Personal Lending vs. Debt Resolution - Two Paths, One Goal
At Jubilee Financial, we offer two distinct approaches to tackle your debt challenges: Personal Lending and Debt Resolution. Each method is designed to address different financial circumstances, allowing us to tailor a plan that best fits your needs.
With Personal Lending, you consolidate your debts into a single loan with a fixed monthly payment. This approach can simplify your repayment process and potentially lower your overall interest rate. It’s a solution best suited for individuals with good credit scores and the ability to manage structured repayment terms.
Debt Resolution, on the other hand, involves negotiating directly with your creditors to settle your outstanding balances for less than the amount owed. Instead of making monthly payments to creditors, you deposit funds into an FDIC-insured Special Purpose account in your name. As funds accumulate, our team works to secure settlements, often allowing you to resolve your debts in as little as 24 to 48 months. This option is ideal for those struggling with unmanageable debt who want an alternative to bankruptcy.
Jubilee Financial is committed to providing you with the information and guidance needed to choose the path that aligns with your goals and financial situation. Whether through Personal Lending or Debt Resolution, we’re here to help you achieve a debt-free future.
Personal Support Every Step of the Way
From your initial consultation to the final payment or settlement, Jubilee Financial ensures you’re supported at every turn. When you opt for Debt Resolution, a dedicated Account Manager will be assigned to your case. They’ll negotiate with your creditors, keeping you informed and in control. Every settlement requires your written consent, ensuring transparency and empowering you to make informed decisions.
With Personal Lending, our team of specialists will guide you through the loan approval and disbursement process, answering questions and providing clear details on repayment terms. You’ll have a trusted partner advocating for your success, no matter which option you choose.
Jubilee Financial believes in maintaining open communication and prioritizing your peace of mind. With us, you’re never alone in your journey toward financial freedom.
Choosing the Right Path
Determining whether Personal Lending or Debt Resolution is right for you depends on your financial situation and goals. Personal Lending requires qualification for a loan, which typically involves having a good credit score and stable income. This option is best for those who want to streamline their debts into one manageable payment with potentially lower interest rates.
Debt Resolution, on the other hand, is ideal for individuals facing significant unsecured debt, such as credit cards, medical bills, or payday loans, totaling at least $10,000. This program negotiates directly with creditors to settle balances for less than the original amount owed, providing a faster and more flexible alternative to traditional repayment plans or bankruptcy.
If you’re unsure about your eligibility or the amount of debt you owe, Jubilee Financial can help. Our specialists can perform a soft credit inquiry to assess your accounts and develop a clearer picture of your financial standing. We take the time to fully understand your income, expenses, and obligations to craft a solution tailored to your needs.
No matter which path you choose, Jubilee Financial is dedicated to supporting you every step of the way. We provide transparent guidance and personalized recommendations to help you move toward financial freedom with confidence and clarity.