- DebtGuru's Process
- Benefits of the Program
- Low Interest Rates
- Relationship With Creditors
- Educational Resources
In order to achieve debt relief, DebtGuru works with a combination of free credit counseling and a debt management program. To start, customers can request a free, honest, and accurate evaluation of their unique financial situation. The company provides advice and claims to help assess the customer's finances within 15 minutes. DebtGuru works with customers to devise a plan to achieve financial freedom.
Customers can enjoy a free credit counseling session with a non-profit, certified, credit counseling professional. DebtGuru professionals will go through customers' spending habits and dive into their financial situation. The session will let you know if DebtGuru's debt management program is necessary, or if small changes in your financial habits can do the trick. DebtGuru's debt management plan works with creditors to decrease interest rates, late fees, and over-limit fees. The credit counseling process can actually help save 10 to 15 percent of your income.
If DebtGuru's debt management program fits your situation, it can reduce monthly debt payments, create a budget, and make sure payments are made on time. The company claims to help save their customers at least $10,000 in lower interest payments.
Benefits of the Program
Using online forms, customers can apply and get started with the debt management program the same day. Customers can consolidate debt through this program without having to take out a loan.
The debt management program can help reduce or eliminate interest rates, and reduce monthly payments by 25 to 50 percent. It can also help reduce or eliminate late and over-limit fees. With the program, customers can stop collection calls and creditor harassment.
Customers can choose how long they want to stay enrolled in the program, and can terminate the plan at any time. People get out of debt in one-third with this program, and 95 percent of clients significantly reduce their interest rates.
Low Interest Rates
DebtGuru offers low interest rates to help customers manage their debt.
Relationship With Creditors
The company claims to have a great relationship with thousands of creditors. DebtGuru actually aims to work with creditors and not against them. Their positive relationship with creditors is what allows customers the ability to deduct interest rates, monthly payments, fees, and stop collection calls.
While it is not necessarily required to offer debt articles and educational resources, it is a helpful addition to companies. Customers who want to learn more about consolidation and debt relief can explore DebtGuru's blog and debt articles for free.
DebtGuru is ISO 9001:2008 certified and is in good standing with the Better Business Bureau. Their counselors are independently certified by the National Institute For Financial Counseling Education.