In the typical scenario, enrollment in the program
will reduce the consumer's overall monthly debt service 10% to
30% and reduce the average interest rate significantly. In addition,
once enrolled, correspondence from creditors regarding past due
accounts are directed to the agency. In other words, in addition
to the above benefits, the program puts an end to upsetting collection
calls and, financially speaking, offers the consumer a new lease
on life.
In summary, if you have been considering debt
consolidation or are currently experiencing financial hardship,
it is important that you weigh all of your options. We hope that
this information has provided you a great deal of insight in this
regard. If you are unsure which path to take, we invite you to
sign up by filling your personal information so one of our counselors
can contact you at your earliest convenience.
There is no cost
to apply and in most cases, you will know within hours if you
qualify. Depending on the state you live in and the personal information
filled out through the application, BCR will
direct your contact information with one of our affiliated and
independent credit counseling agencies.
Link
to the Fair Debt Collection Practices Act
