New York Debt Relief

Every person has some form of debt they have to deal with throughout their adult life. From credit card bills to personal loans, these can all stack up, and if not careful, they can lead to serious consequences that may affect one’s financial benefits in the future. If you are having problems juggling your debt and want to deal with them as efficiently as possible, Optimal Debt Solutions’s New York debt relief service is here!

Optimal Debt Solutions makes it easy for anyone to understand their debts and develop the best debt relief strategy for their situation. Each case is carefully assessed by our team of debt specialists, and once all the information is received, they will negotiate the ideal debt relief program that both the creditor and the client can agree on. We will use our extensive resources and experience to help you get a lowered debt and cheer you on as you keep up with your debt relief plan.

Our service can also help you focus on your payments because we can speak to your creditors and let them know you are on a debt relief program to pay off your debts. We also have a very affordable service fee, which is already computed in your monthly payments. Optimal Debt Solutions is ready to take on the challenge and help you achieve freedom from spiraling debt!

Call Optimal Debt Solutions at (646) 798-8257 for your Free Consultation with a New York Debt Relief expert!

Dramatically Reduce Your Debt

Debts can definitely cause a lot of stress for anyone, but you shouldn’t let them control your life. When you are facing debt, it is best to find the best ways to resolve these debts with a debt expert who can provide their expertise in the subject.

Optimal Debt Solutions is highly regarded by many clients for our capability in finding the best debt relief solutions for their debt situation and lessening their financial burdens. We serve hundreds of clients each month, and they can attest to our capacity to get high debt reductions for their debts and develop a debt relief plan that they can follow easily.

If we are unable to provide a huge debt reduction for a case, we can still guarantee that clients will acquire significant savings that they can use to revive their credit scores in the future. We are very transparent with our service and fees because we don’t want you to worry even further and derail you from your goal of achieving debt-free living.

Debt Settlement Vs. Debt Consolidation

When it comes to debt relief options, two are the most used: debt consolidation and debt settlement. Both debt relief programs have their own benefits and disadvantages, which can be affected by your financial situation and overall debt. It is always recommended that you speak to a reliable New York debt relief expert before you apply one of these options to your debt management plan.

Debt consolidation entails opening a new loan that will cover your overall debt to pay off your existing creditors. Since you have paid your existing creditors in full, you only have to deal with one monthly payment to satisfy your new loan. Some loan agencies offer debt consolidation loans with great interest rates and flexible payment options to make it easier for you to pay it regularly.

However, it can be difficult to find creditors who will give you that ideal interest rate that will reduce your monthly payments for this new debt. You will also need to be consistent with your payments because you are still paying off a loan.

Debt settlement, meanwhile, gives you the opportunity to negotiate for a reduced debt with your creditors. You have to prove to them that you are in a financial crisis and you cannot pay your debt in full, but you are willing to pay it off in a lesser amount in the form of a lump sum or installment payments. However, if you do get a debt settlement, your credit score will be affected for a certain amount of time which can be problematic if you need to apply for new credit.

In order to make sure that you pick the right debt relief option for your situation, speak to one of our New York debt specialists for a thorough assessment and expert recommendation. We can also look at other debt relief options which may work best for your situation compared to the two most popular options.

Effective Debt Relief Negotiation

Whether this is your first time experiencing difficulties with your debt or you are in a very precarious situation, Optimal Debt Solutions can assess the situation and act immediately to find the best and most effective solution to resolve your debt. We won’t just use one method to try dealing with your debt because every person has different circumstances that led them into this state with their debts. When clients reach out to us, we will tailor our service to match your debt relief program with your financial situation.

Our New York debt relief service is very straightforward and easy to understand. We will start the process with a free evaluation, which will indicate your current debt situation, financial assets, and potential income sources. Once we have the information in our hands, we will formulate a debt relief plan that we will present to your creditors and negotiate for its approval.

When you reach out to us at Optimal Debt Solutions, you know you are with a great team. We have a great working relationship with creditors across New York and those from other states. Thanks to our experience and working relationships with these creditors, you have a better chance in securing a huge debt reduction and a payment agreement that you and your creditors can agree on.

While you are sorting out your payments, we will take the time to teach you financial management skills that will allow you to stay on time with your payments and reduce the chances of experiencing the same debt situation in the future.