CANNAINVESTOR Magazine August / September 2017 | Page 226

Don’t Fall Victim to Financial Distress Caused by Credit Card Debt Credit counseling is the easiest, most effective way to explore the options for credit card debt and identify the best solution for your needs. HIGH MONTHLY CREDIT CARD PAYMENTS combined with even higher interest rates can make it al- most impossible to maintain control over your credit card debt. Even with your monthly payments you may not see much of a reduction in debt no matter what you do. What’s more, as your credit card balances increase, it can also cause problems for your budget – you end up juggling bills, choosing between expenses, and putting off important purchases. Luckily, there’s a way you can find the solution that works for your unique financial situation – and even better, it won’t cost a thing to get the information you need. CREDIT COUNSELING IS THE EASIEST, MOST EFFECTIVE WAY TO EXPLORE THE OPTIONS FOR CREDIT CARD DEBT AND IDENTIFY THE BEST SOLUTION FOR YOUR NEEDS. Speak with a certified credit counselor at no charge to analyze your debt and budget. They will review your options to see what solutions may work best for you. Your credit counselor may be able to lower high interest rates or even eliminate them while consolidating your credit card debts into one easy payment through a debt management program. Get Out of Debt Faster As a result of those lower interest rates – more of your monthly pay- ments go toward your debt instead of adding more interest – which means you can get out of debt faster. Every financial situation is differ- ent, but most people see their total monthly debt payments reduced by up to 30 to 50 percent as they get out of debt faster. The program is usually completed in around 40-60 payments, so you can be debt-free in just a few years instead of taking decades to eliminate everything you owe. It’s the fastest and easiest way to get professional financial advice without adding more debt to do so. Build a Positive Credit History Additionally, consolidating debt- through a certified credit counsel- ing service may help save your credit score from additional damage. You stop future penalties and prevent fur- ther damage from missed payments and overdrawn credit lines. Even bet- ter, as you work your way through the program, you’re able to build a posi- tive credit history while reducing your overall debt level. As a result, some people see their credit score even in- crease over the course of their time with a credit counseling service. FREEDOM FROM DEBT IS POSSIBLE! Don’t spend anoth- er sleepless night worrying about your debt problems, or another day stressed about your bills instead of fo- cused on your family and life. Call Consolidated Credit now at 1-888-651-9697 to speak with a certified credit counselor today. (Fees may apply for voluntary participation in debt management - all counseling services are free.)