Debt-Grant - Arkansas
Arkansas's Trusted Name in Debt Relief
See If You Qualify 1-877-854-0868
McAfee SECURE sites help keep you safe from identity theft, credit card fraud, spyware, spam, viruses and online scams
Privacy Verified
Security Seal
Which debt relief program saves you the most each month?
Find out today which debt relief programs you qualify for and how much money you could be saving each month!
  • $50,000 debt relief savings estimate 16 minutes ago in Richmond, VA
  • $67,500 debt relief savings estimate 3 hours ago in Richmond, VA
  • $55,000 debt relief savings estimate 3 hours ago in Roanoke, VA
  • $72,500 debt relief savings estimate 6 hours ago in Virginia Beach, VA
  • $35,000 debt relief savings estimate 8 hours ago in Warrenton, VA
  • $30,000 debt relief savings estimate 9 hours ago in Virginia Beach, VA
  • $50,000 debt relief savings estimate 13 hours ago in Charlottesville, VA
  • $32,500 debt relief savings estimate 14 hours ago in Fredericksburg, VA
BBB A+ Rated
Powered by Envoy
Debt Relief – How It Works
Over the years one of the most common questions we get from people who come to our site is "How does it work?"
This video explains how the free debt relief savings estimate works, how debt relief programs work and if there is any cost.

Get Debt Relief without a Personal Grant

There are a variety of reasons why many individuals and families in Arkansas and across the country may be faced with unmanageable credit cards and other unsecured debts. And, while many consumers may be in search of a debt relief grant or some form of government assistance to resolve debts, this type of credit card assistance is not available. However, there is help for consumers struggling with uncontrollable credit cards and other debts: besides personal bankruptcy, there are several debt relief options that may provide relief for consumers through credit counseling, debt counseling, debt consolidation or debt management plans (DMPs), and debt negotiation or debt settlement.

If you are in need of debt relief due to a financial hardship, you can request your free debt relief evaluation and savings estimate to see if debt relief could help you.

Understanding Your Debt Relief Options

Personal bankruptcy is considered the debt relief option of last resort, but credit counseling, debt consolidation, debt management, or even debt settlement have become popular alternatives. Through structured debt relief plans based upon your existing debt and income available to pay them down, you may breathe a sigh of relief knowing that expert help is available that can put you on a path to financial freedom.

To explore your debt relief options, answer a few, simple questions now and get a free debt relief estimate and savings analysis – at no cost to you.

Debt Consolidation and Debt Consolidation Loans

If you are confronted with credit card debts or other types of unsecured debts, such as retail store cards, gas cards, doctor bills, utilities, or more, you may want to look at debt consolidation through a debt management plan (DMP), which could potentially make it much easier to pay off debts at a pace you can afford. With debt consolidation, or a debt management plan, individuals and families can consolidate high-interest credit card and unsecured debts into one, more affordable and more structured payment made to a consumer credit counseling agency. Credit counseling agencies, in turn, distribute those funds to credit card companies.

When you enroll in a program to consolidate credit card debt, credit counselors first review your finances, debt amount, and sources of income to determine how much money you can reasonably set aside each month to pay down your debts. Debt relief counselors then create a strategy to help reduce your high interest rate debts and submit proposals on your behalf to creditors requesting the benefits of debt relief. These can include reduction of interest rates, the waiving of late fees and penalties, and generally more favorable and lenient repayment plans. Creditors who see that you are indeed going through financially difficult times will be more likely to agree to debt proposals and place your account into the structured debt management plan for payment over time until your debt with them is cleared up.

To examine your debt relief options, take a minute to answer a few simple questions to get a free debt relief analysis and savings estimate from a BBB-accredited debt relief provider.

State Resources for Low-Income Families

While the state of Arkansas does not have debt grants or programs to help consumers pay off credit card debts, it does have several programs for low-income families and individuals who may need help paying bills, rent or buying groceries. Examples of these state programs include the Low Income Home Energy Assistance Program (LIHEAP), Medicaid, ARKids First! Program, which provides affordable health insurance for children, and a variety of food assistance programs. To learn more, visit the state of Arkansas' official Benefits page.

Debt Settlement or Debt Negotiation

Debt settlement is another alternative to resolving credit card debts faster, provided that you can accrue money in a designated "set aside" account so that you will have the funds necessary to extend a settlement offer to creditors.

With debt settlement, it's important to recognize that if credit card companies notice that you have fallen behind by 60 days or more and decide eventually to "sell off" your debt to a third-party debt collector as "bad debt," they may only receive as little as 10 cents on the dollar. So, it's logical that credit card companies, in this position, may be willing to accept a reasonable settlement offer made by you or by a debt negotiation company for much less than the full amount owed.

There are some other factors to be aware of with debt settlement. For instance, when consumers default on the terms of credit card agreements in order to set aside monies in a settlement fund or a "lump sum" creditors may threaten or take legal action. In addition, money saved through credit card settlements is subject to federal taxation. Finally, debt settlement's typically negative impact on personal credit will not be as severe or long lasting as that of a personal bankruptcy.

Despite the legal and tax implications, debt settlement is growing in popularity as an option for consumers who want to settle debts for as much as they can reasonably afford, rather than default on debts entirely and file for personal bankruptcy.

To review your debt relief options, take a moment to get your free debt relief analysis and savings estimate today.

Saving thousands of dollars feels really good!
Know your debt relief options.
People helping people get the debt relief they need.

Creditors calling?

When you're falling behind with credit card debts and creditors are calling – it feels great to know that there's a debt program to lower your payments and get you out of debt much faster than you ever imagined.
Who we're helping right now...
$30,000 debt relief savings estimate
– Lexington, NE

Unexpected bills

Credit card debts and unexpected medical bills can put you in a real bind. Fortunately, debt relief plans can reduce interest rates, lower monthly payments, and help you get out of debt faster.
Who we're helping right now...
$30,000 debt relief savings estimate
– Lexington, NE

A brighter future

When you work hard to provide a bright future for your children, you don't want high interest credit card debts to get in the way. You need a proven path to become debt free as quickly as possible.
Who we're helping right now...
$10,000 debt relief savings estimate
– Houston, TX

Debts piling up

When you own your own business, it's easy for credit card debts to become a problem – bills piling up, creditors calling, and you need a way out. The good news is, debt relief can help you save money each month and take control of credit card debts.
Who we're helping right now...
$90,000 debt relief savings estimate
– Bunkie, LA

Supporting a family

Credit card debts can add up quickly, especially when families run into unexpected expenses like medical bills, or loss of a job. The good news is there are credit card debt hardship programs that can help you.
Who we're helping right now...
$35,000 debt relief savings estimate
– Mifflinburg, PA

Financial hardships

When you go through tough times and credit card debt start closing in on you – it feels good to know there are debt hardship assistance programs to help you get back on track.
Who we're helping right now...
$20,000 debt relief savings estimate
– Miami, FL

Retire debt free

When you're planning for retirement, paying monthly credit card minimums will get in the way of your dreams. The good news is, credit card companies may be willing to reduce your interest rates, waive late fees or even settle debts for much less than you owe.
Who we're helping right now...
$50,000 debt relief savings estimate
– San Diego, CA