Care One Debt Consolidation

In today’s world everybody is consolidating their financials large corporations, small business and even government. Many people are feeling this financial crunch and it’s causing a lot of stress and unhappiness out there, but there is hope and an effective way to get out of debt without losing everything you own. That hope is called debt consolidation.

Because debt consolidation is such a growing industry, many new companies and even banks have started debt consolidation programs. Some are doing a good job of it and other are ripping people off, but one company has been doing it for a long time and has a great customer track record that company is Care One.

Care One has been a leader in the debt consolidation industry for a long time and its reputation is well known. As a matter of fact, the news and media have promoted Care One, including such companies as CNBC, Time, Fox News, and Forbes. Care One has helped over 4.5 million people get out of debt and their long term relationship with creditors is an asset in any debt negotiation. You want some the major credit card companies will deal with!

What makes Care One really stand out in the debt consolidation industry is their understanding that people are individuals. They don’t just have one program, they have many. Their credit counselors not only create a debt consolidation plan to help people get rid of their current debt. They also provide tools to develop money management skills, so that their customers will stay out of debt in the future. That’s very important because getting out of debt is hard but getting back into debt is fairly easy. Care One helps its customers learn about budgeting and staying within a budget.

CareOn Debt Consolidation Offers

This company offers a variety of financial solutions to help people get out of debt. Their three main programs are Debt Management Plan (DMP), Settlement Service, and Bankruptcy Support Program.

The Debt Management Plan is fantastic for people who are having problems paying their monthly credit card bills, but still want to get out of debt, fast. This program works as a true consolidation of all unsecured loans into one monthly payment. The best part is that when customers are finished with the program their debts will have been paid off! According to CareOne, the average member of this program pays off all their debt in three to five years.

Some of the benefits of using this program include getting lowered interest rates and waived late fees. Many can expect their payments to be consolidated into one monthly payment that’s normally lower than all their combined credit card payments.

Their Settlement Service was designed for people who can’t afford to pay the payment of a Debt Management Plan. So, in order to help these people out of debt, CareOne has partnered with a legal service that will negotiate with your creditors so you don’t have to go into bankruptcy.

Once enrolled in this program, the law firm will try to negotiate settlements with your creditors. During the negotiation process they will try to get your debt to an amount you can afford to pay over a certain period of time. This service by CareOne provides customers with some legal back up while negotiating with their creditors.

Sometimes events in life bring people to a point where they can’t pay off any of their debt and Bankruptcy is the only solution left. CareOne offers a program where they will review your finances and direct you a legal firm that will help you with the bankruptcy process. Bankruptcy laws have change to make it harder to file their team helps people cope with these new laws.

Customers taking part in any of these programs also have access to certain support services. Programs such as a community message board and blog for moral support, discounts on groceries, and budgeting calculators to help you stay your budget. They also offer a Prepaid Visa Card so that you are not left without the use of a credit card.

Care One’s programs are through but of course if you're already in financial trouble the cost of such a service needs to be considered. They do charge a monthly service fee for their services, but the fee varies depending on the state you live in, who your creditors are, and the exact amount of your debt. In the long run though, it’s still worth the time to make the call. It's free consultation and they maybe able to help you.

Everyone faces financial challenges in life and it can be very stressful on family and friends. There's no shame in saying you need help and as a consumer you do have options to fix your credit problems. Care One has a long track record for helping people get out of financial debt.