What We Do

The FCS Plan:
No matter how you became burdened with debt, we want to help you deal with it. The Financial Consulting Services Plan can help you negotiate your current debt total and have zero balances in an average of 30-36 months.

As the following table shows, the Financial Consulting Services Plan can help you pay off your debt much faster than credit counseling agencies or a do-it-yourself approach. It can also save you thousands of dollars.

What We Do:
We begin by assessing your current debt situation, as well as your ability to make payments. Then we develop a plan with the following steps:

• You make payments into a Special Purpose Account set up in your name.
• Over time, your payments accumulate in the account. As the money accumulates, Financial Consulting Services will negotiate with your creditors and arrange settlements – amounts lower than you could negotiate on your own.
• Payments will be made from your Special Purpose Account to your creditors to settle your accounts, freeing you from this unsecured debt.

Our average customer ends up paying off his or her original principal, and pays no additional interest. Our customer examples and numerous testimonials illustrate how the Financial Consulting Services Plan has changed people’s lives and enabled them to gain financial freedom. To find out how we can help you free yourself from debt, contact us for a no-obligation consultation and personalized debt analysis.

Debt Negotiation - Debt negotiation puts you in control and lets you pay less than what you currently owe while making affordable monthly payments. Professional debt negotiators understand that creditors realize they may never collect on delinquent accounts. Even if creditors sell those accounts to collection agencies, they generally make just 5 to 15 cents on every dollar owed. So, creditors generally welcome the opportunity to negotiate settlements. If you try to negotiate with creditors yourself, you may receive a settlement of 85% or higher, but you probably can’t afford to pay such a large settlement at once. Experienced professional debt negotiators, however, can get a more attractive settlement for you – so you can afford to get out of debt. That’s the Financial Consulting Services difference.

CHOOSE YOUR SOLUTION	On your own*	Credit Counseling Reorganization Plan**	The Financial Consulting Services Plan
ORIGINAL AMOUNT (PRINCIPAL)	$20,000	$20,000	$20,000
MONTHLY PAYMENT	$450*	$400	$400
INTEREST PAID	$35,800	$6,876	NONE
TIME UNTIL DEBT IS PAID	10 years, 3 months	6 year	3 years
TOTAL PAID	$55,800	$26,876	$14,400
* Based on 18% interest. Chart uses monthly payment of $450 for a fair comparison. In actuality, the minimum payment would decrease as your balance decreased. If you made only the minimum payment each month on this $20,000 debt, you’d pay over $95,000 in interest and it would take you 75 years to repay the debt! **Calculations for Credit Counseling Reorganization Plan were made with estimate calculator at the website of a non-profit organization.

The Importance of Good Credit:
If you’ve heard the term “good credit” but wondered what exactly that means – and how to attain this lofty goal – you’re not alone. Your credit refers to the score lenders use to determine whether you qualify for a loan and how much you qualify for. The FICO system assigns a number, from 300 (extremely poor) to 900 (perfect credit). Most people fall within 550 to 750 points. As the following chart shows, your FICO score depends on five factors: payment history, amount owed, length of credit history, credit history, and types of credit.

Asking for help with debt may hurt your credit score, but doing nothing – or continuing to pay just the monthly minimum – will lead to poor credit, especially if you’re just using one card to pay off another. To improve your credit, you must improve your debt-to-income ratio, and paying off all of your unsecured debt can help. Although Financial Consulting Services is not in the credit repair business, our plan can help improve your debt-to-income ratio and reclaim your life.