As a consumer, it’s easy to fall prey to credit card debt. You try and stick to a budget and save for a rainy day, but expenses happen, refrigerators break, and before you know it, you’re drowning in debt. Unfortunately, once you’re in credit card debt, it’s difficult to eliminate it. Accruing interest on your debt while you pay the minimum payment will have you barely making a dent in your credit card bottom line.
But there is something you can do to crawl out of that quicksand, and Tiffany Funding helps Erie residents do just that. Tiffany Funding offers debt consolidation solutions for your credit card debt, so you can pay it off for good.
Debt consolidation is the act of combining your outstanding debt into a single loan. It’s a way to take your multiple credit card balances with various interest rates and put them all in one place with one interest rate. That way, you’ll only have one monthly payment to worry about, and you have a better chance of reaching your debt-free goal.
Merging your debt into one payment is an advantage of debt consolidation, but there’s another advantage to consider. Debt consolidation typically gives you more favorable terms than your existing debt. That means you will pay less over the long-term than if you never consolidate your debt under one umbrella.
There are two ways companies can offer debt consolidation: through a secured loan or an unsecured loan. Secured loans use collateral to back up the loan, so if you don’t repay it, they can take your collateral instead.
For example, when you take a loan to buy a house, you use the value of the house as collateral for that secured loan. If you don’t make payments, the bank forecloses on the loan and takes the house as payment.
An unsecured loan doesn’t use collateral, so if you don’t pay an unsecured loan, they have nothing to take immediately. That doesn’t mean there is no recourse for this type of loan. Non-payment will affect your credit score and could lead to collection or legal action.
Tiffany Funding helps Erie residents with their finances by offering debt consolidation of all credit card debt in the form of an unsecured loan. Imagine only having one payment a month to help you reach your goal of paying off your debt completely. It might seem impossible if you’ve been living in debt for a long time, but it is possible to see the light at the end of the tunnel.
Here’s how Tiffany Funding tackles your debt.
To make this a reality, Tiffany Funding needs a few things from you in order to combine your credit card debt.
If you received a Tiffany Funding invitation in the mail, go to the website, and enter the private invitation code to begin the application process. Some information you need to complete your application includes:
One thing you don’t have to provide is your Social Security number because Tiffany Funding won’t check your credit score. Also, since you will receive an unsecured loan to consolidate your credit card debt, you don’t have to use any collateral to secure the loan.
Tiffany Funding’s purpose is to take your high-interest credit card debt and consolidate it into one easy to manage loan. We all need a little help to manage our debt, and with Tiffany Funding, leaving your debt behind is possible.
If you’re an Erie resident and you’re ready to eliminate your debt for good, call Tiffany Funding at 888-224-6708 and speak to a representative today!