Based in Tampa, Florida, distinguished mortgage expert Harry Hedaya leads one of the top debt-resolution companies in the United States. As director and co-founder of National Settlement Services, Harry Hedaya oversees day-to-day operations. He has guided the organization to prominence through high-quality customer service and cutting-edge marketing.
For easing the stress of major debt loads and tarnished credit scores, consumers can choose from multiple debt-resolution options available to them through trustworthy debt-resolution companies. A common option is credit counseling. Credit counseling involves negotiations between debtors and lenders to lower interest rates. These actions translate into lower monthly payments. This is a benefit if the original interest rates are high. With this option the debts are still paid in full including the monthly interest rates. The required payments each month, however, are lower and this means the repayment may occur over a lengthier period of time.
Before making a decision, it is important for consumers to consult with a professional to determine if this option is best for their situation and to determine how the option will impact their credit score.