Benefits of Debt Settlement |
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By providing your clients with the option of Debt Settlement, you will not only save them thousands of dollars but you will retain them as a client for life, providing repeat business and more referrals. Take a look at the benefits Debt Settlement provides. The following table is a sample client with $25,000 in unsecured debt.
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Consolidation Loan |
Credit Counseling |
Do Nothing |
Debt Settlement |
| Total Unsecured Debt |
$25,000 |
$25,000 |
$25,000 |
$25,000 |
| Months To Pay Off The Debt |
60 |
60 |
410 |
36 |
| Interest Rate |
11.0% |
Variable |
18.9% |
None |
| Extra Interest Paid |
$7,613 |
$17,750 |
$41,455 |
None |
| Monthly Payment |
$543 |
$712 |
$750 |
$375 |
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| Customers Total Cost |
$32,613 |
$42,750 |
$66,455 |
13,500 |
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Is Your Client Considering Bankruptcy?
Personal Bankruptcy should only be considered as a last resort option to debt management because the consequences are long-lasting and somewhat severe. Since new laws have gone into effect, most of your clients will only for a Chapter 13. A Chapter 13 in most cases is a 5 year re-payment plan to creditors. The bankruptcy stays on your clients' credit for 10 years effecting the possibility of future business. If you could show your clients how easy it is to avoid BK and the benefits of debt settlement instead of just throwing that lead away all while making you some money wouldn't you. Then sign up today and STOP wasting your money, click here!
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