Debt Settlement Details
American Best Finance Option Takes Over Your Debt Settlement!
Debt Settlement is a process of negotiating with your creditors to restructure your current balance by coming to terms on a reduced balance. Those terms are determine by your current financial situation. A payment plan will be put in place based on your financial budget. To determine what your new reduced payback amount and timeframe will be. Typically your debt is reduced by an average of 50% ( ex. $10,000.00 will be negotiated down to $5,000.00) and it’s paid off within 12 to 48 months. Giving you the ability to stay within your monthly budget and finally seeing light at the end of the tunnel.
Get Debt-relief Forever
We are here to effectively settle your debt and bring out a way for you to financially stay strong. We understand it is always hard to manage multiple debts, and sometimes you are out of options. This is why we have come forward with our debt settlement strategies that will help you settle your debt with minimal effect on your credit score. With an agreement between you and the lender, a debt management company will help you pay a large, lump sum amount against the existing balance for the forgiveness of the remaining debt.
Other than Debt Settlement we also provide a plethora of other services which are Financial Coaching , Credit Counseling , and Debt Consolidation .