Negotiate CREDIT CARD DEBT
One of the major benefits of negotiating credit card debt through our system is that your credit
rating will not be adversely affected--indeed, your credit rating can even improve. The main issue
that affects your credit rating is the debt-to-income ratio. If you've ever applied for a mortgage,
this term will be familiar because it is integral in determining what kind of mortgage you can afford.
The debt-to-income ratio is the amount of money you earn every month compared against what you owe
for all outstanding debts. So if you significantly lower your debts via our service, your debt-to-income
ratio will be improved as well. Thus, your overall credit rating will improve.
APPLYING FOR CREDIT CARDS
We don't recommend applying for a slew of new credit cards at this point. You'll always get new
credit card applications whether or not you have a good rating--but with a good rating, you may be
tempted to apply for a new set of cards. While we are not financial advisors, we don't want to see
our customers heading down the same path again.
Using credit cards is very tempting. It almost seems like free money. You can put off having to deal
with the responsibility of payment. We understand that using credit cards is a way of life--so once
you clear your debt using our service, we hope that you may be more frugal with credit cards. If you
have problems again in the future, we will be happy to work with you to settle new debts.
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