American Debt Consolidation is a company based in Lee's Summit, MO that offers debt consolidation services to residents of the area. They provide various options for consolidating debt, such as transferring high-interest credit card debt to a lower interest rate card or taking out a home equity loan. However, they caution that debt consolidation may not be a comprehensive solution to financial problems and suggest exploring other alternatives.
They also mention credit card debt negotiation as an alternative to bankruptcy, where individuals can offer creditors a reduced amount to settle their debt. While this may have some benefits, it can also negatively impact credit scores. American Debt Consolidation advises finding the best credit card debt negotiation services that work for each individual's situation. They offer free help and assistance to those seeking debt relief in Lee's Summit and other cities in Missouri.
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