Best Alabama Debt Relief, Settlement, and Consolidation Programs
Alabama debt relief programs include debt negotiation and settlement services, debt consolidation, debt validation and consumer credit counseling. Alabama residents are eligible for all of these options, but depending on your particular situation is what will determine the right plan for you. You will get to make a choice based on what suits you best, and not based on how your creditors will benefit the most.
Credit card companies and student loan lenders are all about one thing and that’s making money. These programs are designed to watch out for the consumer’s best interest.
Are you ready to take back control of your debt? Here we go, let’s do it!
Step 1: Talk to an IAPDA Certified Alabama Debt Relief Professional
You start off with a free consultation with one of our IAPDA Certified Alabama debt relief specialists. IAPDA stands for International Association of Professional Debt Arbitrators. Reputable debt settlement and consolidation companies in Alabama are all members of this organization. The IAPDA makes sure that your debt specialists are highly trained and operate correctly.
If you have student loan debt, we will transfer you to a student loan relief certified professional. All of our student loan relief professionals are approved and accredited by the Association for Student Loan Relief. This organization trains our student loan relief experts on the different laws and on the newest regulations.
Step 2: Alabama residents get a free credit report
You will get a free credit report. We will review your credit report with you. We need to see what creditors you have, the balances and payment history. On our end, we will plugin your creditors’ names and all of the information into a password encrypted software that will give us all of your options within 60 seconds. Your private data remains safe and confidential in this debt relief software, and will only be accessed by Golden Financial Services and the debt relief experts helping you to get out of debt.
Step 3: Learn what Alabama debt relief program you qualify for
Your monthly payment options will be presented to you for each plan. Whichever program you qualify for, will offer flexible monthly payment options. You can pick a 2-year program, 3-year program and even a 12-month program.
Your new monthly payment all depends on how fast you want to get out of debt, but you get to make a choice based on what suits you best.
We will go over exactly how each program works, including the benefits and downsides of each plan so that you can intelligently pick your best option.
Step 4: Get debt relief program disclosures & compliance call
We send you the paperwork to review and sign electronically. You need to complete a 10-minute phone call where one of our compliance managers evaluate your program and all of the disclosures. This short phone call is to make sure that your IAPDA certified specialist didn’t miss anything and to make sure you fully understand each part of the plan. We need to be 100% certain on our end that you will make it through this plan successfully and get out of debt. (Your success = Our success)
Step 5 – Your Alabama debt relief program starts
You get approved or denied for the program at this point. 9 out of 10 times if you’ve made it this far you will get accepted. Our professionals at Golden Financial Services do a phenomenal job at pre-qualifying and getting clients approved for the right plan.
Your monthly payment won’t start for up to 2-3 weeks out, depending on when you last paid your creditors.
You get immediate relief now that your payment has been reduced and are on your way towards financial freedom finally!
If you have a question or want to enroll in a debt relief program:
Will Alabama debt relief programs hurt my credit?
Each debt relief program will have a different effect on your credit score.
The debt relief programs in Alabama that don’t pay your creditors on a monthly basis will hurt your credit.
On the flipside, plans like consumer credit counseling and debt consolidation, where your creditors continue to get paid each month, don’t hurt your credit score.
To understand how debt relief programs affect your credit visit this page next.
What type of debt qualifies for Alabama Debt Relief, Settlement, and Consolidation Programs?
Any type of debt can be resolved with one of the new Alabama debt relief programs offered by Golden Financial Services.
Debt collection accounts can be disputed on a debt validation program or settled for less than the full amount owed with debt settlement services.
Consumer credit counseling in Alabama is specifically for credit cards with high-interest rates.
Alabama debt consolidation is available for federal student loans.
Call 866-376-9846 to learn more about Consumer Credit Counseling and Debt Consolidation for Alabama residents.
Consumer Credit Counseling Service – Alabama
Consumer credit counseling can;
- Consolidate your monthly payments into one
- If you are only late on credit card payments by a month or two, late fees can be waived and payments can be re-aged
- Reduce your interest rates
- Get you out of debt within 4.5 years
There are several Alabama debt relief, settlement and consolidation programs to pick from.
Yes, it can be confusing trying to figure out what the right debt relief option is, but that is why Golden Financial Services is in business. We can ease your concerns, answer your questions and allow you to make intelligent financial choices.
Best Alabama Debt Relief, Settlement and Consolidation Company
What’s different about Golden Financial?
- No other Alabama debt relief company gives you a money back guarantee and free credit repair
- Golden Financial guarantees you the lowest possible payment
- Golden Financial programs have been tested and proven to work
- ZERO BBB COMPLAINTS and in business since 2004
- Agents are IAPDA and AFSLR Certified and Accredited
We can enroll you in the right program if you’re eligible and if the program will allow you to accomplish your goals.
What can debt relief programs do for Alabama residents?
- Simplify and consolidate payments into one affordable payment.
- Improves financial health and increases monthly cash-flow.
- Lets you know how many months are left until you’re debt free.
- Comes with free credit repair.
- Reduces balances by up to 40% with fees included.
- Alabama residents can become debt-free in under 3.5 years, versus 5+ years on their own!
If you have a question or want to enroll in a debt relief program directly:
Debt Settlement – Alabama?
Your debt can be negotiated down to a small fraction of the balance owed. If you owe $10,000 on a credit card debt, our debt negotiators can reduce the balance down to around $4,000 to $5,000. After adding in the debt settlement company fee, you end up paying only around 70% of your total balance.
On top of saving around 30% on your balances, you will be saving additional money by not having to continue paying interest on your credit cards every month. While on a debt settlement program late fees and interest may accrue, but when it comes time to settle your debt the past due charges and interest get mitigated into the settlement.
After your debt is reduced and paid in full, you will get a confirmation letter from your creditors confirming the balance to be $0 owed. The amount of debt that gets reduced is forgiven and wiped clean.
Are you considering debt settlement? Alabama residents are eligible for a free consultation with an IAPDA Certified Debt Counselor.
If you have a question or want to enroll in a debt relief program simply:
Debt Consolidation – Alabama
Credit card debt consolidation in Alabama is a very popular option, but only for consumers who have a high credit score.
Student loan debt consolidation in Alabama is available for anyone in the state that has federal student loans. You don’t need to have a high credit score to consolidate your federal student loans. Alabama residents are eligible for a free consultation from a student loan specialist. Our student loan experts are all certified and accredited by the Association for Student Loan Relief (AFSLR).
Here at Golden Financial Services, our Alabama debt relief specialists are all certified and accredited by the International Association of Professional Debt Arbitrators.
What program in Alabama will reduce my interest rates and consolidate the payments?
If you’re looking to reduce your credit card interest rates, Alabama consumer credit counseling is made just for that. Consumer credit counseling plans in Alabama will combine all of your monthly payments into one affordable payment.
Need consumer credit counseling? Golden Financial Services can transfer you to a non-profit consumer credit counseling company in Alabama, one that we work with and trust.
Credit repair in Alabama
You dispute a debt through the credit reporting agencies, like Experian and Transunion.
The credit reporting agencies will then contact your debt collectors and request proof of the debt.
If the debt collection company fails to provide the credit reporting agency with proof of the debt within 30-days, the debt and it’s associated negative marks will be removed from your credit report.
The debt collection companies will often get these disputes and ignore them.
Over a $100 debt, often they don’t even want to bother trying to put all the documents together that a credit repair company is requesting.
If the debt collection company ignores the dispute, within 30-days the credit reporting agencies will remove the debt from your credit.
Debt Validation – Alabama
Debt validation is dealing directly with the debt collection companies, but credit repair is dealing with the credit reporting agencies.
Alabama debt validation companies will dispute a debt. Now the debt collection company will have to provide items including the original agreement that you signed with the original creditor when you first applied for the credit card or loan, accurate and complete records and even proof that they’re licensed to collect on a debt in your state.
See, federal laws require debt collection companies to maintain certain documents and accurate information. Debt collection companies are also legally required to keep specific details about the debt. (i.e., When the statute of limitations expires on the account, the address for your original creditor, the date you opened the credit card)
A debt validation company will send the debt collection company a declaration that may have 50 questions on it that the debt collection company must accurately answer. These questions are all relevant to providing the evidence necessary to prove they are legally authorized to collect on the debt.
When a consumer requests proof that a debt collection company is obeying the laws and has the documents that they’re required by law to hold onto, the debt collection company must now supply these items to the consumer (by law). If they can’t produce even one item that federal regulations require them to hold onto and maintain, they must stop coming after you for the debt and stop reporting the negative marks on your credit because the debt is no longer considered a valid debt.
If any information is inaccurate and any records or documents are missing – the debt becomes legally uncollectible. A legally uncollectible debt is on that you DON’T HAVE TO PAY.