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Simple, Effective & Fast! All in 4 EASY steps!
1 | We will negotiate the terms and conditions of all your judgments, collections, and charge-offs. | 2 | We will have them reported correctly to the 3 bureaus once settled. | 3 | Members pay a discounted rate of a maximum 20% on the spread on what we save you. | 4 | All money goes directly to the original creditor or collection agency. |
We Can Settle: Credit Cards Unsecured Loans Unsecured Personal Loans Unsecured Personal Lines of Credit Collections, Autos in Repossession Medical Bills Lawsuits, IRS Debt/Taxes Utility Bills, Auto Loans Government Loans Student Loans Secured Debts Home Loans / Mortgages
| | | | Example of Debt Settlement Program: - Member’s principal balance = $ 1,000.00
- BQ negotiates a settlement = $ 500.00
- Member’s payment = $ 600.00
Savings for member = 40% |
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SAVINGS:
How much is Poor/Bad Credit Cost You?
As you increase your credit score, you'll qualify for lower interest rates. This means that you pay less to borrow the same amount, resulting in a savings to you. | Automobile Financing: | Credit Status: | Rate: | Payment: | Cost of Bad Credit: | An auto loan can cost thousands
more in interest if you are buying the
vehicle with less than perfect credit.
$20,000 auto paid over 5 years. | Perfect
Good
Fair
Bad | 0-5%
10%
14%
20% | $377.42
$424.94
$465.37
$529.88 | $0.00
$2,851.20
$4,722.54
$8,859.30 |
| Mortgage Financing: | Credit Status: | Rate: | Payment: | Cost of Bad Credit: | This graph is for a $300,000 mortgage
with a 30yr amortization table | >740
680-739
651-679
600-650 | 6%
7%
8%
9% | $1798.00
$1995.00
$2201.00
$2413.00 | $0.00
$197.00
$403.00
$615.00 |
*Poor credit could cost you over $7,000.00 dollars a year and a total of $221,000.00 over the life of this loan.
| Credit Cards: | Credit Status: | Rate: | Payment: | Cost of Bad Credit: | Information is based on 10,000 dollars
in credit card balances. | >740
680-739
651-679
600-650 | 6%
10%
15%
25% | $450.00
$483.00
$525.00
$608.00 | $0.00
$33.00
$75.00
$158.00 |
*Poor credit will cost you $ 1,896.00 a year.
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Your Plan Summary: • By making minimum payments only, it will take you 8 years and 5 months to pay off your credit cards. • Based on your current combined balance of $10,000.00, you will pay a total of $4,656.99 in interest. The total cost to a consumer with bad credit over a five year period = $ 53,073.00 Auto = $ 8,593.00
Mortgage = $ 35,000.00
Credit Cards = $ 9,480.00
Total = $ 53,000.00
• ** These figures do not include the cost of higher insurance premiums. People with bad credit pay higher premiums for some of insurance products. ( I.e. Auto, Home Owners)
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