Debt Relief Solutions

Living debt free is the best way to live your life. Get informed on ALL your options before making any life changing financial decisions.

How to Find the Best Debt Relief Services

Living a debt-free lifestyle is one of the smartest decisions you can make.

It’s also one of the hardest decisions, especially if you’re already burdened with heavy debt or living paycheck to paycheck.

Sometimes, it can seem virtually impossible to get back to zero.

If your credit cards, personal loans, or medical debts have become unmanageable and you owe over $20,000… We can help!

Fortunately, debt relief programs can help you get your finances back on track.

But first, let’s take a look at how debt relief works…

How Does Debt Relief Work

Debt relief is the process of reducing or eliminating debit through negotiation with creditors.

There are several ways to become debt-free, but the most appropriate solution for you will vary depending on the type and amount of debt you have, your financial resources, and your ability to make payments.

Some of the most common debt relief solutions include debt settlement, debt consolidation loans, and credit counseling.

Debt Settlement

One common form of debt relief is called debt settlement.

Debt settlement can go by different names. Some companies call it debt negotiation, while others call it debt resolution (what is the solution?). But all these terms mean the same thing: significantly lower your overall debt by talking with your creditors and debt collectors.

This process involves negotiating with creditors to get them to agree to accept less than the full amount owed. Debt settlement can be an effective way to reduce debt, but it can also temporarily lower credit scores. If you have over $10,000 of unsecured debt (credit cards, medical bills, etc.) and can’t keep up with the minimum payments, then a debt settlement program could be your best option.

It’s important to know that banks and debt collectors do not have your best interest in mind when it comes to debt relief, which is why most people hire debt relief services or a debt settlement company like United American Relief's to interact with them on their behalf. Doing so helps ensure they’re not being taken advantage of by a bank or other financial institution.

Debt Consolidation Loans

A debt consolidation loan (what is the debt consolidation?) is a debt relief method used to pay off multiple high-interest unsecured debts.

Debt consolidation loans allow you to have only one monthly payment, usually at a lower interest rate.

Debt consolidation can be helpful as many people get caught in a minimum payment trap each month where they only pay the interest on their debt and do not actually pay any of it off.

By getting a debt consolidation loan with a lower interest rate than you currently pay, you can use the saved money to pay down the debt.

Debt Consolidation Loans And Bad Credit: How Does Credit Impact Your Loan?

Another reason people choose a consolidation loan is to protect their credit score.

With debt consolidation, you pay off your debts in their entirety.

If you are employed and able to make your minimum monthly payments, a debt consolidation loan could be a good option.

If you have bad credit, it may be challenging to qualify for a traditional debt consolidation loan.

Several lenders specialize in providing loans to people with bad credit, but these loans often come with high-interest rates and fees.

Are Debt Consolidation Loans A Good Idea?

Debt consolidation loans can be a good idea if you struggle to manage multiple debts.

A debt consolidation loan will allow you to pay off multiple debts with a single, new loan. If you’re considering a debt consolidation loan, comparing offers from multiple lenders is important to ensure you’re getting the best deal possible.

Consider whether consolidating your debt will actually help to improve your credit score. In some cases, it may be best to work on improving your credit score before applying for a consolidation loan.

Pros And Cons Of Debt Consolidation

There are both pros and cons to consolidating your debt. Some of the advantages of debt consolidation include the following:

Reduced monthly payments
When you consolidate your debt, you may be able to lower your monthly payments. This can free up some extra money each month that you can use to pay down other debts or save for the future.

Lower interest rates
If you qualify for a consolidation loan with a lower interest rate than what you’re currently paying, you could save money on interest charges.

Simplified bill-paying
When you have multiple debts, it can be difficult to keep track of everything. Consolidating your debt into one loan can make bill-paying simpler and help you avoid late payments or missing payments altogether.

There are also some disadvantages to be aware of when it comes to debt consolidation, including:

Risk of Paying a Higher Interest
If you extend the repayment period for your consolidation loan, you may end up paying more in interest over the life of the loan.

Risk of Damaging Credit Score
If you consolidate your debt with a high-interest loan, you could damage your credit score.

Risk of Running Up a New Debt
One of the dangers of consolidating debt is that you may be tempted to run up new debt using freed up spending.

Credit Counseling And Debt Management

Credit counseling agencies, sometimes referred to as debt relief solution companies are usually non-profit organizations that work with banks to lower interest rates.

Through a debt management plan (DMP), you will work to pay back all of your debt owed and lower your interest rate.

In order to be accepted into a DMP, you will need to have a reliable monthly income and be able to keep up with your current minimum payments. Credit counseling is a good option for those not looking to damage their credit score.

Learn more about credit counseling? to see if this is your best option.

At United American Relief, we understand the unique financial challenges people are facing today.

As America’s trusted source for debt relief solutions, we aim to empower you with financial knowledge that can lead to informed decisions, whether it’s about savings, investments, or managing debt.

If your debt has become unmanageable and you have difficulty making your debt payments each month, then you should consider a FREE consultation call with one of our certified Debit Consultants, who can provide personalized debt relief advice tailored to your specific needs.

By taking proactive steps today, you can put an end to your financial stress and work towards a brighter financial future. 

Remember, there is always hope for debt relief, and our team of experienced professionals are ready to guide you on your journey to regaining control of your finances.

Copyright © 2023 United American Relief Funding, LLC dba United American Relief Financial. All rights reserved.

*Assumes all of your debts are eligible for enrollment, are enrolled in the program, and you successfully complete the program. The majority of clients who successfully complete the program resolve their enrolled debts in 24 - 48 months (average 35 months).

United American Relief provides debt resolution services. Our clients who make all monthly program payments save approximately 40 – 50% of their enrolled debt (average of 45%) upon successful program completion, before program fees. Fees are based on a percentage of your enrolled debt at the time of starting the program and range from 14%-29% of your enrolled debt. Programs typically range from 24-48 months. Clients must save at least 25% of each debt due to an enrolled creditor before a bona fide settlement offer will be made. On average, clients receive their first settlement within 3-6 months of enrollment and approximately every 3-6 months thereafter from when the prior debt was settled. Not all clients complete the program. Estimates are based on prior results and may not match your results. We cannot guarantee that your debts will be resolved for a specific amount or percentage or within a specific timeframe. We do not assume your debts, make monthly payments to creditors or provide tax, bankruptcy, accounting, legal advice or credit repair services. Our program is not available in all states; fees may vary by state. Some programs may be offered through The Law Firm of Higbee & Associates d/b/a Advantage Law. The use of debt resolution services will likely adversely affect your credit. You may be subject to collections or lawsuits by creditors or collectors. Your outstanding debt may increase from the accrual of fees and interest. Any amount of debt forgiven by your creditors may be subject to income tax. Clients may withdraw from the program at any time without penalty and receive all funds from their dedicated account, other than funds earned by the company or fees paid to third-party service providers, as may be applicable. Read and understand all program materials prior to enrolling. Certain types of debts are not eligible for enrollment. Some creditors are not eligible for enrollment because they do not negotiate with debt relief companies. To determine the offers you may be eligible for, United American Relief conducts a “soft credit pull.” This credit pull does not impact your credit score, creditworthiness, or ability to obtain credit from other sources. The soft pull is not a tradeline entry, does not report against your score and will only take a few minutes.

United American Relief  Funding, LLC (3713 Pine St Jacksonville, FL 32205) is fully accredited by the Better Business Bureau (BBB) and the American Association for Debt Resolution (AADR). CA Department of Financial Protection and Innovation (DFPI) License # 603K916.