Debt Setlement Options- What program is best for you?
United States of America (Press Release) January 1, 2008 --
As it stands now, your looking into debt settlement options as a way to bring resolve to the mounting debt that seems to continue to grow. You keep the payments going to tht bank and you get deeper in debt. There is no better time than now to get the desired results you have been looking for. But what program is best for you? Let's look at the options that may or "may not" resolve the problem.
Credit counselors will attempt to lower your interest, yet collect a monthly fee each month and in addition ask for a fareshare contribution from the creditor. This is great for the bank and CCCS, but does not apply your money to your debt. In addition your credit report will show you have handed your accounts over to a third party.
With Fee based debt settlement, your going to pay about 15% of your total debt to the debt settlement company before you have anything going to the creditor. They also offer no guarantee of results, yet charge their fees upfront. This process is widspread in the industry but clearly does not seem to have the consumers best interest as the first priority.
Service based debt settlement has a clear process with all the guarantee you will ever need. First you pay 10-15% of the amount saved not the total amount of debt, and pay nothing to the settlement company till the job is done. This process is about 40% less than Fee Based debt settlement and has only the clients best interest in mind.
Starting your year off right, and taking the control back from the bank takes information. Don't let yourself be sold a debt settlement program. Do yoru homework and remember your looking for aggressive resolve. Taking control requires your best interest being the only optiong in debt settlement.
Credit counselors will attempt to lower your interest, yet collect a monthly fee each month and in addition ask for a fareshare contribution from the creditor. This is great for the bank and CCCS, but does not apply your money to your debt. In addition your credit report will show you have handed your accounts over to a third party.
With Fee based debt settlement, your going to pay about 15% of your total debt to the debt settlement company before you have anything going to the creditor. They also offer no guarantee of results, yet charge their fees upfront. This process is widspread in the industry but clearly does not seem to have the consumers best interest as the first priority.
Service based debt settlement has a clear process with all the guarantee you will ever need. First you pay 10-15% of the amount saved not the total amount of debt, and pay nothing to the settlement company till the job is done. This process is about 40% less than Fee Based debt settlement and has only the clients best interest in mind.
Starting your year off right, and taking the control back from the bank takes information. Don't let yourself be sold a debt settlement program. Do yoru homework and remember your looking for aggressive resolve. Taking control requires your best interest being the only optiong in debt settlement.
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