Credit Solutions Settles NY Client’s $10K Debt For $4K – In Just 4 Months

DALLAS--(EON: Enhanced Online News)--With two of her four children attending school and running a small business with her husband, Frances E. of Orange County, NY said the timing couldn’t have been worse when she was diagnosed with breast cancer.

“I would not have had that cooperation from creditors.”

Frances spent the majority of 2007 in and out of hospitals, undergoing six surgeries in five months, plus chemotherapy and radiation. She couldn’t work, and the strain of keeping up with bills during her medical emergency convinced her to contact Credit Solutions.

But within four months of enrolling with the debt settlement industry leader, Frances was debt-free. Credit Solutions settled her $10,609.27 of debt at 37%, for $3,925. Her total savings: $6,684.27.

For a video interview about Frances’ experience in a debt settlement program, visit http://www.creditsolutions.com/service/success.html.

Had she tried to settle her accounts on her own, Frances said, “I would not have had that cooperation from creditors.”

With Credit Solutions, “You’re actually getting rid of the debt completely,” Frances said. “If you’re serious about doing it, they make it very easy for you to do.”

Unlike consumer credit counseling services, which receive “kick-back” payments from creditors to offset the costs of administering their programs, debt settlement is the only debt-relief option that reduces consumers’ debt principal. Given today’s economy, people desperately need programs that reduce the principal of their debt to stave off bankruptcy.¹

Once you’re debt-free, Frances said, “You can sleep nights. Your conscience is clear. You don’t have a burden of having to hand out dollars. The [collections] calls stop, and you feel free and un-burdened. There’s an overwhelming sense of relief.”

The U.S. settlement industry leader, Credit Solutions uses its experience, leverage and volume on consumers’ behalf, negotiating directly with creditors to facilitate repayment of consumer debts at a reduced percentage of the total amount owed.

The program typically takes 12 to 36 months. Upon completion, all of the consumer client’s debts included in the program are “settled,” or resolved with zero balances.

Since its 2003 founding, Credit Solutions has settled over $1 billion in unsecured client debt and currently manages over $2.25 billion of consumer debt for nearly 100,000 U.S. clients.

For details on Credit Solutions’ award-winning settlement program and other video success stories, visit www.creditsolutions.com. En español: http://espanol.creditsolutions.com/. Follow us on Twitter at www.twitter.com/SmartSavingTips. Or call toll-free: [phone].

¹ Briesch, Dr. Richard A., Ph.D., Economic Factors and the Debt Management Industry, August, 2009.