With so many tempting credit offers on the market these days, and with irresponsibly aggressive marketing techniques being used by many finance providers, an increasing number of people are finding themselves overwhelmed by personal debt. Convenient, high interest credit cards in particular are causing financial grief to a growing number of consumers. Nowadays it is just too easy for credit consumers to borrow more money than they can afford to repay.
Financial problems can escalate out of control very quickly. Late or non-payment of loan installments can incur extra fees and extra interest. Debtors will often be tempted to take out further high interest loans to try to put their creditors off, even for a short time, but this inevitably leads to further trouble. Simply put, being in debt can get very expensive. Declaring personal bankruptcy is one possible solution, but this can have very negative consequences for future credit and finance access.
Fortunately, there is a better solution. DRS Debt Reduction Service is a non profit organization, specializing in credit card and unsecured debt relief. DRS helps clients to restructure and manage their debt, so that they may repay it in a gradual, controlled manner, without the stress and uncertainty of constantly being behind on repayments, and being harassed by creditors. More information can be found at http://www.finance4wealth.com.
Customers only need to fill out a simple online form, and they are contacted by a debt management advisor within 24 hours to discuss a plan. DRS then contacts all of the client’s creditors to negotiate a reasonable repayment deal. The debts are bundled into a single plan, and clients only need to make one repayment per month until the debt is cleared.
For applicants who are short on time, there is a quick quote application service available at the official website, which may be found at www.debtreductionservices.com.
Author: Sufi Fanning
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