In short, you’ll be letting your unsecured debts go delinquent, if they aren’t already. This shows creditors that you are in a hardship situation.

Instead of paying your creditors monthly minimum payments, you begin depositing a monthly payment into an FDIC-insured savings account that you control. When enough money has accrued, we negotiate with your creditors for a lower payoff and use the money in your savings account to pay off your debts.

You continue to make your monthly payment into the account, and we distribute that throughout your creditors until your debt is paid in full.

Negotiations typically don’t begin until a few months after your debt settlement program has started. After you enroll in our program, you begin making payments into an FDIC-insured savings account that you control. Once enough money has been deposited, we begin negotiating with your creditors to reduce the total amount owed. The start of the negotiations depends on several factors including the number of creditors, how much you owe and how much you can afford to pay monthly.

American Credit Card Solutions stands by the rules and regulations of the Federal Trade Commission (FTC). When you enroll in our program, we do not charge any upfront fees. There is no cost to enroll in our debt relief program. We also provide our initial consultation at no cost and no obligation to you. Your success defines our success, so it is essential that our program is the right solution for you.

The best way to know if you qualify for our program is to share your situation with one our friendly and knowledgeable Debt Specialists.  In the meantime, below are a few signs that you may be an ideal candidate for our debt settlement program:

• You owe $10,000 or more in unsecured (i.e. no collateral) debt
• You are having difficulty either maintaining or are falling behind on the monthly minimum creditor payments
• You have multiple credit cards that are either at or near the maximum allowable limits
• You are trying to avoid bankruptcy
• You are experiencing one or more financial hardships, such as unemployment, medical expenses or a death in the family

There are also eligibility standards that relate to the types of qualifying debt.  For example, child support debts, car loans and mortgages are typically ineligible for our debt settlement program. However, major credit card bills, department store credit cards, installment loans, medical bills, and the like are debts we can assist you with.