This post is sponsored by Pennon Partners. I have not used this company. I am just sharing a company where my readers may benefit from.
This year The Husband and I are continuing our goal to clearing up our credit and getting debt free. I am happy to say that last year The Husband and I paid off two outstanding bills. I am so glad that we were able to do that. Now we are working to pay off some more of our bills. I will be super excited when we reach our goal. It will always be my goal no matter how long it takes.
Since we have started our plan to get debt free I have actually learned a few things.
- The bill collection company who are trying to get you to pay on your bill are trying to get paid too so often times their fee is included in the amount of your bill which makes your bill more than it originally was.
- Sometimes you can go to the original company who you owe and pay your bill there or negotiate a lower bill.
- Sometimes bill collection companies will try to bully you into giving your credit card information so they can have you in a locked payment plan. You do not have to give them that information
- The collection companies are able to negotiate with you on behalf of the company you owe to.
After learning these things The Husband and I was able to pay off my two bills by making regular payments on our own. After showing that we were willing to do that The Husband and I were able to settle with the company for an amount a few hundred dollars under the original payment. We were thrilled to get these companies off our backs and now we are working on paying off some other bills. We also paid off a hospital bill that The Husband had a few years back. So that makes three bills that we have cleared.
If you don’t want to deal with these companies on your own like we are there are companies that will help you to pay off your bills. Companies like Pennon Partners. Pennon Partners goal is to help people pay off their bills in a timely fashion. They do this by prioritizing their clients needs by offering a single monthly payment with low interest rates. This way the companies they owe are getting paid but the client doesn’t have to worry about paying a large amount of money to each company. Everything is done with just one payment. This will take some stress off of constantly having to have money for a bunch of companies each month. If I felt like I had to go this route I think I would. I know someone who did this and it actually worked out for them in the end. They were able to clean up their credit in a short amount of time. Companies like Pennon Partners can be very helpful and can be another tool to help you reach financial freedom.