It works. A large portion of your credit card debt can be forgiven, negotiated down, and written off for good. Not to mention the stress and sleepless nights from overwhelming amounts of credit card debt ruins your quality of life. It tears families apart, can lead to depression and quite honestly, can damage your health. Ohio State Center for Survey Research did a study that linked credit card debt to poor health. Professor Paul J. Lavkrakas was the co-author and director of that study. He says,

“Any one of us who has debt knows that it can cause stress in our lives, and it makes sense that this stress is bad for our health. The stress of owing money, and the knowledge that we are paying high interest rates, may lead to increased stress and worsening health.”

You can read the ScienceDaily resource article linked here:
https://www.sciencedaily.com/releases/2000/03/000306075256.htm

Debt Resolution is also known as Debt Negotiation or Debt Arbitration and Debt Forgiveness. DebtBlue has over 20 years of experience in lowering credit card debts. It is the process where a Credit Card company accepts a lower amount of payment for the amount of debt owed.

Our certified debt specialists negotiate on your behalf directly with your creditors.

When we’ve negotiated the best offer for you, we get your approval and pay that debt off. You never have to talk with your creditors! We take the stress and headache away from you by negotiating on your behalf.

Debt Resolution can be an effective way to reduce the principal portion or a have a portion of your credit card debt, department store bills and medical bills forgiven. Our program is best for people who have at least $10,000 or more in unsecured debt. It also works for people who have not been able to make regular credit card payments.

Believe it or not, the more you owe the more you can actually save.

It is not a good option for people that have secured debt against an asset like a car loan, home loan, boat loan or land.

The length of time it takes to resolve a debt depends on the number of debtors owed, the amount owed, and the time it takes to have an offer for payment. Instead of making regular payments to the credit card company, a consumer begins to save for a lump sum payment to the creditor. This can take 12 to 24 months or longer.

This is much faster than if you made minimum payments on your credit cards

For example, if you have a credit card balance of $10,000 at 19.88% interest (current interest rate offered to those with good credit) and you made a $170 monthly payment, you would: