New York, NY (PressExposure) July 21, 2011 -- Five Star Debt relief [http://www.5stardebt.com/Debt_Management.html] consolidates the debts without the need for a loan. One's monthly payments can be reduced significantly. All of the outstanding bills are consolidated into one, low monthly payment that will be catered to fit in the budget.
One of the best things is that most creditors usually reduce their interest rate to as little as 0%-9%. In most cases, the creditor brings one's account current and waives penalties and late fees. Since one can make on time monthly payments the program does not hurt their credit rating. If one credit rating is good it will stay good, if it is not, this program will help rebuild your credit, so one will no longer be considered a risk, but a good paying customer.
Five Star Debt Solutions debt management plans are a win-win situation for both you and the credit companies. Their creditors win because they save money by eliminating the cost of collections, and in some cases a total loss if bankruptcy is declared. They also win by keeping one as a good customer in good standing. They win because one can start living without the financial pressures, annoying phone calls and burden of paying off their
Credit debt relief [http://www.5stardebt.com/Debt_Management.html]. One can actually payoff the principal on their debt since the payments are not subjected to high interest rates and finance charges.
This program has helped tens of thousands of great Americans and has been successful for many years. It was developed by the creditors in order to help their customers work through difficult times repaying their debts. As long as they work within the creditors' established guidelines for people that are in need of counseling, they can extend these many benefits to one.
About Company: Five Star Debt Solutions consolidates the debts without the need for a loan. All of your outstanding bills can be consolidated into one, low monthly payment that will be catered to fit your budget. Your monthly payments can be reduced significantly.