Saving Billions: How Debt Consolidation Benefits Everyday Americans
There are many ways to deal with debt: Budgets, loans and a whole slew of DIY debt payoff methods. So why, then, do so many turn to Beyond for help? Because debt consolidation works — and provides immediate relief on monthly payments.
In fact, Beyond Finance has already helped over 700,000 people and paid off more than $2 billion in debt. Let’s look at the popularity of Beyond’s program, and how enrolling in a debt consolidation program makes it easier to build lasting, healthy financial habits.
Debt Management Made Better
Ask anyone juggling multiple minimum payments on credit cards and loans: Having many different debts is confusing and stressful. From dodging creditor calls to the stress of opening the mailbox, the sheer number of things you have to manage can be daunting and discouraging.
Then, there’s debt consolidation: It bundles all those eligible debts and combines them into one, affordable payment. In fact, our clients typically stand to save 40% or more off their enrolled monthlypayments.
Lowering monthly payments means more than a happier wallet — with new flexibility, our clients have more opportunities to take a breath, evaluate their finances and seek out ways to combat the financial strain they experience. A fresh start can inject new energy into the project of becoming debt-free. Hope is a powerful thing!
Building Good Money Relationships
Being in debt is as much an emotional journey as it is a financial one. And at Beyond, debt consolidation does more than make life more affordable: We encourage our clients to use the program as a period to evaluate their emotional journeys with money.
Thanks to our in-house financial therapists, our clients have access to thoughtful conversations around money’s emotional dynamics. It’s a way for people to make meaningful change — and establish new ways to approach their finances.
Helping Everyone Save Together
The benefits of debt consolidation aren’t just personal. When many people save money and lower their debts, it helps their relationships, ability to participate in their communities and strengthens their overall buying power. Taken as a whole, debt consolidation can have profound ripple effects on domestic economic stability. For instance, debt consolidation programs can help:
- Reduce total debt across the country
- Increase spending power for everyone
- Improve economic health on a wide scale
Credibility Makes a Difference
Picking the right company when enrolling in a debt consolidation matters. With many different debt consolidation options out there, Beyond Finance is proud to have an excellent reputation and track record of success.
Want to see how debt consolidation could change your financial future for the better? We’re here to help.