Service Options
As our primary duty, Resqdebt helps resolve our clients’ unsecured debt (such as credit cards, medical bills or personal lines of credit) through a process called debt settlement. Our clients deposit monthly savings into an account that builds up over a period of time. Once the balance reaches an appropriate level, Resqdebt can negotiate with creditors and help deliver a settlement on your debt. Through this process, it is possible for a client to save thousands of dollars off of their debt. We also offer ongoing education and online resources as part of our commitment to our clients' long-term financial health and success.
Our website contains a significant amount of information on credit counseling, debt consolidation, and bankruptcy. However, we do not offer any of these services. This information is there so that you can make an informed choice on the service that best fits your situation.
Benefits Comparison Chart
| Debt Settlement |
Debt Consolidation |
Consumer Credit Counseling |
Credit Card Min. Payments |
|
| Original Debt | $30,000 | $30,000 | $30,000 | $30,000 |
| Total Years to Pay | 3 | 6 | 6.1 | 12.9 |
| Total Interest Paid | $0 | $11,113 | $15,750 | $17,328 |
| Total Amount Paid | $21,010 | $41,113 | $45,750 | $47,328 |
| You Save | $8,990 | $0 | $0 | $0 |
The chart is a unique case example, and should only be used for general comparison purposes. Individuals’ circumstances and results may differ upon multiple factors that the chart cannot account for. Debt settlement results may vary and are dependant on successful completion of program, creditor cooperation, and ability to save funds.



