Video on: What kinds of debts can you consolidate with OVLG?

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What is debt consolidation program all about?

Obviously, you won’t get into debt consolidation if it doesn’t help you save money. But how does it work? Does it really help you get your life back on track? If yes, then how? Let’s find out.

When debt consolidation is good for you

The best part of this debt relief option is that it allows you to get out of debt within your financial means. However, it would only be a good option for you when:

  • You’re disciplined enough to control your impulsive spending habits
  • You don’t want to run into more credit card debts
  • You’ve finally decided to lead a frugal life from now onwards
  • You won’t be borrowing money from banks or family members

The simple process of combining debts into a favorable and single monthly payment plan is called debt consolidation. This debt relief process can result in:

  • Lower interest rate
  • Lower monthly payment

How much can you save?
Monthly payment you can afford
$
.00

How can debt consolidation prevent wage garnishment?

Once you pay off your creditors the due debt amount either by taking out a personal loan, or by contacting us, the court will then issue a release judgement!

Then also if the collectors or creditors don’t stop garnishing your wages, then they are violating the law, and you can take legal action against them!

But there’s one thing that you got to be aware of! We at OVLG believe in total transparency. If you plan to use debt consolidation as a tool to stop wage garnishment, then please save a lump sum amount and then approach us. Else it becomes very difficult to negotiate with the creditors.

The creditors always want a good offer. So if you owe $10,000 in total, then we got to first offer them some amount to stop wage garnishment.

Say, for example, we call your creditor and propose them a decent pay off plan. Now to stop wage garnishment, we can offer them some $1K upfront for an immediate effect! That’s how it works to be precise.

How does it differ from debt settlement?

The difference lies in the mode of operation and their effect on credit score.

In debt consolidation, your payments are disbursed amongst creditors as soon as you start making payments. It will help to raise your credit score with time.

In debt settlement, your debts are negotiated as soon as you save around 50% of your outstanding balance in a dedicated account. Initially, it won’t help to increase your credit score.

Know more about settlement
Make sure your credit report is updated as "paid in full" after you consolidate debt.

Pros and cons of consolidating debts through companies

Pros of debt consolidation companies
  • Debt consolidation companies know your creditors much better than you
  • They know how to convince them for reducing interest rates
  • They can create a perfect payment plan for you
  • They would take care of creditors’ demands and complaints
  • They would disburse the right amount to right creditors at the right time
  • They’re an expert at eliminating late fees, penalties and fines
  • They would guide you whenever you’re distressed
  • They can help you consolidate debt with bad credit too
Cons of debt consolidation companies
  • They would charge a fee for the debt service
  • All consolidation companies are not equally good
  • You can get into bigger mess if you’re a part of fake debt consolidation programs
  • Fraudulent companies would charge a fee even before they have consolidated your credit cards

Types of debts OVLG consolidates

Credit card debts

You can bring down your interest rates and forget about multiple credit cards you have.

Just make a single and small monthly payment to us and we will take care of all your creditors’ demands and payment issues.

Credit card debt consolidation

Online pdls

We consolidate your high interest online pdls and help you pay what you can afford every month. You won’t have to pay additional interest rates.

This is also known as payday loan consolidation.

Pdl consolidation

Collection accounts

Yes, we can even help you consolidate valid collection accounts at super low interest rates.

We will reduce collection calls and waive off late fees and fines. We’ll give you a pocket-friendly payment plan too.

More on collection accounts

Unsecured debt

Have other types of unsecured debts? Don’t worry. We can help you deal with those types of debts too. Besides, you won’t have to endure harassing collection calls too.

This is also known as unsecured debt consolidation

More on unsecured debts

Medical bills

With OVLG debt consolidation program, you can keep your hefty medical bills under control.

Instead of making bulk payments to medical practitioners, send a small amount to us every month and sleep peacefully.

Medical bill consolidation

Storefront pdls

Need desperate help to get storefront pdls off your back? Don’t worry we are there for you.

We’ll help you consolidate these high-interest pdls to an amount which is affordable.

More on storefront pdls

Should you trust OVLG?

Here are the 12 trust-building factors you can find in OVLG.

  • 1 Consolidates debts quickly and charges budget-friendly fees
  • 2 Protects your privacy like its own
  • 3 Offers calculators to inform how much you can save
  • 4 Solves your every kind of debt consolidation needs
  • 5 Waits for your permission before consolidating debts
  • 6 Gives you a 100% refund in case of unsatisfactory results
  • 7 Helps you consolidate debt in 48 states
  • 8 Offers best advice on consolidation
  • 9 Is registered with the CalBar
  • 10 Has an excellent client satisfaction rate
  • 11 Has more than 350 live reviews
  • 12 Gives you a written agreement and follows FTC laws

Wed Jan, 2018 Review: DE saved $7888.2

Wed Jan, 2018 Review: DE saved $7888.2
Client satisfaction level:
      

okay, this is for Oakview law group. I had we had some financial difficulties and credit card debt and everything. My husband and I was really concerned and people were you know sending things in the mail and it was very annoying, very tough and so I started looking into through suggestions from friends and I started looking into these companies that help you pay off your debt and they don't they you pay less than what your debt is so but you worry when you hear things like this you think really is this true can this really happen. so I interviewed a few companies and I came up with Oakview Law Group and Thomas. And really I'm so happy. I can't tell you how happy I am. Everything they said they were going to do they did and then some and he took care of our bills. They were unbelievable. How much money we saved really and he called when I needed him to call me or vice-versa. It was just easy it was so easy. he made my life go from stress - stress free in this area and I'll never be able to thank him enough. Thomas, the reason I chose Thomas is I as I said I come on the phone I interviewed some other companies and he was from the mmm excuse - me from the get-go. He was kind understanding helpful he listened. I don't I there's not enough I can say about him and the company so if you're thinking of using a company or a person to help you, relax and have peace of mind and get back to a normal life. Thomas at Oak View Law Group, I couldn't be happier and Thank You Thomas for everything.


* Client names have been changed to protect privacy

How does are debt consolidation program work?

But before we dig deeper into how your debts can be consolidated, let us know about the basic program first.

Debt consolidation program: Here you consolidate credit cards, personal loans, payday loans, medical bills, unsecured lines of credit and collection accounts into an easy and affordable payment plan by enrolling into a program offered by debt consolidation companies.

How does it help you save money?

A debt consolidation program helps you save money by:

  • Lowering your interest rates
  • Lowering your monthly payments
  • Waiving off late fees
  • Waiving off penalties and extra charges
Still have doubts regarding how to get out of debt?
Call us at (800)-530-OVLG

Last Updated on: Thu, 12 Jul 2018

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