Top FAQs About the Debt Crusher Pro
Q: What is debt negotiation?
A: Debt negotiation is a process where a professional negotiator contacts creditors on your behalf to try to settle your debts for less than what you owe.
Q: How long does the debt negotiation process take?
A: The length of the process can vary depending on the amount of debt you have and how much you can set aside for settlement each month. It typically takes 6-12 months to complete the program.
Q: Can I negotiate my debt on my own?
A: While it is possible to negotiate your debt on your own, it can be a difficult and time-consuming process. Professional debt negotiation experts have experience and expertise in dealing with creditors and can often secure better settlement offers.
Additionally, debt negotiation professionals can provide personalized debt relief plans and offer guidance on managing your finances to avoid falling back into debt. It’s not just about negotiations, it’s about having a comprehensive plan to achieve long-term financial stability.
Q: Will debt negotiation affect my credit score?
A: Debt negotiation may have a negative impact on your credit score. However, once you complete the program, you can start rebuilding your credit.
Q: How much does debt negotiation cost?
A: The cost of debt negotiation can vary depending on the amount of debt you have. Typically, debt negotiation companies charge a percentage of your enrolled debt or a monthly fee. But Debt Crusher only charges monthly fees. Get a quote now.
Q: Can I still use my credit cards while in debt negotiation?
A: No, it is recommended to stop using your credit cards while in debt negotiation as it can hinder the negotiation process.
Q: What types of debts can be negotiated?
A: Most unsecured debts such as credit card debts, medical bills, personal loans, and some types of business debts can be negotiated.
Q: Will I be able to continue paying my bills while in debt negotiation?
A: Yes, you will still need to pay your regular bills such as rent, utilities, and car payments. Debt negotiation only focuses on unsecured debts.
Q: Can debt negotiation guarantee a certain percentage of my debt?
A: Yes, Debt Crusher is guaranteed to lower 30-50% of your debt. Even more in some cases.
Q: Will I be able to get credit after completing the debt negotiation?
A: Yes, you will be able to apply for credit again after completing the debt negotiation. However, your credit score may be lower initially.
Q: Is debt negotiation the same as debt consolidation?
A: No, debt negotiation and debt consolidation are different. Debt negotiation involves negotiating with creditors to settle debts for less than what you owe. Debt consolidation involves taking out a new loan to pay off multiple debts.