Apply from our site. We reach out to you right away.
We reach out to you right away
Please make sure you have statements available on any debt you wish us to assist you with.
We will have you quoted and moving forward on your way to financial security.
Debt Management Program (DMP)
A Debt Management Program or DMP is designed to work with all of you creditors in order to provide one monthly payment to be disbursed through a nonprofit servicing center in order for your creditors to significantly lower your interest rates and or fees and bring the behind accounts current.
A DMP will only help increase your overall credit score by reducing your debt to income ratio. A DMP is designed for people who are current and on time with all unsecured credit card bills.
A Debt Settlement Program is designed for those already behind with unsecured debt and already have some of these bills in collections. A Debt Settlement Program allows for very small monthly payments to be placed into an escrow account.
This money builds up each month until enough money is in that account to start to negotiate settlement offers with these creditors and collectors. During this process, letters are sent to each creditor notifying them that payments are being negotiated and to refrain from any collection attempts. This prevents collection letters and phone calls. In just a short time, all accounts will be settled as agreed and after time, your credit score will begin to improve.
Certified Debt Specialist
First Loan Choice Specializes in helping people with a serious amount of credit card debt and other unsecured debt. As a company we recognize the hardship that clients go though when in debt, but First Loan Choice with exceptional experience has proven through various satisfied customers that WE CAN HELP WITH DEBT CONSOLIDATION!!!!! Commit yourself today to dominate your debt, fill out the form and tell us a little bit about yourself, let us take the reign and guide you towards financial freedom.
Debt Consolidation is different from debt settlement; Debt Consolidation 9 times out of 10 does not have adverse effects on the individual's credit score. Consolidation focuses on working with the actual credit card companies to bring down the interest rate into a lower fixed rate. Lowering monthly payments is exactly what Debt Consolidation does it is very effective for people who are in debt from 2500 and up at a high interest rate. Do not wait and get started now!!!!
First Loan Choice is so confident on the service that we provide to our customers that we have no upfront fees. Contact us now 1866-978-6863, and get the burden of debt off your shoulders.
Debt Settlement actually entails the individual to become delinquent on monthly payments this causes credit scores to deter and then the settlement process begins. Unlike, debt consolidation, debt settlement actually lowers the actual amount of the debt owed, it functions more like a charge off.
FREQUENTLY ASKED QUESTIONS
Do you have a fee for your service?
No. Our service is 100% free!
Will this affect my credit?
Yes. The lenders do verify credit scores. That's why we're here. We'll provide the best loan option to fit your current situation without wasting your time with lenders we know will not approve.
If I choose to consolidate/settle my debt, do I have to close my credit card accounts?
Once you send back your application, we will let you know if any of these accounts need to close. But based on our experience, we request you close any credit account you choose to no longer use.
Where is your office located?
Coral Springs, FL
Why would I work with First Loan Choice vs. any other business lender offering me similar terms?
We have many differences that many other lenders cannot offer. Most lenders don't utilize experience and education when assisting with financing, they'd hire anyone who can read and write. First Loan Choice uses the strictest hiring process in order to bring the best agents to help the best people!
If you are looking for financing now, you may have come across agencies who "match" clients with loan options. The problem there is that you will NEVER speak with that agency again and therefore are back on your own looking for loans. We walk you right into funding! And yet other agencies are clever credit repair companies disguised as someone who can give you money. First Loan Choice is in the business of lending and LENDING ONLY! We'll tell you like it is and guide you in the right direction always!
How does First Loan Choice make money?
First Loan Choice, through years of experience and education in the loan industry, has its own premium network of lenders. These lenders all pay First Loan Choice a separate fee if you are approved and funded.
What are your interest rates?
Personal loans start at 5.9% APR. Business loans start at 1.12% factoring rates.
What is the maximum PERSONAL loan amount I can get now?
What was last year's income after taxes? (Usually you can get 50-60% of your income as long as you are NOT revolving any other loans)
What is the maximum BUSINESS loan amount I can get now?
What are your average monthly sales deposits? (On business loans, they can max at 125% of the client's monthly deposits as long as the business has no other revolving loans)
Our User Experience Speaks for Itslef - Rated Excellent on
January 8, 2016
Great Experience!! First Loan choice is the greatest!!
Andres was GREAT to work with, I was approved same day and working on fixing credit now too!!
December 4, 2015
First Loan Choice Is Great!
I enjoyed my experience with First Loan Choice, I was desperately in need of a loan and they provided me with everything I needed! Great company!
December 4, 2015
I was helped with all my needs and the customer service was great!
November 16, 2015
Very responsive and quick to action!
Communication was fast and courteous. They followed up to make sure everything worked out. I would recommend this is where you start.
Disclaimer: Debt Management services are solely provided by a tax identifiable nonprofit organization in which First Loan Choice is not or does NOT claim to be. First Loan Choice will assist clients with connecting to a nonprofit debt management firm. First Loan Choice works with attorneys for credit & debt settlement services. First Loan Choice is NOT or does NOT claim to be licensed attorneys or paralegals in any way. First Loan Choice is not a lending institution or does NOT claim to be. Not ALL loan options are solely provided by First Loan Choice and some lenders will refer client to additional financial assistance options. The Annual Percentage Rate or APR is predicated by a client's credit history as well as Debt to Income Ratio (DTI). First Loan Choice has no authority to "guarantee" loans in any way and are dictated by underwriters and direct lending institutions. Debt Services and Some Loan Services are not available in all 50 states. Contact a representative for exact information.