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Rich Jorgenson
2802 Janitell Road
Colorado Springs, CO
80906
719-572-5155 (Office)
719-572-6742 (Fax)
Sunday
9/5/2010
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 Debt consolidation is a popular option for reducing debt. We help many debt-burdened people with debt consolidation solutions.
The benefits of a debt consolidation loan are: - Elimination or reduction of past interest and penalty:
If you borrowed $2,000 five years ago, you may now owe the credit card company thousands of dollars more. A debt consolidation program eliminates many of the interest and penalty charges, making your total debt much lower.
- Consolidation of Credit Cards:
If you have five credit cards, you are paying those five bills every month. Once you participate in a debt consolidation program, all of your accounts will be consolidated into one account. You would then need to pay only one monthly bill instead of five.
- Reduction of average interest rate on the total amount:
With five credit cards, your highest interest rate may be 18%, and the lowest interest rate may be 12%. When you consolidate your debt, your combined interest rate is usually much lower. The consolidated account might have an interest rate of only 8%, thereby reducing your average interest rate and monthly payment significantly.
- You become debt free sooner:
In some cases it might take you ten to fifteen years to overcome your debt situation. With a debt consolidation loan, you can become debt free usually in a much shorter period of time. Becoming debt free is a major goal for many of us. Improve your credit. Remove some stress from your life. Call us today about a consolidation loan.
Let us give you an idea of how we might be able to help lower your monthly payments, stop creditor harassment, and consolidate your bills into one easy payment.
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