How It Works


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Contact American Financial today to learn more about our expert debt relief and consolidation services and take the first step towards achieving financial freedom.

Discovering the Best Debt Relief Services

Achieving a debt-free lifestyle is a wise choice, but it can be challenging, especially if you are already struggling with heavy debt or living paycheck to paycheck. Fortunately, there are various debt relief programs that can help you regain financial stability. However, it is crucial to understand how debt relief works and to find the most suitable solution for your financial situation.

How Debt Relief Works

Debt relief involves negotiating with creditors to reduce or eliminate debt. The most appropriate debt relief solution depends on several factors, such as the type and amount of debt you have, your financial resources, and your ability to make payments. Some of the most common debt relief solutions include debt settlement, debt consolidation loans, and credit counseling.

Debt Settlement

Debt settlement involves negotiating with creditors to accept a lower amount than what is owed. It can significantly reduce your overall debt, but it may also harm your credit score. Debt settlement is typically recommended for people with over $10,000 of unsecured debt, such as credit cards and medical bills, who cannot keep up with their minimum payments. To ensure that you are not taken advantage of by banks or debt collectors, most people hire debt relief services or debt settlement companies to represent them.

Debt Consolidation Loans

A debt consolidation loan is a debt relief method that involves paying off multiple high-interest unsecured debts with one loan, usually at a lower interest rate. It simplifies bill payments, reduces monthly payments, and can protect your credit score. However, if you have bad credit, it may be challenging to qualify for a traditional debt consolidation loan. Some lenders specialize in loans for people with bad credit, but they often come with high-interest rates and fees. Before deciding on a debt consolidation loan, compare offers from multiple lenders to ensure that you are getting the best deal possible.

Pros and Cons of Debt Consolidation

Debt consolidation has advantages and disadvantages. On the positive side, it can reduce monthly payments, lower interest rates, and simplify bill payments. However, extending the repayment period for your consolidation loan could result in paying more in interest over the life of the loan. Additionally, consolidating your debt with a high-interest loan could damage your credit score, and there is a risk of running up new debt.

Credit Counseling and Debt Management

Credit counseling agencies or debt relief solution companies are non-profit organizations that work with banks to lower interest rates. A debt management plan involves paying back all of your debt owed and reducing your interest rate. To be accepted into a debt management plan, you will need to have a reliable monthly income and be able to keep up with your current minimum payments. Credit counseling is a good option for those not looking to damage their credit score.

In conclusion, finding the best debt relief services requires understanding how debt relief works and identifying the most suitable solution for your financial situation. Consult with debt relief professionals and compare multiple offers before deciding on a debt relief program.


Three Simple Step To Start Working Process

Starting is simple and takes less than a minute, and it may turn out to be the most advantageous financial choice you ever make!


Free Consultation

Tell us your situation, then find out your debt relief options – no obligation.


Evaluate Plans

Approve your plan, personalized from our suite of products.


Best Results

Get back to financial stability and living your life within 24-48 months.

Debt We Can Help With

We cover most unsecured debt and negotiate with major credit card issuers and banks every day to reduce debts. 


What Our Happy Clients Say About American Financial

Our satisfied clients rave about the world-class personalized service, expert guidance and effective solutions they received from us. 

Thank you Fincial111!

“I was drowning in debt and didn’t know where to turn, but American Financial was there for me every step of the way. Their expert guidance and personalized debt relief plan helped me reduce my debt and lower my interest rates, and now I’m on the path to financial stability. Thank you, American Financial!”

Sarah T.
Debt Consolidated

“I was skeptical about debt relief services at first, but American Financial exceeded my expectations. They worked with me to understand my unique financial situation and develop a plan that worked for me. Thanks to their help, I was able to consolidate my debt and pay it off more quickly than I ever thought possible.”

John S.