That depends on the best option for your situation. At Real PDL Help, we offer out clients a range of options. If you can afford to pay a lump sum immediately, we’ll try and negotiate a debt settlement with the lender(s). Under this program, you’ll be required to pay a reduced amount immediately or within a short period. The advantage is that you can get a very significant reduction of the amount owed.
If immediate payment is not possible, a debt consolidation or debt management program may offer a more appropriate solution. We will negotiate lower interest rates and reduced monthly payments on your behalf. In this case there is no upfront cost aside from the first monthly payment on the debt management plan (DMP), which is typically much less than clients are currently paying when they join the program.