Do you know the program of Solve your Debt ? Maybe you think debts are like a huge hurricane that has arrived and you don’t know how to control it. Fortunately there are solutions that help us to have a better management of our financial life and allow us to find peace in the storm.
In the Resolve Your Debt program we help you to foster the culture of savings so that, with your own money, you can settle your debts through the management we do with your creditors. All this is achieved through a monthly savings that you make, since with that money your debt settlements will be made.
Saving is the key to success
It is worth mentioning that saving is the basis for the success of the program . Imagine that you want to learn another language, so you go to a course, but you stop going to classes and do the homework that the teacher gives you. When it is time for the final exam, you will be left with a “What!” Face because perseverance and discipline are important to reach your goal as well as all the goals we set in our personal and professional life.
Something very similar happens with the program of Solve your Debt, the main tool we have to be able to make your settlements is saving, so this is the key to success. With the accumulated money we can, as soon as you have the amount and the discount, free yourself from that debt once and for all.
What are the consequences of falling behind with my savings in the Resolve Your Debt program?
First of all we must clarify that there is no punishment for delaying you, but the lack of savings can affect the development of your program . At the beginning we made a projection in which we located the months and the moments in which we can settle the debts with the amount that you accumulate. However, if we do not have those resources, we will not have what to negotiate with and, consequently, the plan will be extended.
In addition, because you continue to appear as an active user in the Resolve Your Debt program, we will continue to work and negotiate with your creditors. Therefore, we will continue making the payment corresponding to our fees, which will affect the amount that you have accumulated up to that moment.
What happens if I stop paying many months?
Depending on the amount you have in your account, when you fail to meet your monthly savings, you will eventually be automatically discharged from the Debt Solve program. This happens because we no longer have an amount to offer to your creditor to settle and there is no way to continue negotiating for your discounts.
What are my options if I had a complicated month?
We all have months like this, sometimes it is the family member who got sick and we decided to support or the house pipe was damaged, in short, things that happen that are out of our hands and in Resolve we understand it perfectly. What you should do immediately is to contact us so we can see options that fit your needs.
Tips to never fall behind in your program
- Have a budget. The budget is the main food for healthy finances. Here you will find how to make one.
- Contemplate the saving of your Debt program among your fixed expenses.
- Pay on time and form to prevent the month is fulfilled and a settlement is lost for not having the amount in your account with which it can be settled.
- Try to reduce your variable expenses that you do not need, this will not only help you with the Resolve Your Debt program, you will also develop that habit and your financial life in general will be more orderly.
As you may have noticed, maintaining good financial habits implies commitment and perseverance. That is why the Resolve Your Debt program not only helps you to settle your credit debts , it also allows you to get used to saving a part of your salary and gradually getting a greater amount to achieve other financial goals.