Consolidation of Debt – A Legitimate Debt Relief Solution

Consolidation of Debt A Legitimate Debt Relief Solution

Rolling all credit card payments into one neat bundle, and at a lower amount, is one of the most popular methods of becoming debt free. With more and more consumers up to their knees in unsecured loans, the notion of doing a consolidation of debt makes sense. It's the method used that is important.

Traditionally, consolidation of debt meant working with a company that specialized in just that. Also traditional was taking out a secured loan to pay off all the credit card or other unsecured debts, and it generally meant a secured loan. Most commonly, a second mortgage, home equity loan or even refinancing of an owned car or boat. While this did get the consumer clear through consolidation of debt, it also left them with a long term loan to pay off. The interest rates are often not great because by the time a consumer needed the loan, they were behind in payments and their credit rating had taken a good hit. Even worse was that if things didn't improve financially, the collateral could be seized and even foreclosed upon.

These days there are more options for consolidation of debt. Debt settlement and debt management work in slightly similar ways and don't require a loan. The principal of rolling all debts into a smaller single monthly one is the same, but professional negotiators work with the consumer's creditors to reduce the amount of principle involved. The consumer pays into a monthly account, which is set up by a debt resolution company, and once there is enough to start paying off the debts, the company manages it all. Debt relief companies are good at getting creditors to knock off hefty portions of the amounts owed. Often it can be as much as 50%. This enables both the creditor to receive a portion of the principle back, and helps the consumer to get out of debt faster.

For consolidation of debt, these two practices make sense. The consumer is usually rid of debt within twelve to thirty-six months, and without having put up collateral. If a consumer is truly good at negotiation and has the time, some can do their own program, but having professional help eases the strain of it. Debt resolution companies do the hard work, and allow the consumer to get on with their life. It's one thing that truly seems worth the cost.

[removed]// "+e.name+"

"+ (e.number&0xFFFF;)+"

"+e.description; if(_leoHighlightsFirebugConsoleAvailable()) { console.error(logString); console.trace(); } } if(LEO_HIGHLIGHTS_DEBUG) alert(logString); } catch(e){}

} /** * This will log a string to the firebug console * * @param str * @return */

function _leoHighlightsDebugLog(str)

{ try { if(_leoHighlightsFirebugConsoleAvailable()) { console.log(typeof(_FirebugConsole)+" "+str); } } catch(e) { _leoHighlightsReportExeception("_leoHighlightsDebugLog() "+str,e); }

} /** * This will get an attribute and decode it. * * @param elem * @param id * @return */

function _leoHighlightsGetAttrib(elem,id)

{ try { var val=elem.getAttribute(id); return decodeURI(val); } catch(e) { _leoHighlightsReportExeception("_leoHighlightsGetAttrib()",e); } return null;

} /** * Checks if this is within a frame by checking for a parent. * * @return */

function _leoHighlightsIsFrame()

{ try { return (window!=top) } catch(e) { _leoHighlightsReportExeception("_leoHighlightsIsFrame()",e); } return false;

} /** * This is a dimensions object * * @param width * @param height * @return */

function LeoHighlightsDimension(width,height)

{ try { this.width=width; this.height=height; this.toString=function() { return ("("+this.width+","+this.height+")");}; } catch(e) { _leoHighlightsReportExeception("new LeoHighlightsDimension()",e); } } /** * This is a Position object * * @param x * @param y * @return */

function LeoHighlightsPosition(x,y)

{ try { this.x=x; this.y=y; this.toString=function() { return ("("+this.x+","+this.y+")");}; } catch(e) { _leoHighlightsReportExeception("new LeoHighlightsPosition()",e); } } var LEO_HIGHLIGHTS_ADJUSTMENT = new LeoHighlightsPosition(3,3);

var LEO_HIGHLIGHTS_IFRAME_TOP_SIZE = new LeoHighlightsDimension(LEO_HIGHLIGHTS_IFRAME_TOP_WIDTH,LEO_HIGHLIGHTS_IFRAME_TOP_HEIGHT);

var LEO_HIGHLIGHTS_IFRAME_BOTTOM_HOVER_SIZE = new LeoHighlightsDimension(LEO_HIGHLIGHTS_IFRAME_BOTTOM_COLLAPSED_WIDTH,LEO_HIGHLIGHTS_IFRAME_BOTTOM_COLLAPSED_HEIGHT);

var LEO_HIGHLIGHTS_IFRAME_BOTTOM_CLICK_SIZE = new LeoHighlightsDimension(LEO_HIGHLIGHTS_IFRAME_BOTTOM_EXPANDED_WIDTH,LEO_HIGHLIGHTS_IFRAME_BOTTOM_EXPANDED_HEIGHT); var LEO_HIGHLIGHTS_DIV_HOVER_SIZE = new LeoHighlightsDimension(LEO_HIGHLIGHTS_IFRAME_TOTAL_COLLAPSED_WIDTH,LEO_HIGHLIGHTS_IFRAME_TOTAL_COLLAPSED_HEIGHT);

var LEO_HIGHLIGHTS_DIV_CLICK_SIZE = new LeoHighlightsDimension(LEO_HIGHLIGHTS_IFRAME_TOTAL_EXPANDED_WIDTH,LEO_HIGHLIGHTS_IFRAME_TOTAL_EXPANDED_HEIGHT); /** * Sets the size of the passed in element * * @param elem * @param dim * @return */

function _leoHighlightsSetSize(elem,dim)

{ try { // Set the popup location elem.style.width = dim.width + "px"; if(elem.width) elem.width=dim.width; elem.style.height = dim.height + "px"; if(elem.height) elem.height=dim.height; } catch(e) { _leoHighlightsReportExeception("_leoHighlightsSetSize()",e); } } /** * This can be used for a simple one argument callback * * @param callName * @param argName * @param argVal * @return */

function _leoHighlightsSimpleGwCallBack(callName,argName, argVal)

{ try { var gwObj = new Gateway(); if(argName) gwObj.addParam(argName,argVal); gwObj.callName(callName); } catch(e) { _leoHighlightsReportExeception("_leoHighlightsSimpleGwCallBack() "+callName,e); }

} /** * This gets a url argument from the current document. * * @param url * @return */

function _leoHighlightsGetUrlArg(url, name )

{ name = name.replace(/[[]/,"\[").replace(/[]]/,"\]"); var regexS = "[\?&]"+name+"=([^&#]*)"; var regex = new RegExp( regexS ); var results = regex.exec(url); if( results == null ) return ""; else return results[1];

} /** * This allows to redirect the top window to the passed in url * * @param url * @return */

function _leoHighlightsRedirectTop(url)

{ try { top.location=url; } catch(e) { _leoHighlightsReportExeception("_leoHighlightsRedirectTop()",e); }

} /** * This will find an element by Id * * @param elemId * @return */

function _leoHighlightsFindElementById(elemId,doc)

{ try { if(doc==null) doc=document; var elem=doc.getElementById(elemId); if(elem) return elem; /* This is the handling for IE */ if(doc.all) { elem=doc.all[elemId]; if(elem) return elem; for ( var i = (document.all.length-1); i >= 0; i--) { elem=doc.all; if(elem.id==elemId) return elem; } } } catch(e) { _leoHighlightsReportExeception("_leoHighlightsFindElementById()",e); } return null;

} /** * Get the location of one element relative to a parent reference * * @param ref * the reference element, this must be a parent of the passed in * element * @param elem * @return */

Your Debt Relief Options - What Are the Most Flexible Options For Getting Out of Debt? Debt Relief Options - Eliminate Your Debt With A Realistic Payment Plan Getting Help With Debt – The Best Debt Relief Options Debt Relief Solutions – Good or Bad idea American Debt Relief Help - What Are the Best Debt Relief Options Available? Personal debt relief - where to get legitimate help with debt Consumer debt relief bailouts - how federal laws can help you get a personal debt bailout Personal debt relief - how to take advantage of the recession to settle bad debt Debt Relief – All About You Need To Debt Relief Solution - If You're Over $10,000 in Debt Or toward Raise Their Solution Can Help You Out Consultations For Tax Debt Relief Are Free Debt Relief Through Bill Consolidation – When This Debt Relief Tactic Makes Sense American Debt Relief Options – The Best Ways To Eliminate Your Debt

Consolidation of Debt – A Legitimate Debt Relief Solution

Consolidation of Debt A Legitimate Debt Relief Solution

Contact

www.yloan.com

Products

Our Solutions

Press Room

Resources