Are you disciplined enough to take advantage of a debt consolidation program? This may sound like a ridiculous question, but it's not uncommon for people to consolidate multiple loans, lower their overall interest rates and payments, reduce their overall debt amount by 40-60%, and then go back out to rack up new debt. This defeats the entire purpose of Debt Group America's debt consolidation service.

With Debt Group America's debt consolidation service our consolidation plans very per client, our counselors are trained to to provide assistance depending on your needs. Our debt consolidation service offers clients the oppurtunity to eliminate debt within 1-3 years, that's a pretty attractive offer, considering it takes the average person 10 to 20 years to make credit balances disappear. However, participating in a consolidation program could temporarily affect your ability to get new credit or a loan because some creditors will put a red flag to lenders on your credit report.

Here's how the plan works:

1. After giving Debt Group America's debt counselor the account names, numbers and balances that you want to combine, we will help you work out a budget and determine how much you can afford to pay toward your debts.
2. A designated debt consolidation counselor will then contact your creditors and work out payment arrangements.
3. You make a monthly payment directly to Debt Group America, who will pay the creditors on your behalf.
4. The accounts placed in the program are frozen until they are paid in full. Before you look for a debt consolidation company, first determine what service you need. To learn more about the various debt consolidation services and programs click here.