Q1. Why should I use DEBT FREE EXCHANGE instead just picking a debt consolidation company myself
A. Debt consolidation companies build special relationships with individual credit companies and depending on your financial situation one debt consolidation company may be able to decrease you debt substantially lower than others. Debt Free Exchange will weed through this process finding you a reputable debt consolidation company that will offer you the best results.
Q2. How long will it take me to complete the program and be debt free?
A. You will determine the length of your debt reduction program. It all depends on what monthly payment amount will be comfortable for you and how soon you want to get out of debt.
Q3. Does Debt Free Exchange keep my financial information private and confidential?
A. Debt Free Exchange does have to disclose your information to the debt consolidation companies they are considering for your situation to determine which company can help you the most. However we do not disclose any of your information to the public and the debt consolidation companies that do review your information are bound to keep your information private.
Q4. Why do creditors agree to reduce my debt?
A. Your creditors are willing to work with debt consolidation companies because of the large amount of debt in our society. They would prefer to receive some of their monies back instead of none when individuals go bankrupt. And obviously it is better to pay off your bills and regain your credit than to go bankrupt and have to start all over.
Q5. Do I have to pay anything for this service?
A. No! Absolutely not we are in the business of getting you out of debt not putting you in further. This program is absolutely free to individuals that qualify.
