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Lynx Financials has been helping thousands of consumers daily with financial services since 2014. Our financial programs have been proven to work and help people all around the country.
Our services in include our Loan Programs, Debt Program and Credit Repair Program.
We prides ourselves on providing reliable and trustworthy financial services that help our customer base reach get the services.
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Debt consolidation is a debt management strategy where you combine multiple debts into a single payment. When you use this method, you may be able to simplify your payment schedule and get a lower interest rate than you’re currently paying on your debts.
Dealing with multiple personal debts might feel a lot like playing whack-a-mole – different bills with different due dates, minimum balances and late fines and penalties. Just when you’ve sent in one payment, another bill pops up. It’s easy to see how people get behind when repaying multiple debts overwhelms them. Debt consolidation can help by essentially rolling all your debt payments, like credit card bills, into one with a single due date and a fixed interest rate that is typically lower, depending on your credit score. Sounds easy right? While debt consolidation does provide a bevy of benefits, it does have its pitfalls if one isn’t careful.
If you owe more than $5,000 in credit card debt spread over many different cards, debt consolidation could make it easier for you to make a single payment each month instead of worrying about organizing your bills and paying each one on time. But don’t fret, we here at LynxFinancials got your back! Continue reading our guide on consolidating debt to learn the in’s and out’s of debt consolidation!
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Since the early 2000’s, payday loans, otherwise known as bad credit loans, have been a controversial topic for everyone. While a lot of people do not agree with the loans, and think it’s digging people further into debt, some people simply don’t have any other options. So why do so many people turn to payday…
This year has been a roller coaster economically for the world. It has shown us that we need to be prepared for anything. Unfortunately, debt is something in reality to worry about as well. With unemployment at it’s highest it’s been in decades, it forces a rising amount of citizens to use their credit cards…
U.S. Rise in Debt In 2019, we experienced a high volume of consumers with high amounts of Credit Card Debt (over $10,000). We also experienced something similar to to 2008 financial crisis in terms of the amount of debt that has been piling up. 2020 is now continuing this pattern, with the shutdowns across the…
