Q. How does Debt Navigator differ from debt 'counselors' or 'consolidators'?
A. 'Counselors' and consolidators', even so-called 'not-for-profit' services, make their money by intervening between you and your creditors, taking a cut from your payments and usually damaging your credit, even if only for the short run. Your personal Debt Navigator Plan puts you in control, directly paying your creditors in amounts allocated to pay them off fastest, empowered by knowledge and with your credit intact - usually improved.
Q. What if I diverge from the plan? Do all the benefits go up in smoke?
A. Chances are, much of your debt came from unforeseen expenses, which do crop up from time to time. That's why your $139 Debt Navigator Plan includes free updates for the first twelve months. If circumstances force you to diverge from the plan, just enter your new balances information and you'll receive an updated plan to get you back on the shortest course to debt freedom. And, after that 12-month period, you can purchase another year's worth of updates any time for only $29.
Q. Does the plan create new debt?
A. The Debt Navigator Plan doesn't rely on balance transfers from one unsecured debt to another, which can sometimes produce brief interest reductions but usually damages your overall credit profile.
Q. Must I be a homeowner to benefit from a Debt Navigator Plan?
A. No. In fact if you're not a homeowner, the plan can help you build the credit you'll need to buy a home. If you are a homeowner, you need to know that your Debt Navigator Plan delivers interest cost savings without a mortgage refinance - a step that put your home at risk.
Q. How does Debt Navigator get paid?
A. Debt navigator develops a plan tailored to your individual circumstances, a critical tool for mastering and eliminating debt. You pay a flat fee for $139 for the service, but only if the plan can return many times its cost - at least 30% savings on total interest cost.
