A Debt Consolidation Agency or Debt Settlement Company can take all of your outstanding credit card debt and work out a new FederatedFinancial payment plan that will allow you to stay current on your debt and work out a payment plan that suits you. They will negotiate with your creditors on your behalf and will help you get a lower interest rate, reduced principal amount, and a longer term payment. Once they have negotiated a deal for you, they will then settle the debt for less than the amount you owe.

FederatedFinancial – Online Debt Consolidation Program

The company will negotiate with your creditors on your behalf and will help you get a lower interest rate, reduced principal amount, and a longer term payment. Once they have negotiated a deal for you, they will settle the debt for less than the amount you owe.

The debt consolidation company will consolidate all of your debts into one low-interest loan and one monthly payment. Your monthly payment will be lower because the company will be taking on one payment and you will only have to make one payment. You will have to make one payment to the consolidation company each month and they will then distribute the money to the creditors on your behalf. They will not charge any interest for the first few months and will just make one loan payment to the consolidation company.