Our Program

Intellidebt's debt management program can help you re-gain CONTROL of your financial life. Intellidebt will secure every benefit available to you, including...

LOWER INTEREST RATES

We will negotiate with your creditors to reduce the interest on your debts. On average we can reduce your interest rates between 7 and 13 percent, although some creditors will go to zero percent, completely eliminating the interest. Obviously, more of your money will go towards paying down your debt rather than to finance charges.

ONE LOW MONTHLY PAYMENT

You will simply make one low monthly payment to us which we'll disburse to your creditors on your behalf. The payment amount is based on creditor guidelines. They usually want a percentage of the balance as a monthly payment and that can vary from 1 - 4 percent of the balance owed, depending on the creditor. The monthly payment is all-inclusive, which means it covers all of the payments to the creditors as well as our monthly processing fee.

With some clients, a payment reduction is not important. More emphasis is placed on getting one monthly payment, reducing the interest rates, stopping late fees and/or bringing the accounts back to a current status. Some individuals would prefer to pay more to speed up the payoff process. Unless directed otherwise, we will always try to work out the lowest minimum payment possible while becoming debt free in 3 to 5 years.

STOP LATE FEES/OVER LIMIT PENALTIES and RE-AGE ACCOUNTS TO CURRENT STATUS

We will work with your creditors to have late fees and over limit penalties stopped and your accounts brought back to a current status. Most creditors will put a stop to those late fees, over limit penalties, and any other nuisance fees that they may be charging you. Some creditors will stop these fees upon enrollment with us while some creditors will require up to three consecutive payments (three months) before these fees disappear. They call that "re-aging " and that's real important. That re-establishes good payment history with the creditors to help get you back on track so you can get on with your life.

STOP CREDITOR HARRASSMENT

If you have experienced a financial setback of some sort and you fall a month or so behind on your bills, the creditor phone calls seem never-ending. You keep receiving calls at work, calls on your cell phone, calls at home during dinner accompanied with threats from commission based collection agencies with no understanding of your situation as they just want their money. This is extremely frustrating and can only add to the stress to your already difficult situation. We are here to improve your situation, not worsen it. We can typically get your account back to current status meaning that the phone calls will eventually disappear. Any phone calls that you receive after enrolling in our program can be directed to our customer care department and we'll take care of them for you.