Debt Consolidation Information

At DebtMania™, we like to provide you with the plain facts about debt consolidation so that you can make an informed decision.  Here are the requirements and your commitment:

Requirements:

     1. You must be able to afford the debt consolidation monthly payment.

     2. Your goal is to get out of debt by reducing your interest rates and closing your accounts.

     3. You currently can only afford to make minimum or close to the minimum monthly credit card payments.

     4. You are not going to purchase a major asset during the first year of your debt consolidation program.

Your commitment:

     1. You are willing to see your credit affected during the first few months of the program until all proposals are accepted and your accounts are re-aged.

     2. You accept the fact that your credit card accounts will be closed or frozen and that you can only keep one account out for emergencies.

     3. You agree not skip payments because doing so can result in being unable to participate in debt consolidation for one year or more according to creditor policies.

     4. You accept the fact that you will not be able to obtain additional credit throughout your participation in the debt consolidation program.  However, after one year, you may be able to purchase a home.Click Here to Get Started!