Bad credit debt consolidation loans for people with bad credit history are quite difficult to obtain. It is sad to say that your credit rating is valuable when you are applying for any kind of loan. But there is hope.

Considering this, you now know how essential it is for you to keep a good credit rating. Not only will you be able to easily apply for a loan, but it is also important to your social and financial credibility.

There are many companies now that offer bad credit debt consolidation loans. However, none of them really has as many benefits as debt negotiation. Debt negotiation is the quickest, easiest and safest way to get out of debt. It’s the process of negotiating with your creditors to lower the balance of all your credit card debt.

It is a program that targets your principal debt load. It can significantly decrease your debt. Your monthly payment will be reduced as much as 60%. The program takes about 2-4 years to pay-off.

As with any debt elimination strategy, there are a few drawbacks. First, your credit will be negatively affected. This is due to the immediate halt of making your monthly payments.

Next, your creditors/debt collectors may file a lawsuit for non-payment of your debt. Last, there are many scammers in this industry.

If you decide that debt negotiation is right for you, make sure you hire a company that offers free attorney consultation, free credit repair, and can provide you with evidence of their credibility.

Bad credit debt consolidation loans can also help you pay-off your debts and improve your credit rating. Though you will find it hard to look for a creditor who is willing to take a chance on you, there are consolidation companies that specialize in helping people with bad credit history obtain a loan for consolidation.

Though the loan that will be granted to you will cost higher interest because of your adverse credit score, it will still dissolve your unsecured debt faster than making minimum payments.

Consolidating your debts will give you the benefit of a low monthly payment scheme and longer term of repayment. A low monthly payment will lessen your chance of missing your payment. This can greatly improve your credit score. Also, it allows you to live a comfortable life while paying your debts.

Bad credit debt consolidation loans do exist and you may choose to take advantage of them if you qualify.

Debt Free Solutions is a debt consulting company located in Long Beach, CA. We have been in business for 10 years. We assist Americans across the U.S. to eliminate excessive credit card and other unsecured debt.

We utilize various programs and strategies to aid them in dissolving their debt in the quickest, safest, and most efficient method possible. We also analyze the risk factor. We structure our programs to drastically minimize the risk that is inevitable with all debt elimination programs.

We offer our clients much more than a debt settlement company does. The vast majority of debt negotiation companies simply settle your debts on your behalf with your creditors- nothing more.

On the other hand, we provide free services to significantly help to minimize the risks that are involved in negotiating with your creditors.

First, we offer a free, no-risk 10 day trial service. During our free trial, we negotiate with your creditors on your behalf to lower your interest rates. Also, we research to see if you have any old debts that you are not legally liable to repay. If, for any reason, you are not completely satisfied, you simply walk away. No commitments. No contracts.

Next, we provide a comprehensive credit repair service to all our clients. This is a $795 service that is absolutely free!

Also, we offer free attorney consultation (a maximum of five sessions) in case one or more of your creditors makes any threats.

Last, we provide a written guarantee that our clients’ creditors will settle for an average of 50% or more for all of the debts they attempt to negotiate.

Our services are competitively priced- and include the above free services!

Joseph Hernandez

CEO

Debt Free Solutions

www.debtfreesolutions.mobi

(800) 668-8090