Debt Consolidation Facts

Get the facts about debt consolidation ASAP here. We'll explain how debt consolidation works and how it can help you.

The Debt Consolidation ASAP Process

Most Debt Consolidation ASAP partners follow the same process to get you out of debt quickly and effectively. Here are the steps they will take:

1. Rates are pre-negotiated with creditors. Even before you sign up for Debt Consolidation ASAP, your consolidation service will negotiate reduced interest rates. These rates are available exclusively for debt consolidation customers and are not available to the general public.
2. Reduced interest rates are applied to your accounts. When you become a customer, your debt consolidation ASAP service will apply their reduced interest rates to your accounts. They will consult their rate sheet to determine the rates they have negotiated for your particular creditors.
3. Your new monthly payment is calculated. Your new monthly payment will be calculated based on the new, lower interest rates that were applied to your account.
4. You make one payment each month to your debt consolidation ASAP service. After your debts are consolidated, you will make one payment each month to your consolidation service. This way, you only have one creditor to worry about and one bill to pay.

Benefits of Debt Consolidation ASAP

Debt Consolidation ASAP can help you in many ways. The primary benefits are listed below:

• Ease your monthly payment burden by up to hundreds of dollars
• Lower your interest rates so more money goes toward your principal
• Improve your debt-to-income and debt-to-capacity ratios
• Get out of debt faster
• Pay one creditor each month instead of dozens
• Let your consolidation service deal with your creditors so you don't have to
• Consolidation can help ensure your bills are always paid on time
• Free up cash to invest, save, or pay off other debts

If you have any questions, please visit our FAQ page.