Monday, May 18, 2009

debtconsolidationleadsusa.com

Debt consolidation leads are the 1st step in a debt consolidation business bringing debt relief to the consumer.  Each day, thousands of people search for the term "debt consolidation", "debt relief", "online credit card debt consolidation" and more looking for help with their unsecured debt.   Debt consolidation services buy leads from websites in order to contact those seeking debt consolidation.

But what is debt consolidation?  Debt consolidation is the taking out of one loan to pay off several loans, usually at a lower interest rate or at a fixed interest rate.  It is often used with credit card debt and other forms of unsecured debt.

Debt consolidation can also be a secured loan against assets put up as collateral.  This allows a lower interest rate as the asset owner agrees to the forced sale of the assets provided as security should this be necessary to pay the loan.

In some cases, debt consolidation services can offer a discount on the loan.  If there is a possibility of bankruptcy the debt consolidator can buy the loan at a discount.  Consolidation can affect the debtor's ability to discharge debts if they go into bankruptcy and therefore is not a step to be taken lightly.

A good debt consolidation leads gives the debt consolidation service the amount of each debt, the type of debt, the total of the unsecured loan and how they prefer to be contacted and when the best time to contact them is.

Some Debt Consolidation Lead services offer the option of paying for the lead online.

Debt consolidation leads are the first step in a process that has saved hundreds of thousands of Americans a considerable amount of money on their unsecured debt payments.

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