Table of contents
Financial survival for working-class Americans has always been a struggle. Yet, no one was quite prepared for the economic hardships that would face them in the wake of a global pandemic. It wasn’t long before financial priorities like debt management, saving, and investing took a backseat to pay rent, utilities, groceries, and other essentials. Consequently, debt became uncontrollable, leaving consumers financially strapped and unsure of where to turn. That’s where Harrison Funding comes in.
Harrison Funding Frequently Asked Question for Debt Consolidation
What is Harrison Funding?
Harrison Funding is an agency specializing in debt consolidation. They provide debt management solutions to qualifying consumers dealing with high-balance or high-interest credit cards, medical bills, and other unsecured debts. The firm offers low-interest debt consolidation loans with affordable monthly payment plans to help consumers save money and pay down their debts faster.
What Is Debt Consolidation?
For many people, surviving the pandemic meant paying for necessities with credit cards and neglecting non-essential bills. While it worked to cover immediate needs, this concept also resulted in high balances, missed payments, penalties, and collection activity. Minimum payments barely scratched the surface, and the financial aftermath continued to mount. Looking for a way out, many turned to debt consolidation.
Debt consolidation is the act of refinancing your unsecured debts. Consumers looking for relief, complete an application with Harrison Funding. Upon approval, the agency agrees to pay off the client’s debts in full. The client then repays the low-interest rate loan.
Why Is Debt Consolidation Important?
The idea of taking out a loan to pay off existing debts may not seem like the best way to consolidate debt, but it has many advantages. Once creditors receive payment, the account is made current, and high-interest rates, late charges, penalties, and collection calls cease to exist. Financially-strained consumers are then able to make smaller, more affordable monthly payments.
Why is working with Harrison Funding debt consolidation service important? Just read a few of Harrison Funding reviews, and you’ll see what a difference this debt management practice has made in consumers’ lives. It eliminates a substantial financial burden allowing you to stretch your hard-earned dollars to cover the things you need most during these uncertain times.
Why Not Just Ignore The Issue?
In the middle of a pandemic, just about everyone is having a hard time paying their bills. So, what would be the harm in ignoring the issue? Creditors have to know that you’re struggling to stay afloat right now. After all, you can simply reach out to resolve the matter once things have returned to normal. Right?
Ignoring your growing debt may seem like the right thing to do these days. However, it will only make matters worse. Interest rates will continue to climb, your balances will increase, penalties and fees get tacked on, and adverse accounts ruin your credit history. If you’ve tried negotiating with creditors to no avail, debt consolidation is a practical solution.
What Are My Options For Debt Consolidation?
If you’re overwhelmed with debt, you must consider your options to consolidate. Determining the best debt consolidation strategy will depend on the severity of the debt, income, and financial status. Some of the most common debt consolidation methods include balance transfer credit cards, debt repayment plans, and consolidation loans.
If you have excellent credit, applying for a balance transfer credit card might be ideal. You can eliminate high-interest rates and save money by applying more to the principal balance. However, this option will require you to have good credit, a stable job, and the dedication to repay the balance in full before the interest rates increase.
Consumers that only recently fell behind on their bills might prefer to contact creditors and negotiate more affordable repayment plans. Keep in mind that you’ll need to uphold your end of the arrangement to avoid adverse consequences once you agree to a debt repayment plan.
If you have bad credit, are juggling too many accounts, can’t afford minimum payments, or weren’t able to negotiate with creditors, working with Harrison funding for debt consolidation is the best choice.
How Can Harrison Funding Help?
There are many debt consolidation companies out there, but judging from reviews for Harrison Funding, their services generate results. One customer recalls how she lost her job in the pandemic but found a way to reduce her debts by working with Harrison Funding. Another satisfied client recalls how his workplace injury resulted in high credit card and medical bills. He worked with an agent who helped him understand his options and make informed decisions that have gotten things back on track.
Consolidating your debts not only helps you save money but provides emotional relief. Harrison Funding realizes the challenges in debt management amid a pandemic and wants to do what they can to assist. After carefully reviewing your debts and listening to your story, agents work with you to find the best debt consolidation strategy to accommodate your lifestyle.
How to Apply For Harrison Funding?
If you believe that working with Harrison Funding is the best way to consolidate debt, the next step is to apply. You can apply for Harrison Funding today by visiting their website to complete a short intake survey. The application only requires your name, email address, telephone number, housing status (rent or own), and an estimation of your household income, credit card debt, and monthly payments. Once the application is complete, your information is reviewed, and a representative will reach out to learn more about your debt management goals.
2020 was nothing short of a nightmare. As adults continue to struggle to make ends meet, the need for financial service providers like Harrison Funding is in high demand. Such agencies offer affordable solutions to rising debt that ultimately save money and reduce stress. At a time when emotional distress is overwhelming, it’s good to know companies are willing to step up and help out. If you or someone you know is struggling to repay credit cards, Harrison Funding could be the answer to your problems. Reach out today to learn more.