Pay off high interest debt


Posted March 12, 2014 by RescueCapital

You may get lucky one month and get a bonus or someone who owes you money finally gives you some of it so you put it down and see it drop a little bit. Yet, you do the math and realize it could take you 10 years to pay it off at this rate. 
 
Getting caught in the never ending cycle of trying to pay off high interest debt can be frustrating. It could be credit cards or store credit. It could be a car payment with a high interest rate. Whatever it may be, you may have limited or fixed income and can never seem to dig yourself out of the hole. You have monthly bills that you have to pay every month just to get by. Sometimes you can only afford to make the minimum payment on that credit card with the high interest rate. It seems that no matter what you do, you can never bring that balance down. You may get lucky one month and get a bonus or someone who owes you money finally gives you some of it so you put it down and see it drop a little bit. Yet, you do the math and realize it could take you 10 years to pay it off at this rate.

So, what is there to do ? You could take a risk and pay one of those debt settlement companies to negotiate on your behalf to pay some of it off, only to find out if you do that your credit will take a big hit. You could borrow more money from somewhere else and pay it off but that just creates a new debt obligation to some other company. You don't really solve any problems there. So what real options are out there ?

If you have a structured settlement annuity, there is a very real option. At Rescue Capital, we talk to people all the time that are in the same situation you see yourself right now. We look at the future payments you have coming and we create some options for you. We look at how much money you really need to just pay them all off and start fresh. Many times it means just selling some of your payments. We make sure its in your best interest and then we walk you through the process, step by step. When it is all settled, you get a lump sum payment sent straight to you and let you you start fresh, debt free. Give us a call and we can take a look at your situation 1-866-688-3532. If you don't have the time to talk now, just fill out a free quote request online right here and we will get back with you when you have more time .
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Issued By Rescue Capital
Country United States
Categories Business
Last Updated March 12, 2014