Consolidate Credit Card Debt

When a financial dilemma becomes overwhelming, it’s very common to experience feelings of anxiety, frustration, fear and a sense of hopelessness. It feels like your debts are piling higher by the day. interest charges, late fees, default notices, phone calls from collectors—it seems like the burden is inescapable.

But it is possible to bring those feelings to an end by getting a handle on your financial situation. By taking a few simple steps you can begin to experience almost immediate relief from financial stress. As well as feeling more in control of your finances, you’ll feel more in control of your life.

When it comes to financial problems, there are no one-size-fits-all solutions. This is why MyBudget examines your entire situation and helps you to understand all of your options. We specialise in finding the right solution to get your finances back on track.

Step 1: MyBudget will help to assess if credit debt consolidation is the right option for you.

There are commonly two types of credit debt consolidation strategies: credit debt consolidation loans and formal debt agreements. At a free consultation, we will examine your situation in detail and advise if we think either of these options is right for you.

In around 97 percent of cases, we are able to help our clients avoid strategies such as bankruptcy, a formal debt agreement or a credit debt consolidation loan. We see these solutions as last resort options because they come with serious and far-reaching financial consequences.

Our aim is to always seek the best possible solution for you and your family. You can be confident that our recommended solutions are tailored to your needs and requirements and have your best interests at heart.

Step 2: MyBudget will examine the alternatives to credit debt consolidation.

Credit debt consolidation loans and formal debt agreements are only two debt reduction strategies. In many cases, we find that debt negotiation is more effective than credit debt consolidation. In fact, thousands of MyBudget clients have paid their way out of debt and back into good financial standing without pursuing credit debt consolidation.

Our vast experience in debt negotiation means that we know what sorts of terms are achievable. In many instances, we can negotiate for interest rate and repayment reductions or even arrange for payments to cease for a period of time while you get back on track.

With MyBudget’s money management assistance, a significant number of clients are able to actually increase their payments to creditors to pay off their debts more quickly without entering into credit debt consolidation. The best option for you will depend on your specific circumstances.

Step 3: MyBudget will help you create a sustainable, realistic budget.

At a free consultation we will assess your financial situation in detail. As well as analysing your income and expenses, we will closely examine your debt situation. We’ll explain all of the different options available to you and provide you with a clear debt reduction strategy that suits your lifestyle and your financial goals. Credit debt consolidation may or may not be the right option for you.

Even if you decide not to proceed with MyBudget, your customised budget plan and our recommendations are yours to keep for free.

The budgets we prepare are true financial plans. As well as taking your household and daily living expenses into account, your budget plan will detail your finances over a 12 month period. Working closely with you, we’ll be able to determine exactly how much income you have available to repay your debts and on what terms. The result will be a fully-customized, sustainable debt reduction plan.

Step 4: MyBudget will do the heavy lifting for you.

MyBudget clients experience incredible levels of success because we do the heavy lifting for them. We manage our clients’ money on their behalf by ensuring that their bills are paid on time, creditors are taken care of, savings are deposited and, most importantly, that there’s always enough money to meet living and lifestyle expenses. Think of MyBudget as your dedicated personal trainer. But instead of simply designing a program, we do the hard work for you.

We can also communicate with your creditors on your behalf, negotiate payment plans with them and act as an intermediary. This provides a sense of almost instant relief for our clients, especially those who have been harassed by creditors and collectors.

If you choose to pursue credit debt consolidation, MyBudget can administer a formal debt agreement for you or help to facilitate a credit debt consolidation loan.

MyBudget takes the stress away so that you can focus on living. Spend time with your family, enjoy a hobby again, relax and take pleasure in the knowledge that you’ve taken control of your finances.

Step 5: Make an informed decision.

After conducting a thorough analysis of your situation in a free consultation, one of MyBudget’s caring personal budgeting specialists will explain your financial reality in detail and provide you with an easy to understand explanation of all of your options. We always put your best interests first. Our unwavering commitment is that you fully understand and feel comfortable with the debt reduction solution you select.

Our help doesn’t stop there. After assisting you to make an informed decision about the best way out of debt, our support continues every step of the way. Remember, your budget and debt reduction plan is flexible. We can help you to adjust it at any time. No request for help or advice is too big or too small.

MyBudget helped Sean and Lynda get back on track without credit debt consolidation. We can help you, too.

Despite good incomes, Sean and Lynda’s debt was spiralling out of control. With MyBudget’s help, the couple avoided credit debt consolidation and turned their situation around through smarter money management.

Find out if credit debt consolidation is right for you. A free consultation will cost nothing but your time.

A free consultation with MyBudget is an opportunity to gain deep insights into your financial situation and all of your options. Even if you decide not to become a MyBudget client, the budget plan we prepare for you is yours to keep at no charge.

Change doesn’t have to be difficult. The first step is always the hardest, but in this case it’s as simple as making a phone call. Take the step today to get out of debt and start saving. It’ll be the best decision you’ve ever made.