Debt Consolidation and Credit Debt Restoration

You’ve probably seen the ads on the Internet or TV. Maybe you’ve heard them on the radio. Companies making promises to provide you with debt consolidation programs or debt restoration services that will not only save you thousands of dollars but also help you build or restore a good credit rating. The sad truth is that many of these companies only provide one service, taking money from their clients and sending them further into debt. At Universal Finance we are dedicated to helping our clients avoid these scams and the companies that perpetrate them. Part of that process is through education, so we have included a brief description of both Debt Consolidation Programs and Debt Restoration Services.

Debt Consolidation
These programs are based upon you paying the full amount of what you owe over an extended period of time. The timeframe and conditions are worked out by the Debt Consolidation Company and your Lender. While there is no reduction in the amount you owe, these programs are geared to providing you with an affordable payment schedule that fits your budget. Debt Consolidation programs can also help you establish a favorable credit rating over time.

Debt Restoration Services
Companies offering Debt Restoration services work with you and your creditors to establish a payment option where the balance that you owe is reduced. However, your payment usually must be provided in the form of a lump sum within a fixed and very limited timeframe. This method of payment often allows for a faster restoration of your credit rating.

At Universal Finance we have a team of professionals from a wide array of financial disciplines that will review your applications. Based upon the information that you submit, we will match and provide you with access to legitimate companies in the industry. Companies that through the years have shown their commitment to assisting individuals eliminate their debt, restore or establish a positive credit rating, and keep it that way. We also want to remind you that the amount of information you provide is extremely important because it allows us to widen the parameters of our search process and opens up financial possibilities that may not be apparent at first but could prove fruitful. So please visit the other pages you’ll find on our site and take a few minutes to complete any or all the applications you feel may benefit you.

 

Debt Consolidation & Credit Restoration Application

PERSONAL DETAILS
Applicant name(s):* Phone Number:* Marital Status: Married Single De Facto (living together) Divorced	Dependents Age(s): Email Address:* Employment Status: F/Time P/Time S/Employed Casual
Income: ($) Rental Income: ($) Other: ($)
How much debt do you wish to include? $1-$25,000 $25,001-$75,000 $75,001 and up
CREDIT HISTORY
No. of defaults: Amount: ($)	No. of judgments: Amount: ($)
Bankrupt: Yes No	Date of Discharge:
Primary Tax Debt Amount: ($) Penalties / Fines: ($)	GIC Debt Amount: ($) Age of Debt:
Notes/Comments: