Bad Credit Debt Consolidation Loan
ArizonaDebtRelief.org
Arizona's Trusted Name in Debt Relief
See If You Qualify 1-855-855-6772
McAfee SECURE sites help keep you safe from identity theft, credit card fraud, spyware, spam, viruses and online scams
Privacy Verified
Security Seal
Which debt relief program saves you the most each month?
Find out today which debt relief programs you qualify for and how much money you could be saving each month!
  • $80,000 debt relief savings estimate 13 minutes ago in Farmville, VA
  • $30,000 debt relief savings estimate 3 hours ago in Martinsville, VA
  • $125,000 debt relief savings estimate 3 hours ago in Sterling, VA
  • $100,000 debt relief savings estimate 3 hours ago in Vienna, VA
  • $30,000 debt relief savings estimate 4 hours ago in Collinsville, VA
  • $35,000 debt relief savings estimate 4 hours ago in Chesapeake, VA
  • $45,000 debt relief savings estimate 5 hours ago in Williamsburg, VA
  • $50,000 debt relief savings estimate 5 hours ago in Charlottesville, VA
BBB A+ Rated
Powered by Envoy
Debt Relief – How It Works
Over the years one of the most common questions we get from people who come to our site is "How does it work?"
This video explains how the free debt relief savings estimate works, how debt relief programs work and if there is any cost.

Bad Credit Debt Consolidation Loan

Due to uncontrollable financial hardships, many residents in Arizona and other states are experiencing their own personal debt crisis and considering getting loans to help. In many cases, these consumers have been forced to depend on their credit cards to pay for essentials like food, clothing, or utilities. As a result, many consumers are struggling with high credit card debt and are falling several months behind on their payments; a situation that can certainly lead to bad credit ratings.

If you are also experiencing your own debt crisis, you can breathe a little easier because help is available--in the form of debt consolidation, debt settlement, or even loans. If you have ever come across the term "credit counseling" and wondered, "Is that the same as consolidating my debt?" then you're already on the right track. As you may have guessed, debt consolidation, or credit counseling, allows consumers to combine multiple credit card and unsecured debts into one, easier-to-manage, and simplified payment made to a credit counseling agency.

While debt consolidation has certainly helped many consumers in debt, there are alternatives to this approach. Depending on your situation, your other debt relief options may also include debt consolidation loans and debt settlement. Like debt consolidation, debt settlement and loans have become popular alternatives to bankruptcy--which has a more damaging and longer lasting impact on personal credit.

To find out how much debt relief can save you, request a free debt relief analysis along with a savings estimate--at no obligation to you.

"Why Should I Consolidate?"

Often, when given the choice of dealing with multiple payments every month or having just one payment to worry about, many consumers choose the latter. That is generally the idea behind debt consolidation or what is also known as a debt management plan (or DMP). Debt consolidation allows you to combine, or "consolidate," multiple credit card and unsecured debts into one, more structured, and more manageable monthly payment made to a credit counseling agency.

When you enroll in a debt consolidation program, credit counselors review your finances--taking into account your debts and source of income. Once they determine how much money you can reasonably allocate to paying off your debts, they will typically develop a strategy, submitting proposals to creditors asking for reduced interest rates, or the waiving or elimination of any late fees or penalties. Creditors that agree to the proposals are placed into the debt management plan.

"What Are Debt Consolidation Loans?"

Many consumers in Arizona apply for debt consolidation loans to help pay off their credit card debts and other types of unsecured debts (such as medical bills, retail store charges, or even utilities). With their reduced interest rates, debt consolidation loans can certainly help many individuals trim their debts because they have, ideally, combined all their high-interest debts into one, lower interest loan.

However, debt consolidation loans can be risky: Debt consolidation loans typically involve taking unsecured debt and paying it off with funds that come by way of a "secured" loan, meaning, it is generally a loan where you would have typically put up your home or other asset to get approved. If, for any reason, you fail to make your loan payment, you would have essentially put your home at risk.

In many cases, consumers who get debt consolidation loans also end up using their credit cards again and ringing up new charges. As a result, many of them will have new, high-interest credit card debts to deal with on top of their loan. Under this scenario, a debt consolidation loan has generally not provided relief but made their debt situation go from bad to worse.

"How Does Consolidation Compare with Loans?"

While debt consolidation and debt consolidation loans can both provide relief, the process in which they help you pay off your debts may vary. As mentioned earlier, with a debt consolidation loan, the goal is to combine high-interest credit card and unsecured debts into one, lower interest loan. Since it generally means taking unsecured debt and paying it off with funds that come by way of a "secured" loan, you could be putting your home or assets at risk--should you default on the terms of your loan agreement.

In contrast, with debt consolidation, you are typically combining or consolidating credit card and unsecured debts into one, more structured, and more lenient monthly payment made to a credit counseling agency. The goal of debt consolidation is, with a single, more structured, and more affordable payment plan, you can, ideally, reduce your debts sooner than if you continued making the monthly payments on your credit card debts at higher interest rates. It stands to reason then that for many consumers, debt consolidation, if followed faithfully, may be a preferred way to pay down debts at a more predictable pace.

Compare your debt relief options today by taking a minute to answer just a few, simple questions and request your free debt relief analysis and savings estimate. Start today!

Saving thousands of dollars feels really good!
Know your debt relief options.
People helping people get the debt relief they need.

Creditors calling?

When you're falling behind with credit card debts and creditors are calling – it feels great to know that there's a debt program to lower your payments and get you out of debt much faster than you ever imagined.
Who we're helping right now...
$30,000 debt relief savings estimate
– Miami, FL

Unexpected bills

Credit card debts and unexpected medical bills can put you in a real bind. Fortunately, debt relief plans can reduce interest rates, lower monthly payments, and help you get out of debt faster.
Who we're helping right now...
$30,000 debt relief savings estimate
– Miami, FL

A brighter future

When you work hard to provide a bright future for your children, you don't want high interest credit card debts to get in the way. You need a proven path to become debt free as quickly as possible.
Who we're helping right now...
$10,000 debt relief savings estimate
– Raeford, NC

Debts piling up

When you own your own business, it's easy for credit card debts to become a problem – bills piling up, creditors calling, and you need a way out. The good news is, debt relief can help you save money each month and take control of credit card debts.
Who we're helping right now...
$90,000 debt relief savings estimate
– Cordell, OK

Supporting a family

Credit card debts can add up quickly, especially when families run into unexpected expenses like medical bills, or loss of a job. The good news is there are credit card debt hardship programs that can help you.
Who we're helping right now...
$35,000 debt relief savings estimate
– Columbia, MO

Financial hardships

When you go through tough times and credit card debt start closing in on you – it feels good to know there are debt hardship assistance programs to help you get back on track.
Who we're helping right now...
$20,000 debt relief savings estimate
– Monroe, LA

Retire debt free

When you're planning for retirement, paying monthly credit card minimums will get in the way of your dreams. The good news is, credit card companies may be willing to reduce your interest rates, waive late fees or even settle debts for much less than you owe.
Who we're helping right now...
$50,000 debt relief savings estimate
– Oklahoma City, OK