6 ways that helps you to fix your financial problems. Check the presentation created by Debtconsolidationcare.com and implement to become debt-free sooner.

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2. + What are the 6 types of debt solutions?
Debt settlement
Debt consolidation
Debt management
Bankruptcy
Self repayment plan
Ostrich method

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Why do you need various types of debt solutions?
Different types of debt solutions are custom-made
for different kinds of financial problems.
 Debt settlement – When you can’t pay off the full
amount
 Debt consolidation – When you can’t tackle multiple
bills
 Debt management – When you can’t pay the high
interest rates
 Bankruptcy – When you’ve no other option to solve
financial problem
 Self repayment plan – When you want to fix problem
without any professional help
 Ostrich method – When you’re fed up & don’t want
to repay bills

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What are the benefits of debt solutions?
Savings on principal amount
Easy monthly payment plan
Savings on interest rate
Repayment of bills in a legal
way
Less chances of getting
collection calls

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Do you have to pay fees for getting debt solutions?
Debt settlement – Yes
Debt consolidation – Yes
Debt management – Yes
Bankruptcy – Yes
Self repayment plan – No
Ostrich method – No

6. +
Does debt solutions prevent you from getting
new credit?
It depends upon the type of debt solution you’re using
 Debt consolidation – You’ll obtain a loan after
sometime
 Debt settlement – It’ll be slightly difficult to get new
credit
 Debt management – You’ll have to wait for sometime
to get credit
 Bankruptcy – You’ve to wait for 2-4 years to get credit
 Self repayment plan – It’ll be easy to obtain a new
loan
 Ostrich method – Most lenders will refuse to give you
a loan

7. + How can you choose the best solution?
Make a comparative
analysis of debt solutions
Make a detailed study of
your financial situation
Find out which solution
will be most effective for
you

8. + What are the 3 tips you need to use while
using debt solutions?
Work with firms that
follow the FTC rules
Have a rigid control on
your expenses
Create an emergency fund

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