Hawkeye Associates Review: It’s a Debt Consolidation Scam


Hawkeye Associates wants you to believe that they are offering loans with an APR as low as 3.02%. They started flooding the market with debt consolidation and credit card relief offers. The problem is, the terms and conditions are confusing, to say the least, and possibly even suspect. Do you think your approval comes in at 3.02%?

The interest rates are so low that you will need to have near perfect credit to be approved for any of the Hawkeye Associates Debt Consolidation Loans.

Crixeo, the personal finance review site, conducted a Hawkeye Associates review, Yellowhammer Partners, Big Apple Associates, Cornhusker Advisors, Badger Advisors, Rockville Advisors, Snowbird Partners, Gulf Street Advisors, Brice Capital, Johnson Funding, Taft Financial, Polo Funding, Jackson Funding, Dune Ventures, Braidwood Capital, Tiffany Funding, Nickel Advisors, Coral Funding , Neon Funding, Polk Partners, Ladder Advisors (also known as Carina Advisors, Corey Advisors, Pennon Partners, Jayhawk Advisors, Clay Advisors, Colony Associates and Pine Advisors, etc.).

Are you counting on credit card relief to get you through tough economic times? If this is the case, you risk accumulating high debts that will be difficult to repay. You need to stop relying on credit cards immediately and look for better solutions.

The covid-19 epidemic took its toll on the economy and many people lost their businesses and jobs in the chaos that followed. Many people cannot return to work because of the lockouts.

Even where the locks have been lifted, there is an atmosphere of fear, as going to work outside increases the risk of infection. It looks like covid-19 is here to stay for at least several months and won’t go away anytime soon. So, you will have to look for better ways to support your household rather than relying on credit cards.

Why trusting credit cards is bad

You may have heard that banks and lenders are more lenient than usual by offering concessions and favorable terms to those who are struggling to repay their debts. In most cases, these concessions concern the extension of the payment period and the reduction of the interest rate. You should be aware that card issuers do not waive principal amount or interest incurred before requesting concessions.

You may incur a lower interest rate as a result of the concession or your payment due date may be extended, but you will have to pay your debts in full. Therefore, relying on credit card refinancing for success is never a good idea. Your card companies may soon be demanding refunds. If you are unable to repay, you may have to file for bankruptcy which will remain on your credit report for years.

Instead of relying on credit cards, you need to look for other ways out of the mess. First, you need to check what measures your credit card issuers are offering as relief and concessions for debt-burdened customers. Chances are, your credit card issuers will lower interest rates for those who are having trouble paying off their debts.

Instead of relying on credit cards, you should stop using them and immediately apply for such favorable terms. By lowering the interest rate, you will save a lot of money that you will otherwise owe. You can also benefit from other advantages such as extended deadlines.

Rather than relying on credit cards or debt consolidation, you should see if you qualify for stimulus checks and other benefit plans. You should also contact your employer to find out if they offer benefits to staff who cannot work. There is nothing wrong with knowing and discovering. You never know what you might find out. Hence, it is better to look for other opportunities instead of relying on credit cards.

In the United States, states order lenders and credit card issuers to delay payments. However, just because credit card issuers won’t require payment now, doesn’t mean they won’t ask later when they’re allowed to do so. Deferral does not mean forgiveness. It is therefore unwise to rely on credit cards to weather the crisis.


If your situation is too serious, you may need to file for bankruptcy. However, this is the most extreme option and the last resort. It would help if you exhaust all other avenues before resorting to filing for bankruptcy.

While bankruptcy might seem like a nightmare under normal circumstances, you may not have any other choice under the current circumstances. It would help if you spoke to your financial advisor to determine whether or not it is better to go bankrupt than relying on credit cards. Bankruptcy can be something you may not be able to put off any longer. After a certain period of time, credit card issuers can come to you and demand payment.

Avoid relying on credit cards

A crucial fact that you should keep in mind when relying on your credit cards is that various states have so far ordered lenders and credit card companies to forbear. In other words, the governors ordered credit agencies and lenders to extend payment terms. So far, there has not been a single order regarding the cancellation of the debt. Given the nature of the governor’s orders seen so far, it seems unlikely that pressure will be placed on lenders and credit agencies to write off debt. Therefore, relying on credit cards is not sustainable in the long run because none of your debts will be canceled.

So, whatever debt you have accumulated to date by relying on credit cards, everything has to be paid off later. Better to stop relying on credit cards than to fall into a huge debt trap and watch interest grow exponentially.

Instead of relying on credit cards, you should look to your friends and family for financial support. While it may seem unworthy to plead for funds with friends and family, it can be a lot better than racking up credit card debt. You will of course have to explain to your future benefactor that you will be able to pay once the economic situation improves and you get back to your job.

You will have to say that the only reason you are borrowing is because you have lost your income stream due to the current COVID-19 pandemic. As the situation improves and jobs are created, you will do your best to find one and make paying off the loan your priority.

To further reduce reliance on revolving debt, you will need to take steps to reduce your spending. Considering the seriousness of the financial situation for you, you should waive all entertainment expenses. Whenever possible, you should cook your food instead of eating out and look for cheaper alternatives. You may also need to take strict action like canceling certain subscriptions in favor of profitable options.

It might seem difficult now, but whatever steps you take to reduce credit card use will soon benefit you because you will have a smaller balance to pay off.

Posted on April 23, 2021


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