PERSONAL LOANS

Great way to pay off debt. With a personal loan your monthly payments maybe higher but the interest rate usually is lower.  Make sure to budget your finances.

 

Personal loans backfire on consumers who use the credit cards paid by that loan. It’s easy to double your debt if you are not careful.

Give us a call for a free consultation.

855.602.7373

DEBT VALIDATION

Debt validation programs dispute the validity of third-party debt collection accounts. Credit card debt is the most popular type of debt that can be included in the program, but second to credit card debt is private student loan debt.

An example of how a debt validation program works:

Here’s a good analogy:

Just like when you get a speeding ticket, there’s a process you can use to challenge the ticket and get it dismissed. That same theory is used in a debt validation program. Yes, you were speeding, but that ticket gets easily dismissed when properly challenged.

Examples of what a debt validation program requires your creditors to abide by:

Keep in mind, they must provide these items within 30-days of being requested. If they can’t supply any of the following requested items, the debt collection company cannot continue collecting on the debt. The information must also be 100% accurate in order for a debt to be validated. If one “T” isn’t crossed or an “i” not dotted, your debt can be invalidated.

    • the copy of the original contract is requested.
    • a statement showing how the interest was calculated and a breakdown of each statement illustrating what services were added is requested.
    • their debt collector license that is legally required to collect on debt in the state where you reside is requested.
    • a legally required 14-page debt collector disclosure statement is requested.

Now keep in mind, this is a micro-version of what is being requested on a debt validation program.

In the debt validation program that we recommend at LOANS 1234 there are actually over 30-pages of documents that are sent to your debt collectors on round one! They must go through each page, line by line, and send in everything being requested — and required by laws. The case managers and debt defense team continue challenging a debt, until the debt is “fully disputed”. Every legal debt relief angle is used to force your creditors to play by the rules.

This is a great option if you are struggling with your minimum payments or you have collection accounts. Your monthly payments will be significantly lower. And your credit score will recover very quickly.

Call for a free consultation.

855.602.7373

 

STUDENT LOAN VALIDATION

Student loan validation is similar to Credit card debt validation programs that dispute the validity of third-party debt collection accounts. Credit card debt is one of the most popular type of debt that can be included in the program. Second to credit card debt is private student loan debt. There are multiple ways that we can help you with your student loans.

 

In the debt validation program that we recommend at LOANS 1234 there are actually over 30-pages of documents that are sent to your debt collectors on round one! They must go through each page, line by line, and send in everything being requested — and required by laws. The case managers and debt defense team continue challenging a debt, until the debt is “fully disputed”. Every legal debt relief angle is used to force your creditors to play by the rules.

This is a great option if you are struggling with your minimum payments or you have collection accounts. Your monthly payments will be significantly lower. And your credit score will recover very quickly.

 

Call for a free consultation.

855.602.7373