http://www.consolidate-credit-card-debt.net/debt/debt-loans/bad-debt-loans/ Bad debt loans will help stop the damage of high interest rates. Eliminate your debt with the assistance of our credit counseling professionals. en-us Sat, 26 Jul 2008 15:00:00 EDT Sat, 26 Jul 2008 15:00:00 EDT Weblog Editor 2.0 With bad debt loans, you can cut your interest in half! It's true. If you have been struggling with bad debt, loans issued by our experienced credit counseling group provide the chance to become debt free in just three years. Trying to pay off debt on your own could be a losing battle. With the average credit card APR (annual percentage rate) at 18.3, you'll have a tough time making headway. Custom loans from Consolidate Credit Card Debt give you the opportunity to make a serious dent in those balances. We've included some sample figures below to help illustrate how rewarding loans from our service can be. Read on to see if you could be the next to benefit from one of our bad debt loans. Breaking down the effectiveness of bad debt loans If you are still skeptical about the usefulness of our loans, think about this scenario. Our bad debt loans allow consumers to consolidate all their balances into just one easy payment, and at interest rates 33-57 percent below what they are currently paying. Let's say you have $10,000 in overall debt. At 18.3 percent interest, you will end up owing an extra $1,830 after one year. That's a huge amount of money to lose to interest each year. Enough to keep your recovery efforts in check. That's the thing about interest - it compounds and continues to grow as long as you let it linger. Without a major breakthrough, you can wind up in limbo. Now let's say you combine your balances with our help and receive a bad debt loan with an interest rate of 6.0 percent. You would only watch your balance grow by $600. Because you will have this added flexibility, you can pay off more of your debts with each payment. Not only that, but as part of the process by which we set up debt loans for consumers, we negotiate with the creditors they owe money to. We leverage our experience to help your cause! A lot of times, we can have your late fees and finance charges eliminated right off the bat. This could all mean the opportunity to save thousands a year - the true second chance at wise financial management that you've waited for! Apply today to begin! Sat, 26 Jul 2008 15:00:00 EDT