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Why Choose Debt Settlement?

Why Choose Debt Settlement?

You are shoulder deep in debt, overwhelmed, and can’t pay off creditors. Now what? Doing nothing will only exacerbate the problem. There truly is no better time than the present to  get out of a bad situation. Fortunately you have options. Let’s explore them: Bankruptcy, Debt Consolidation, and Debt Settlement.


A sure way to get your debt forgiven is bankruptcy. However, this comes with a cost; attorney fees, and a steep penalty. A filed bankruptcy (chapter 7 or 13) results in a public record. The derogatory mark on your credit report remains for seven years after your debt was discharged (date your filed bankruptcy was approved). This public record is viewable by anyone looking to get a picture of your credit history. Including employers (both current employers and potential employers). This demonstrates a lack of financial stability and a poor regard towards your financial agreements. Bankruptcy is a major deterrent to lenders. 

Debt Consolidation

Debt Consolidation is a way to pay back all of your debt with a single monthly payment. If you are not in a hurry to have improved credit this may be a suitable option for you. Consolidation loans can appeal to those wanting to relieve the stress of juggling many creditor payments. However, you pay a premium to “stress relieving companies” in the form of interest. Debt consolidation companies often charge much higher interest rates than the previous rates your creditors charged.

Debt Settlement

The solution with the most savings and fastest turnaround is Debt Settlement. PCS puts careful consideration into any client seeking to enter into a debt settlement program. Therefore, our advisors will only enroll you in a debt settlement program if it is the best option for you. A typical client saves 40% of their balance owed often times more. Unlike Bankruptcy debt settlement does not result in a public record. Our clients are in and out of the program without notice to any employers, nosey neighbors, or in-laws.     

Once clients complete their debt settlement program we recommend they consider a credit restoration program. Credit Restoration is a great way to jump start your credit health. Your credit didn’t get bad over night, and it will not improve overnight. However, you will be able to work your way up to your credit score goals in a matter of months with discipline and a commitment. PCS Debt Relief is happy to guide your way to a fresh start and a path of financial security. To get advice and determine your best option call, PCS Debt Relief, our advisors can help. Call us today at 636-209-4481

Disclaimer: The information contained in this document is general in nature and provided as reference material only. This information is not specific legal advice about the application of the law to a particular fact scenario, nor does it replace (or purport to replace) any requirement to obtain specific legal advice. If you require specific legal advice about your own, your consumers’ or your organization’s position in relation to anything covered in this document, that advice should always be obtained from a qualified legal practitioner.
PCS Debt Relief
October 20th, 2017|

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At PCS, our programs are tailored to the client’s specific financial needs. What sets us apart from our competitors is that clients see relief, before any payment is received. Our NO UP-FRONT FEE policy ensures our client’s a 100% satisfaction guarantee. We also do not charge any monthly fees or any cancellation fees. We want the client to feel comfortable during the whole process that’s why we allow them to be part of it every step of the way.

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