Today, more and more families are in debt and this is causing severe problems with family finances. But as I near retirement, even the knowledge that I was not alone in my financial crisis didn’t make me feel any better. I wanted out of debt, and wanted to have a good credit score. I was truly desperate so I started looking for solutions and that is when I found CareOne Credit Counseling.
This company treated me like a real person. They did not give me a sales pitch, or tell me anything I wanted to hear just to get my business, but they were also very understanding and wanted me to know what my real options were for my specific situation.
CareOne proved itself to be a company that is about more than just getting as many clients as they can. Their mission is to teach people about finances, and financial responsibility. So far they’ve helped over 4.5 million people clear up their debt and there is a reason for that. The reason people like me choose their company is because they are responsible, caring, and they practice what they preach.
They give you several options, and give you as much information as is humanly possible about how to budget finances, save for retirement, spend less, and especially how to get rid of debt.
They also have three debt solutions that they personalize to each client’s needs.
Debt management plans are for people who need some help figuring out how to keep up with monthly debt. This option will consolidate all of the unsecured debt and then create one monthly payment. But while you make that monthly payment you will also be taking the program classes and once you complete the program you will have finished paying off all that debt you had.
Often people that go into this plan can have their debt paid off in as little as three to five years, whereas if they tried to pay it off on their own with minimum payments it may take as long as 30 years.
Debt settlement is another option when you just can’t make the monthly payments of a debt management plan. CareOne will work to negotiate the settlement with your creditors, and thus allow you to only pay off a certain amount or percentage of your debt.
This is a more risky plan because your debt isn’t paid in full, but it helps those with more extreme debt. It’s an option for those that are considering bankruptcy.
However, CareOne is making debt relief possible for more people by reducing the origination fees for debt settlement by up to 87% compared to other companies. This only makes sense when you consider that those needing debt settlement need all the help they can get with the fees involved.
CareOne also helps people who have to undergo bankruptcy, but this option is only a last resort for people that cannot even repay a part of the debt they owe. If you need this kind of help then CareOne can connect you with a national law firm experienced in handling bankruptcy cases.
As you can see CareOne can solve a lot debt issues and is willing to go the extra mile and teach you how to plan your finances better. With their help I’m now back on track to reach retirement by my goal date. Thanks CareOne.