 Debt
Reduction
FDR's "Debt Reduction Program" is custom tailored
to each of our clients, to find the optimal solution
to lower your monthly payments, help you deal with your
creditors, and reduce your debts fast.
Typically, we negotiate your balances
down to about 50% LESS than what you owe. For example,
through our debt reduction program, if you owe $30,000
to your creditors, we may be able to save you over $15,000.
Sound too good to be true? Call us to find out if you
can qualify, and exactly what your savings estimate
is.
Even better than simply saving money is
that your accounts will be settled in full... meaning
you no longer have any of your original debt outstanding.
If being debt free in as little as 2.5 years (or faster
in some cases) for less than half of what you owe sounds
good, give one of our debt consultants a call to discuss
your specific situation.
Debt Reduction
Steps
The Debt Reduction Program is easy and effective. Here
is a step-by-step overview:
Step 1:
Call or e-mail us for a free consultation. We will assess
your financial situation and determine your potential
for debt reduction.
Step 2:
We will work with you to determine the appropriate monthly
dollar amount that you plan to save towards a negotiated
settlement. This amount is typically significantly less
than your current minimum payments, and goes toward
paying off your debt (not simply paying interest charges
and fees). These funds will be saved every month in
a new account that we set up for you, but which you
hold onto.
Step 3: Once
you enroll in the "Debt Reduction Program"
we immediately contact your creditors and handle all
future creditor communications. You must close all debt
accounts that are being negotiated and you are requested
to avoid using credit while on the program.
Step 4: We
begin negotiating with your creditors individually.
Typically, we attempt to reduce debts by around 50%
of your current balances. We stay in contact with you
to keep you apprised of your situation.
Step 5: Once
a settlement is reached and payment is made to eliminate
the account at the reduced amount you'll recieve a "Good
News" notification from us.
Step 6:
We request that your creditors report to the credit
rating bureaus that your accounts are settled in full.
Congratulations, you are now Debt-Free!
After the Program: If you are interested
in credit repair, purchasing a home, purchasing an automobile,
or related financial services products - we can help
you contact one of our affiliates to apply for access
to other products. Or, if you simply want advice about
a financial services decision, we will always help inform
you about your best strategy for staying debt free and
building personal wealth.
or Email Us at: info@freedomdebt.net
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