Facing a stack of credit card bills that you cannot handle? Do you wish there were a place you could turn to and have it all go away? Well, you are in the right place as Nationwide Debt Reduction, in business for over 13 years now, has been helping folks just like you pay off their debt by having our professionals negotiate and settle your debt for a fraction of what you owe.
Naturally you may think to yourself that this is something you could do on your own. Well, we write about that extensively in our blogs. However, credit cards companies do not like dealing with people they do not know directly, and rarely will give you the percentage of discount that a professional can negotiate for you on your behalf.
Debt negotiation is definitely a relationship business. As a result, if you have attorneys who are dealing with the same person at a credit card companies year after year, they will always get a better deal than having to talk to someone they do not know or have never spoken to before.
We are confident you have heard about debt settlement or debt negotiation programs either on the radio or TV. In fact, we have clients tell us, “Everyone else is in a debt settlement program, why not hire a professional to help us pay off our credit card debt and get the debt help that we need too?” Therefore, you can take heart as you are not alone!
Nationwide Debt Reduction, Inc. began helping people become debt free back in 2000. As one of the first companies in the debt relief business, the company then incorporated in 2002. Our track record, as evidenced by the Better Business Bureau, of helping individuals, families and small businesses pay off debt through the debt negotiation and debt settlement process is second to none. In 2008 our company actually doubled in size as the first recession took hold on the United States. Since that time many more Americans have been hit with one the largest credit crises in U.S. history.
We have seen housing prices have drop over 35% and over half of American homeowners are “under water” with their current homes with no end in sight. At the same time, “hidden inflation” has grown at its highest rate in nearly 10 years, led by rising food and gas prices, which the government does not count in its statics. American companies, as well as state and local governments both large and small, have been laying off employees at unreasonably high rates, leaving all of us behind in what we call “the debt trap.”
The debt trap is a term we coined whereby people make the minimum monthly payment on their credit card debt each month or perhaps a little bit more than the minimum monthly payment, however because credit card companies are constantly raising interest rates (many times without warning), never seem to make a dent with paying off the principal that they owe. It all just goes towards paying interest.
In addition to all of this, there now seems to be a proliferation of debt reduction or debt relief companies advertising on TV and radio, promising debt settlement solutions utilizing “secrets that the credit card companies do not want you to know.” Rest assured there are no “secrets” in the debt settlement process.
The logical question that follows from this is; “How does Nationwide make its money?” The answer is very simple. Nationwide’s professional negotiators earn 25% of the dollar amount they save you. The system is incentive-based, in that the more money you save, the better it is for you and for them.
Let’s say you owe a creditor $1,000, and our attorneys negotiate that down to $400. You would pay 25% of the dollar amount you saved (25% x $600 = $150). So in this example, your total payout is $400 to the credit card company and $150 to the negotiator for a total of $550. You originally owed $1,000. Therefore, your total payout is 55%.
Let’s say you owe another creditor $1,000, however this time our attorneys negotiate that down to $300. You would pay 25% of the dollar amount you saved (25% x $700 = $175). So in this example, your total payout is $300 to the credit card company and $175 to the negotiator for a total of $475. You originally owed $1,000. Therefore, your total payout is 47.5%.
From here it is easy to see that the lower our attorneys can negotiate your debt down, the better it is for you and the better it is for them. It is a win-win situation.
The biggest question you need to answer for yourself is, “Which debt relief or debt settlement company out there can I trust to get me through this process?” The answer we believe is Nationwide Debt Reduction, Inc. In business for over 13 years, and understanding professionals, many of whom have been in the debt trap themselves.
If you would like a free consultation, simply click: http://nationwidedr.com/contactus.asp or call us toll free at 800-890-6658. We can help walk you through Professionals are standing by to take your call, spend time with you and go through the debt settlement process.