What the Credit Associates TV commercial - Reduce Credit Card Debt is about.
Credit Associates is a debt relief service that helps people manage their credit card debt. Their TV spot, titled 'Reduce Credit Card Debt,' is a 30-second advertisement that aims to promote their services.
The TV spot begins with a shot of a person sitting in front of a pile of credit card bills, looking stressed and overwhelmed. The voiceover starts, "Are you struggling with credit card debt? You're not alone. Millions of Americans are in the same situation." The shot then changes to show the person's relief as they're handed a piece of paper by a Credit Associates representative.
The voiceover continues, "At Credit Associates, we can help you get out of debt faster and more affordable than you can on your own." As the camera shows the piece of paper, viewers can see that it's a plan to pay off the credit card debt. The shot then moves back to the person, who nods in agreement.
The TV spot ends with the Credit Associates logo and a call-to-action to visit their website or call their toll-free number.
Overall, the TV spot highlights the stress and burden of credit card debt, while offering a solution through Credit Associates' services. The ad effectively communicates the benefits of their service while also providing a relatable situation to connect with viewers.
Credit Associates TV commercial - Reduce Credit Card Debt produced for
Credit Associates
was first shown on television on August 30, 2021.
Frequently Asked Questions about credit associates tv spot, 'reduce credit card debt'
Credit Associates is a legitimate debt settlement company. It is a member of the American Fair Credit Council, whose members promise to follow a code of conduct in the industry.
That depends on what your credit looks like when you enrolled in our program. In general, if you do not make payments to your creditors according to the terms of your agreement with them, your credit will suffer while you work through and recover from your financial difficulties.
One of the best debt settlement companies, CreditAssociates can negotiate with your creditors to reduce the amount you owe and lower your monthly payments. However, you'll have to pay a fee for each debt settled, and there's no guarantee of success.
Debt settlement programs are typically offered by for-profit companies to people with significant credit card debt. The companies negotiate with your creditors to let you pay a “settlement,” or lump sum of money that's less than what you owe. They agree that this amount will settle your debt.
seven years
Whether it's missed payments or charge-offs, they'll stay on your credit reports for seven years. Fortunately, settling debt does not mean your credit will be in the gutter during those seven years. Negative information has less impact on your credit score over time.
CreditAssociates is a legitimate, professionally accredited company that has helped many clients settle debts. It develops a customized plan for each client and charges no upfront fees - you only pay once your debt is resolved.
It is always better to pay off your debt in full if possible. While settling an account won't damage your credit as much as not paying at all, a status of "settled" on your credit report is still considered negative.
It can boost your financial health.
This often includes assessing your income and expenses to help you create a budget that's tailored to your needs. Their advice could include everything from reducing your monthly expenses to increasing your income to understanding how to use credit responsibly.
Public Service Loan Forgiveness (PSLF)
The PSLF Program forgives the remaining balance on your Direct Loans after you've made the equivalent of 120 qualifying monthly payments while working full time for a qualifying employer.
How To Pay Off $10,000 Credit Card Debt
- Stick To A Strict Budget.
- Choose A Payment Strategy.
- Consider Consolidation.
- Use a Balance Transfer Or Personal Loan.
- Find Ways To Increase Your Income.
- Seek Professional Advice.
- Track Your Progress.
- Negotiate With Your Credit Card Issuer.
If you're talking about credit card debt, all you need to do is make minimum monthly payments. At a minimum payment of $200 a month at current interest rates, it will end up costing you $22,644.95 (in addition to the original $20,000!) to pay off all the debt, and it'll take you about 10 years to do it.
Does credit card debt go away after 7 years? Most negative items on your credit report, including unpaid debts, charge-offs or late payments, will fall off your credit report after 7 years since the date of the first missed payment have passed. However, it's important to remember that you'll still owe the creditor.
