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Testimonials

My accounts are current, but my hours at work were recently cut. I was barely able to make the minimum payments before. Now it will be impossible. I was glad I was able to speak with My Decreasemypayments Counselor, and create a plan that will pay off my debt in a reasonable amount of time, instead of paying payments for 20 years.

Decreasemypayments saved us without a doubt! We Just finished the program and are much better off than where we started a few years ago! I would work with Decreasemypayments anytime! Thanks for saving us and allowing us to breathe again.

Leon (DCP's Adviser) did a great job explaining everything to me. He was very pleasant and professional.

Eliminating Your Debt Is Easier Than Ever Before!

Get in contact with truster debt specialist who facilitate your long-term financial health by presenting the wide range of debt-relief options available to you. These include student loan consolidation, debt consolidation, debt settlement and tax debt relief.

Debt Settlement & Consolidation

Consolidating your federal student loans will give you one new loan with one payment, and into a repayment plan you can afford. Consolidating also puts you into the forgiveness programs and makes you eligible for Public Service Loan Forgiveness.

Student Loan Consolidation

Reduce monthly payments and extend lending time by consolidate your student loan. Student loan Consolidation is available to help students reduce unmanageable education debts by combining all their outstanding loan into a single loan

The Debt Settlement Negotiation Process

The first step is to decide whether to hire a debt settlement company or lawyer to negotiate a settlement. You can always negotiate the settlement yourself. The goal is to reduce significantly the amount you pay. Experience helps, but so does having enough money to make a lumpsum offer. Start saving immediately.

Next, meet with the lender and negotiate for a settlement. If your balance is overdue for more than six months, it likely has been turned over to a collection agency.

It can take years to save enough money to make an initial offer. You normally end monthly payments to your representative to build an account. In the meantime, interest fees on your debt grow and your balance grows with it.

It’s time to make an offer. Be patient. Creditors have no obligation to accept debt settlement offers. This could take months, maybe years. If a creditor accepts, get it in writing. Ask the creditor to send a notice to the major credit bureaus that the debt has been settled.

Keep track of the money you saved. Debt settlement companies can charge 15% of the owed balance or 25% of the money you saved. Lawyers can charge hourly rates or standard fees. You may also owe taxes to the IRS on the amount forgiven.

Tips And More To Keep You In The Know About Your Money

Understanding personal finance and debt isn’t easy, but these tools can help you navigate complicated terminology and understand your credit score, among other helpful tips.

See how good your credit score is

Select your 3-digit score to learn how lenders see your score range and what you can do to improve it.

Review common financial terms

Having a comprehensive glossary of terms will help you understand more about financial processes.

Get a crash course on how to get out of debt

Read how tracking your spending, paying down credit cards, and consolidating your loans can reduce your debt balances.

Unlock Financial Freedom with Our Free Debt Relief Assessment

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