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What are some services offered by Credit Guard of America?

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CreditGuard of America offers services that include debt management and debt consolidation, notes the company's official website. Another service the business provides to its consumers is credit counseling.

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CreditGuard of America helps its clients reduce the total amount of debt owed and the time it takes to pay off the debt with its debt management service, according to its website. The company works with creditors on behalf of its clients to negotiate lower monthly payments and decrease interest rates. CreditGuard attempts to reduce debt with some creditors by as much as 60 percent.

The company also provides assistance with managing debt by trying to waive late fees and penalty fees, notes CreditGuard.org. It attempts to bring a client's account back to current status after three months. The CreditGuard of America debt consolidation service rolls all debt into a single affordable monthly payment.

As of 2015, most customers have been able to pay off their debts within three to five years, instead of 30 years, explains CreditGuard of America. Its credit counseling service helps guide customers on ways to help manage debt. The counselor assists in assessing a spending budget for the customer and teaches the customer how to live within reasonable means.

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