Any quick search on Google will lead you to a lot of frustration sometimes, especially when it comes to the world of credit. You’ll see a lot of advertisements for clearing your debt s fast as 30 days from now, while others will tell you that your credit card problem will be erased in less than 72 hours.

Those offers sound pretty good, but unfortunately that’s all they really say. If you’re not careful you’ll find yourself facing even further trouble as most of these fly by night operations charge a pretty penny to get you to sign up with them. It’s a lot of wasted time, a lot of wasted money, and there are better options out there.

Let’s go back to the original question: does debt really take time to clear? That depends on the method that you choose. You can take roads that shorten the overall time it takes to pay back your debts, but you’re not going to see a massive change overnight. In fact, you will want to take the time to really heal not only your credit score, but the way you see credit in the first place. Personal finance skills are the key to a rewarding life, and if you’re not careful with your budget you’ll end up making your life a lot more difficult than it really needs to be.

The best thing that you can do for yourself is to see whether or not debt consolidation is an option for you. For starters, debt consolidation does exactly what the name implies it does. It rolls all of your eligible debts into one low monthly payment with a much lower interest rate.

In fact dependent upon your age, you may even be eligible for an interest rate that is fixed for the rest of your life. Anyone consolidating debts over the age of 55 have access to payment free mortgages which can be used to clear their liabilities. In such scenarios equity release is used for debt consolidation purposes & removes the necessity for future monthly payments, thus alleviating the family budget.

Real debt consolidation companies have a lot of experience when it comes to working with the credit card companies. While credit card corporations hate taking a hit when they could be getting the entire debt from you, they also realize that it’s a lot better to get at least part of the money than to have to forfeit all of it. If you declare bankruptcy, they can’t technically go after you if you have no assets that can be seized. Since they want to avoid forcing you into bankruptcy, many credit card companies are actually more than happy to negotiate.

So why don’t they negotiate with you? Well, first and foremost they know that you are more afraid of them than the other way around. They know that you’re going to be afraid and stressed out, so they go ahead and try to get as much as they can from you — including the late fees, accrued interest, and any other fees they can legally stick you with. Is that right? No, and that’s exactly why you need a strong financial advocate on your side!

When you’re ready to move forward, the choice is easy — debt consolidation can really help you pay down debt faster and move closer to the debt free life that you deserve!