JERRY is strapped with $25,000 credit card debt from five different credit cards, each with a high interest rate. Suddenly, he has lost his job and finds he needs debt relief before starting a new one which requires some training, so he sends us an application.  Right away, our ‘Fix It' team leaps into action and quickly restructures his debt.  Within hours he is set with a payment plan within Jerry’s budget, giving him time to focus on a new job rather than creditors calling to distract him from getting back on track.

THIS IS HOW WE FIX IT!

  1. 1. We settle the $25,000 credit card debt with the five credit card companies for $9,500.
  2. 2. We now fund the $9,500 settlement so that Jerry is no longer under the threat of creditors.
  3. 3. We create a new loan at $12,500 at a more manageable interest rate.

WE FIXED IT FOR EVERYBODY!  We have created happy credit card companies because they are getting 50-60 cents for every dollar that is about to go belly – up. Jerry is happy and finally at peace because he has lowered his payments and has the credit card companies off his back so he can focus on his new job and home life.

There are a few rules:

  1.  1. Jerry never sees the loan, it goes straight to the credit card companies.
  2.  2. Jerry is restricted from opening another revolving credit line, and if he does, he will be considered in default of the contract and his interest rate could go back up.

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