Consumer Debt
SAVE MONEY!
You can save money by participating in a debt relief program, as it can help you reduce the total amount you owe and make your monthly payments more manageable.
SAVE TIME!
Using a debt relief program can save you time by streamlining the debt settlement process and handling negotiations with creditors on your behalf, allowing you to focus on life.
LOWER DEBT!
Engaging in a debt relief program can lead to lowering your overall debt burden by negotiating with creditors for reduced balances, helping you achieve financial freedom.
Company introduction
One Simple Program To Fit Your Debt Needs!
Assuming command of your financial situation doesn't have to translate into challenging and uncertain times for you and your family. Our qualified experts in debt management are here to lead you through a tailored five-step strategy.
Our program does not require any initial payments, and it enables you to consolidate all your unsecured debts into a single, affordable monthly installment. Throughout the entire process, you can trust Nationwide Debt Resolve to take care of your debt needs. We don’t charge a single penny until we’ve reached a settlement with your lender.
Do I Qualify for Debt Relief?
- You must have at least $10,000 in unsecured debt.
- Credit Card Debt
- Personal Loan Debt
- Medical Bill Debt
- Private Student Loan Debt
GET YOUR FREE DEBT ASSESSMENT!
Get Started Today!
How It Works
Our Debt Negotiation Program
In this program, our team of skilled debt negotiators will fight on your behalf to settle your unsecured debt for just a fraction of what you currently owe.
Americans owe over $900 Billion in credit card debt. The average household has a total balance of $7,849 We at Nationwide Debt Resolve are here to help people find debt relief.
This is a FREE, no obligation consultation and it does not affect your credit score!
To help you get a better understanding of how debt negotiation works, we have broken it down into 5 simple steps. See below:
Enroll In The Program
Call or fill out a form to get a FREE financial analysis.
With your approval, a debt specialist will personally assess your financial situation and credit history to determine your eligibility for the Nationwide Debt Resolve program.
There are no up-front fees in our program.
Your success is our success. You will not pay us a penny unless we successfully lower your enrolled debt.
If you have been approved for the program and sign an electronic agreement, you will then move on to Step 2.
Make Monthly Payments
Your dedicated debt specialist will work with you one-on-one to design a monthly payment program designed to fit your budget and needs.
Your monthly payments will be deposited into a personal trust account with Global Client Solutions, an FDIC insured bank that acts as a “middle-man” between you, your creditors, and Nationwide Debt Resolve.
During the program, you maintain complete control of your account and its funds.
Inform your Creditors
Once your first monthly payment is processed and cleared, Nationwide Debt Resolve will immediately contact your creditors.
We do this for a few reasons...
• It shows your creditors that you are enrolled in our debt relief program and are taking steps to repay your debt.
• It should stop harassment calls from collectors.
We Lower Your Debt
Once you have saved enough funds in your trust account, our debt negotiators will contact your creditors on your behalf to reach a settlement.
Nationwide Debt Resolve has successfully settled thousands of accounts for our clients.
We have built strong relationships with all major creditors, allowing us to quickly settle your debt for just a fraction of what you currently owe.
You will be notified each time a settlement agreement is reached.
Our debt negotiators are typically able to settle accounts for 40-60% of their original balance, meaning that clients pay creditors .40 to .60 cents on the dollar owed, and realize average savings of approximately 20-40% after settlement fees.
Complete The Program
One by one, your accounts will be settled and your debt will be reduced.
Once all negotiations are completed and your creditors have agreed to settle on a lower debt repayment, Nationwide Debt Resolve will transfer the funds from your secure trust account to your creditors.
Once all of your accounts have been settled and paid for, you will graduate from the Nationwide Debt Resolve program knowing that you have successfully paid off all of your unsecured debt in significantly less time and for much less than what you originally owed.
• No Up-Front Fees
• Debt Specialist
See If You Qualify - No Fees - No Obligations - No Strings attached!
We Specialize In Consumer Debt Consolidation of the Following
We settle various types of consumer debts including:
Credit Card Debt
Credit card debt refers to the outstanding balance that accrues when individuals use their credit cards to make purchases or borrow money, typically subject to interest charges until paid off.
Personal Loan
Personal loan debt pertains to the money borrowed from a financial institution or lender, often used for various personal expenses, which must be repaid in installments with interest over a specified period.
Medical Bills
Medical bill debt is the financial obligation that arises when individuals are unable to cover the costs of their healthcare expenses, including doctor visits and treatments, often leading to financial strain.
Student Loans
Student loan debt refers to the money borrowed from private financial institutions or lenders to fund higher education expenses, typically with varying interest rates and terms, which must be repaid by the student.
Get Started Today!
Types of Online Loan Lenders
Championing your finances means knowing your options. With that in mind, read on to learn about some of the major categories of lenders offering online loans.
- Tribal Lenders: Some online loan platforms are owned by sovereign Native American tribes. First Debt America is not a tribal lender.
- Payday5 Loan Providers: Many payday loan providers have moved online. A payday loan is typically a two week loan, secured by the borrower’s paycheck. Payday loans carry an average interest rate of 400%. These high interest rates and short terms make for an inadvisable combination. First Debt America is not a payday loan provider. With First Debt America, borrowers will get a maximum APR less than half the average payday loan.
- Loan Matching Services: Some online loan platforms are loan matching services. This typically means a borrower can supply some of their financial information and view a list of potential matches to find an online loan provider. Some online loan matching services are reputable, but others are not. First Debt America is not a dedicated Loan Matching Service, but for customers who opt-into our Turn Up Program, we check the market for lower cost loans with approximately 15 near-prime lenders on their behalf, before presenting an offer through First Debt America’ platform.
- Offshore Loan Providers: An online loan provider based in another country, or offshore, are subject to the rules and regulations of the country in which they’re based. This can increase the risk to borrowers in the United States. First Debt America is not an offshore lender.
Three Types of Online Loans to Know About
As you’re looking to take out an online loan, you’ll want to make sure you know the ins and outs. Here’s a breakdown of three different types of online loans you may encounter.
Typical Installment Loans:
- An installment loan can be used to pay for a large expense like a car repair.
- Installment loan principals can range from small dollar amounts to thousands of dollars.
- APRs may depend on the borrower’s creditworthiness, this can range from single to triple digit interest rates.
- Installment loans are often repaid over months, not weeks.
- The majority of installment loans are unsecured (meaning the borrower does not have to offer a car or paycheck as collateral).
Typical Payday Loans:5
- Payday Loans are short-term, high-cost loans.5
- Payday Loan principals typically range from $100-1,000.
- Payday Loan APRs can be 400% with terms that are only two weeks.5
- Payday Loans are often secured by the borrower’s paycheck.5
Typical Debt Consolidation Loans:
- Debt Consolidation Loans are typically a larger loan secured at a lower interest rate than other debts carried by the borrower.
- Debt Consolidation Loans are often for higher amounts because they’re meant to consolidate many smaller debt amounts.
- The APRs of Debt Consolidation Loans are variable. However, debt consolidation loans are only advisable if you can secure a lower interest rate than the interest rate of your other debts.
- The terms of Debt Consolidation Loans are also variable, but it is often recommended to seek a debt consolidation loan with flexible terms.
- Debt Consolidation Loans are most typically unsecured.
