Ask The Get Out of Debt Experts Debt Settlement

I Can’t Get Any Information About Consult America. – Alfred

Written by Steve Rhode

“Dear Steve,

Currently have $35000 in credit card debt. Unable to get a loan because debt ratio. Consult America has offered a credit card rate reduction program which will reduce my monthly payment from ~$900 per month to $670/month for a period of 36 months. They say my total debt wiil be reduced by $10,900.

Does this seem ok? Haven’t been able to get any concrete informatiormation on this company.


debt narrow

Dear Alfred,

Let’s put this into context.

When a debt settlement company says they will lower your payment that is an arbitrary figure. It does not lean your creditors have a greed to it.

If you’d like me to review the Consult America agreement for you, you can upload it to me here.

Before we even begin to assume that a debt settlement strategy is right for you I’d suggest you first read How to Get Out of Debt. The Honest and Unvarnished Truth, How Do I Get Out of Debt Quickly? Change Your Mindset, and The Truth About The Success Rates, Failure Rates and Completion Rates of Credit Counseling, Debt Settlement, and Bankruptcy. They will give you a great overview of what we need to deal with to get you moving in the right direction.

Then use the free How to Get Out of Debt Calculator to review your options.

Once you’ve identified a company you want to work with, then follow my step-by-step guide on what you should look for and expect from a good debt relief company.

Please post your responses and follow-up messages to me on this in the comments section below.


You are not alone. I'm here to help. There is no need to suffer in silence. We can get through this. Tomorrow can be better than today. Don't give up.

READ  Is Consult America Legit?

About the author

Steve Rhode

Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.

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