Building Your Financial Future

Sustainable Savants LLC

Our goal at Sustainable Savants is to get you out of debt and keep you out of debt.  One way to do that is to educate you as to the different debt relief options.

Which debt relief option is right for you?

If you are having trouble due to accumulating debt, the first step to regaining financial stability is to take action. The next step is to determine the best possible debt relief option given your unique financial situation. To help you decide, we have created an in-depth guide which compares four different debt relief options in order to help you find the option best fit for you.

Each Debt Relief Option Has its Own Pros and Cons

It is essential that you contact one of our financial consultants to assist you in the right direction. Everybody has a unique financial situation, and with the help of our experienced consultants, we will ensure that you choose in the right plan and will tailor it to fit your specific goals.

A Comparison of Your Options

Keep in mind, like anything in life, there are benefits and downsides to each option.  Be sure to call for a free consultation where the pros and cons can be better explained to you.

Cost Analysis of the Various Debt Relief Options

Summary of Costs of the Debt Relief Options

As you can see from the comparisons, the most expensive way to get out of debt would be to continue your minimum monthly payments for many years.  If you have already fallen behind on your payments, the least costly option while still avoiding bankruptcy would be the debt settlement option.  With debt settlement, you not only save money in the form of a discount on the principal balance, but will also not have to pay back any future interest charges, which over time, adds up to thousands in extra savings.

Time Analysis of the Various Debt Relief Options

Summary of Timeframe of the Debt Relief Options

As you can see from the comparisons, the time it takes to get out of debt by paying the minimums looks more like a jail sentence.  If you have already fallen behind on your payments, the quickest way out of debt, other than hitting the lotto, while still avoiding bankruptcy would be the debt settlement option.  With debt settlement, you not only save money by getting a discount on the principal balance, but will also not have to pay back any future interest charges, which over time, adds up to thousands in extra savings, making it much easier for you to get out of debt quickly.