Frequently Asked Questions

What are credit card debts?
Credit card debts are unpaid balance on credit cards. These are not the minimum amount due, but are the total balance due on a respective line of credit.

How to avoid credit card debts?

• Pay bills promptly to avoid late fees
• Keep track of your charges
• Do not exceed your credit card limit.
• Always avoid over limit fees
• Report any change of address prior to moving, this way you will receive your bills right away.

What is a credit limit?
It’s the maximum amount that a person is allowed to charge and owe on a credit card.  It also includes purchases, cash advances, and any finance charges or fees.

What is credit line?
Any amount up to the limit of the line of credit that may be "borrowed."

Who need a credit card debt consolidation?
Anyone who is behind on his payments, receiving calls from collection agencies and creditors, or is struggling to pay bills every month can be the right candidate to apply for a credit card debt consolidation.