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What is Debt Reduction or Consolidation?

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What is Debt Reduction or Consolidation?

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Debt reduction or consolidation combines all of your unsecured monthly bills into one, lower monthly payment with a lowered interest rate. The service that iDebtAssistance provides is NOT A LOAN. However, we are able to assist our clients in drastically reducing their overall interest rate, monthly payments, and, most importantly, pay-off time. We offer our service through a non-profit credit counseling agency that is designed to assist consumers in the repayment of their unsecured debt. Creditors receive certain tax savings for contributing to the program, in return they offer reduced interest amounts sometimes as low as 0%. Only non-profit credit counseling agencies like ours can offer you the services to get you the best rates. How does the iDebtAssistance work? A certified, experienced credit counselor will contact your creditors to negotiate your interest rates and monthly payments into a reduced amount that you can afford to pay. Many credit counseling agencies already have worki

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