Florida Debt Elimination Expert
Many consumers that have alot of credit card debt are lured into the many advertising of Florida Debt Consolidation companies and believe these companies will be their saving grace, but this could be far from the truth. How they sell you this debt consolidation program is by telling you that they can combine all you loans, where the consumer will only have one monthly payment and they will give a better interest rate so the payments are lower that what the consumer was paying before.
"The problem with this is that sometimes they are taking your short term debt and converting it into long term debt, as sometimes they have to extend the loan terms, as well as add in the fees that are associated with a Florida Debt Consolidation Program. So you do realize payment relief, but it will cost your more over the long run, says Marlon Baugh, Nationally Recognized Debt Elimination Expert."
But here is a better solution, what they don't tell you is you can get these lower rates yourself, without having to pay a company these large fees,simply by calling your credit card company and asking. You have to be persistent however, so don't get discouraged if the representative tells you NO, instead ask for a supervisor or call back and speak to someone else.
Keep in mind everyone's situation is different and you should explore all you options if you are facing a mountain of debt, such as bankruptcy, credit counseling and debt settlement. You cannot take a one size fits all approach with getting out of debt.
Florida - based debt elimination expert Marlon Baugh specializes in providing information to consumers that allows them to make informed decisions about their credit cards and other debts so they can learn the insider secrets that can save them thousands of dollars over the life of their loan.
Marlon Baugh is available for interviews and will welcome all your debt related questions.
Call 954-678-5796 Ext.1 for a Free No-Obligation Consultation or visit
http://www.specializedfinancialsolutions.com/
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