all your debts through one monthly payment. The best part of this loan is that with it you can repay any kind of debts whether it is secured or unsecured debts.
2. Debt Settlement and Negotiation: Another type of debt consolidation is Debt settlement. With the help of this reduction solution you will be able to reduce your interest rates up to 40% to 60%. This procedure is helpful because most of the creditors desire to get back their loan amount so they don’t care that if the interest rate is lowered then in return they will be getting back their loan amount. The creditor believes that lowering down the interest rate will be helpful rather than a person announcing that he is bankrupt. This reduction solution is the perfect option for the people who work hard to repay their debt amount.
These were some of the debt reduction solutions that you can utilize to eradicate debts that is disturbing your way of living. These solutions will not eliminate all your debts but yes they will help you a lot in order to decrease your debts. These reduction solutions will definitely help you to manage your finances as well as to keep control over your debts.
Debt Solutions
July 16, 2010 by Leave a Comment
Debt Solutions
Debt Solutions
Loans are certainly made many comforts and luxuries within your reach but if you have taken any loan and getting frustrated in repaying your debts then to help you in such situation there are some kind of debt solutions available. However, these solutions will only help you to eradicate some measures of your debts, but these solutions will definitely help you to overcome from the huge burden of your debt. Some of the best and reliable debt solutions available for you are bankruptcy, debt settlement, and debt consolidation. These debt solutions are the most effective solutions measures that you can opt to lessen the burden of your debt. Moreover, it is recommended that you should select only one solution measure at a time.
1. Debt Settlement: If you desire to opt for the most effective solution for your debt then you should go for debt settlement. Debt settlement is the substitute solution of bankruptcy. In the procedure of debt settlement the lender usually negotiates with the borrower to decrease the repayable money up to 40% to 60%. With the help of this option you will be stopped paying to creditors whilst you can save your huge amount of money. Once you complete repaying your loan amount up to 50 % with help of any reputed debt solution company you will be able to negotiate with your creditors. Some of the people nowadays in sake of saving money approach their lender directly in order to settle their debts but it is recommended that you should take help of some reputed company that can help you in your debt settlement.
2. Debt Consolidation: One of the most important and appreciated debt solutions accepted nowadays in order to low down the interest rate of loan is Debt Consolidation. In this procedure your interest rate is lowered down and also your late fees if you have any will be waived off. Debt consolidation also possess numerous benefits like if you go for debt consolidation then the company of debt consolidation will combine all your multiple bills into one like unsecured debts, credit card debts, medical bills, and any other debts. According to this solution you will only have to make single monthly payment to the company of the debt consolidation and they will make payment to your lender on behalf of you.
3. Bankruptcy: If all the other options fail and not suit you then you should file a bankruptcy. One of the most beneficial and the simplest form to eradicate or to decrease your debts is to file bankruptcy. When the doors of all other options are closed for you then it is better to declare yourself bankrupt. In general it is the procedure in which a company or a person announces that they are bankrupt and they will not be able to repay their debts. According to the protection of bankruptcy court if a person declares that he or she is bankrupt then they doesn’t have to repay their debts anymore.
Though you can select your own debt solution by yourself but it is suggested that you should take help of some financial professional.