How much could debt relief save you?
Get your free Debt Relief
Savings Estimate today.
See if you qualify to...
Lower Your Monthly Payments
Pay off Credit Card Debts Faster
Reduce Your Interest Rates
Settle Your Credit Cards for less
Also see...
Your Total Estimated Savings
Your Estimated Monthly Savings
How quickly you can resolve debt has served thousands of people in debt
BBB Accredited
Powered by Envoy
California's Trusted Name In Debt Relief
Free estimate by phone 1-866-584-0769
People with multiple credit card debts may be surprised to see how much money they can save with a monthly debt relief program.
McAfee SECURE sites help keep you safe from identity theft, credit card fraud, spyware, spam, viruses and online scams
Privacy Verified
Security Seal
Need Affordable Credit Card Payments?
See how much lower your monthly credit card payment can be. It's fast and easy to see if you qualify...
  • $40,000 debt relief savings estimate 2 minutes ago in Snellville, GA
  • $30,000 debt relief savings estimate 25 minutes ago in Brooklyn, NY
  • $30,000 debt relief savings estimate 25 minutes ago in Stockton, CA
  • $37,500 debt relief savings estimate 26 minutes ago in Zebulon, NC
  • $85,000 debt relief savings estimate 28 minutes ago in Epsom, NH
BBB Accredited
Powered by Envoy

Debt Management

Many residents of Tennessee, like many Americans across the country, are struggling to pay off and manage their credit card debts. If you are also overwhelmed with skyrocketing credit card debts, as well as unsecured debts (like medical bills, gas bills, or department store charges), you might be interested in finding out how debt management, or debt consolidation through credit counseling, can help. In addition, there are other debt relief options that can help you resolve your debts, including debt settlement and bankruptcy.

Debt management or debt consolidation typically provides consumers with multiple debts with a single, easier-to-manage payment plan to a credit counseling agency. The goal of debt management is, with a more structured and more affordable repayment plan, you can ideally reduce your debts sooner than if you only continued to make the minimum payments at higher interest rates.

In contrast, debt settlement is increasingly becoming a viable debt relief option for many consumers, typically those with high balances on their cards. It provides relief by allowing consumers to settle, or negotiate, with creditors for a substantially reduced amount of their original debts. These days, many consumers have made debt consolidation and debt settlement popular alternatives to bankruptcy, which is also a form of debt relief, but one that has a more damaging and longer lasting consequence on personal credit.

With a free debt relief analysis and savings estimate, you can find out how debt relief can help take the pressure off your debt crisis and get you on a path to becoming debt-free. Answer a few, simple questions now to begin.

What to Expect with Debt Management

Debt consolidation through credit counseling, or a debt management plan (DMP), is a proven and legal way for many consumers to get relief from credit card debts and other types of unsecured debts - such as medical bills, department store charges, or utilities. An overview of how it works:

Facilitated by credit counselors, debt management generally begins with a review of your financial situation - taking into account your income, outstanding financial obligations, and other assets. Once credit counselors have a clear picture of your finances, they will typically develop a strategy to help you pay off your debts sooner than if you only continued to make the minimum payments at higher interest rates.

With a strategy in mind, they will generally submit proposals to credit card companies, on your behalf, requesting lower interest rates, and a waiver of late fees and other penalties. Creditors that accept the proposals are added to the debt management plan. Credit counseling agencies, in turn, will distribute those funds to creditors that are in the plan.

How Does Settlement Provide Relief?

For many consumers who are struggling with high balances on multiple credit cards, debt settlement is becoming a popular debt relief option. By settling debts, you can save a substantial amount of money and allow yourself to potentially settle credit cards in as little as 12 to 36 months.

When you enter a debt settlement program, the goal is to negotiate, or "settle," with creditors for significantly less than what's owed. However, like other debt relief options, debt settlement has potential risks:

With debt settlement, your credit score will typically decline because the process involves "falling behind" with your payments in order to save up funds, over an extended period of time, that you can use to make a settlement offer (or a lump-sum amount). As you fall behind in making your payments, you will likely see your credit score go down, particularly if you had good or excellent credit prior to starting the debt settlement process. In addition, many consumers entering a debt settlement program can face legal action from creditors for, essentially, defaulting on the terms of their credit card agreements.

But in spite of the risks, debt settlement has become a popular relief alternative for consumers who want to avoid bankruptcy, which has a more damaging and longer lasting impact on one's credit.

Get Help from the State

If you are struggling financially, there are many state-sponsored services or programs that are designed for low-income residents and families. The state of Tennessee has programs for its residents who require job training assistance or in getting access to health care services and other basic necessities like food, child care, and other benefits. In addition, the state's Housing and Development Agency has programs designed to help residents with their housing and mortgage concerns, including avoiding foreclosure.

Your Savings with Debt Management

For many budget-conscious consumers, debt management or consolidation, if followed faithfully, can offer a more accelerated and more predictable way to pay off credit card and unsecured debts. In addition, it can allow many consumers to save money, reduce interest rates, and have late fees or penalties waived. With debt consolidation, the amount of money that you can save every month generally depends on several factors: the total amount of your debts, the current interest rates, and any late fees or penalties.

The bottom line is, if you need relief from credit card and unsecured debts, there is help available. Take the first step, explore your options, and determine which program can help you manage or reduce debts, and give you back your financial freedom. Answer a few, simple questions now to get your free debt relief analysis and savings estimate. It only takes minutes to complete the form.

Saving thousands of dollars feels really good!
Know your debt relief options.
People helping people get the debt relief they need.

Creditors calling?

When you're falling behind with credit card debts and creditors are calling – it feels great to know that there's a debt program to lower your payments and get you out of debt much faster than you ever imagined.
Who we're helping right now...
$30,000 debt relief savings estimate
– West Henrietta, NY

Unexpected bills

Credit card debts and unexpected medical bills can put you in a real bind. Fortunately, debt relief plans can reduce interest rates, lower monthly payments, and help you get out of debt faster.
Who we're helping right now...
$30,000 debt relief savings estimate
– West Henrietta, NY

A brighter future

When you work hard to provide a bright future for your children, you don't want high interest credit card debts to get in the way. You need a proven path to become debt free as quickly as possible.
Who we're helping right now...
$10,000 debt relief savings estimate
– Pardeeville, WI

Debts piling up

When you own your own business, it's easy for credit card debts to become a problem – bills piling up, creditors calling, and you need a way out. The good news is, debt relief can help you save money each month and take control of credit card debts.
Who we're helping right now...
$90,000 debt relief savings estimate
– Seattle, WA

Supporting a family

Credit card debts can add up quickly, especially when families run into unexpected expenses like medical bills, or loss of a job. The good news is there are credit card debt hardship programs that can help you.
Who we're helping right now...

Financial hardships

When you go through tough times and credit card debt start closing in on you – it feels good to know there are debt hardship assistance programs to help you get back on track.
Who we're helping right now...
$20,000 debt relief savings estimate
– Spartanburg, SC

Retire debt free

When you're planning for retirement, paying monthly credit card minimums will get in the way of your dreams. The good news is, credit card companies may be willing to reduce your interest rates, waive late fees or even settle debts for much less than you owe.
Who we're helping right now...