Welcome to Nationwide Debt Reduction, Inc., a Christian debt settlement company. Nationwide Debt Reduction, Inc. has been in business for over 14 years, helping individuals, families and small business get out from under their unsecured debt through our incentive based debt negotiation process.
So how does this process work? Well, we offer a very unique debt relief program whereby our debt negotiation center is designed to get the credit card debt that you owe settled for the lowest amount possible. Many times this could be as low as $.30 to $.40 cents on the dollar. The lower our negotiators can negotiate your credit card debt down, the more money they earn and the less amount you owe on your credit card debt, helping you on your way to becoming debt free!
So, how to calculate your debt. Let’s say you owe one of your creditors $5,000.00. Then, one of our negotiators contacts your creditor and negotiates a discounted settlement of say $.35 cents on the dollar or in this example $1,750; ($5,000 x .35%). The negotiators earn 20% of the dollar amount they save you. Therefore, in this example the negotiator would earn $650.00. We arrive at that number by taking $5,000 – $1,750 = $3,250. 20% of $3,250 = $650. In this example you would end up paying a total of $2,400 ($1,750 to the credit card company and $650 to the negotiator).
Now remember you originally owed $5,000. Therefore, if you divide $2,400 by $5,000, you paid $.48 cents on the dollar for that entire transaction. Not a bad deal since you originally owed them $5,000.
Now, let’s take a look at the same creditor that you $5,000 to. However, in this example the negotiator has a better relationship with that company and can get them to accept $1,500 as payment in full for your account. In this example you would have saved $3,500. Multiply that by 20% and you get $700. So this negotiator made an extra $50 than the one in the above example. However, you only paid the creditor $1,500. So, $1,500 + $700 = $2,200. $2,200 divided by the original amount you owed, $5,000 = 44%.
In summary then the lower our negotiator can get your debt settlement down, the better it is for you and the better it is for them. It is a win-win situation. Therefore, when we say debt relief we truly mean debt relief. Most of clients finish our program somewhere between $.48 to $.57 cents on the dollar, including ALL FEES.
That is why we feel it is no coincident that you came to our debt relief help site in order to have a professional company help you become completely debt free by utilizing our debt negotiation and debt settlement process.
Therefore, if you are truly looking for an ethical and moral Christian company to help you become debt free and pay off debt through this process, please click on this link, Contact Us, and complete the form, or simply call us toll free at 1-800-890-6658. One of our professional advisors would be happy to answer your questions on how you too can become completely debt free in three years or less!