Episode Synopsis "New loan product from Smart Debt Services"

It's easy for consumers to pay off debt when they're financially healthy, there are so many options that are out there for them. The question we kept coming back to is how do we help people that are experiencing financial stress. People who have proven in the past their ability and willingness to pay but at this moment they can no longer keep up with the level of payments because of some type of financial shock. We believe in the notion that people are inherently good and they want to make good on their debt. So we came up with a process where we can restructure that debt and restructure the payment to what the consumer can actually afford while helping them rebuild and getting them back on the right path financially. Smart Debt Services has a new loan product designed to help pay off credit card debt balances of $15,000 or more and simplify life.

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