Why can't MyUSADebt Open a Savings Account Online for Me?

A - One of the key factors to this program's success is your savings, so any interest accrued will help to grow your savings and bring you that much closer to settling your outstanding accounts. If MyUSADebt were to open a savings account online for you, any interest accrued would come to us

Additionally, one of the key goals of this program (other than getting you out of debt) is to help you establish good financial habits. If you open a savings account online and put money into it monthly, it will eventually become a routine that will help you to continue saving money long after you have completed our Debt Reduction program.

Our Service vs Debt Consolidation

• Find Debt Reduction for Multiple Debts
  Debt consolidation using a personal loan offers consumers an effective way to eliminate multiple small debts, while consumers who do not want to apply for a loan can enroll in our service.
• Retirement Plan Loan or Debt Relief
  Debt consolidation with a retirement plan loan offers consumers several benefits to paying off debts, but our service may relieve debts with less risk to personal funds.
• Deciding Between Consolidation and Debt Reduction
  The first step in finding debt relief is deciding between debt consolidation and our service.
• Consumer Preference for Debt Relief
  Deciding on a debt-reduction method, such as our service or debt consolidation, depends on the consumer's preference. MyUSADebt agents work to reduce the consumer's principal amount of credit card debt, while a debt consolidation loan reduces the interest rate on the debt.
• Loans Are Not the Best Solution for Debt Relief
  Debt consolidation using a secured loan helps you manage multiple debts, but secured loans entail several risks, which you can evade with our service.