Nationwide Debt Reduction money keeping is done when each month your checking or savings account is debited or drafted each month are placed in a separate dedicated account at another FDIC insured bank under your name. When you initially sign up for our program, you will receive another packet from our third party pro-rater, Global Client Solutions.
Secondly, you will be given a user name and password to access your account anytime you wish. You may also receive monthly statements either vie e-mail or via U.S. mail.
On that same note, we often get asked, “Can I put more money into my dedicated account to pay it off sooner and get out of debt faster?” The answer of course is absolutely yes. As a debt settlement company, our goal is to help you get out of debt as soon as possible. On top of that, we do have clients who earn quarterly bonuses, get tax refunds, or work in sales, whereby they may get large bonus payouts for higher sales.
Regardless of how you accumulate money, you can add extras monies to your account any time you want. You should also know that there is no such thing at Nationwide Debt Reduction as an early termination fee. Most of Nationwide Debt Reduction’s clients finish sooner that what we quote you anyway, just by the nature of the settlements we are able to get for our clients. Should that happen in your case, your account is simply closed, there are no more monthly drafts taken out of your account, and any monies left in your savings/dedicated account are sent back to you in one lump sum.
That is why we strongly recommend Nationwide Debt Reduction as the choice for your debt management needs. A strong company, with a strong bank behind us, to help you get out debt and stay out of debt forever!