Types of Debt Relief

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There are many misconceptions about debt relief.

To start with, it is important to know the difference between debt consolidation loans and debt settlement. Debt consolidation is the process of combining all your unsecured bills and debt into one low monthly payment, with drastically reduced interest rates. Debt settlement is NOT a loan. At PBM we help clients reduce their overall interest rate, monthly bills, and pay-off time without taking on any more debt.

Debt Consolidation Loans

Debt Consolidation Loans often put people in more debt or unsecured debt, because most Debt Consolidation Loans are given in the form of home equity loans; which means, if you do not pay, you loose your home. Way too much stress as you can imagine.

Debt settlement

Debt settlement is the most cost-effective, easiest option to pay off your debts and relieve you of having to deal with creditors, collectors and attorneys. We understand the stress and struggle of living with an overwhelming amount of debt, and our goal is to reduce and settle your debt so that you can begin living the lifestyle you’ve been dreaming about…being debt free! Settle bills into one affordable monthly payment

Winning the lotto

Winning the lotto, hey it could happen! If it does not, don’t worry; there are many people just like you. At PBM we can help you get out of debt soon. Call us today at 1-800-573-1855 and receive free information on alternatives and begin to take control of your life.