You should
avoid any debt settlement company who pushes you into signing up for a settlement program before they've taken time to decide whether that's right for you.
Not exact matches
Some
debt settlement programs may still charge an upfront fee, and those
companies should be
avoided.
Debt settlement companies to
avoid: Read the rest of this entry»
If successful, you
avoid paying exorbitant fees to a
debt settlement company or becoming the victim of a scam.
Unless you are willing to attempt to settle your
debts on your own, it will be difficult to
avoid paying a
debt settlement company a fee prior to seeing any results.
The attraction of the ability to pay less than you owe and
avoid bankruptcy is HUGE and allowed
settlement companies to charge large fees and encouraged sales people to make claims and promises for
debt settlement that could not be fulfilled.
Consequently, a credit card
company can
avoid such a situation by accepting a
settlement amount and at least benefit from a percentage of the outstanding
debt paid by the debtor.
Again, I'm a proud owner of a
debt settlement company and I'm saying straight from my mouth that
debt settlement programs that are projected to take longer than 24 months should be
avoided.
Here is a recent
debt settlement company trade association presentation from The Association of Settlement Companies (TASC) that appears to suggest to TASC members to consider circumventing new consumer protection rules to come from the FTC by avoiding traditional phone lines, moving operations offshore like gambling and payday operations, and selling discounted medical & health products with the debt settle
settlement company trade association presentation from The Association of
Settlement Companies (TASC) that appears to suggest to TASC members to consider circumventing new consumer protection rules to come from the FTC by avoiding traditional phone lines, moving operations offshore like gambling and payday operations, and selling discounted medical & health products with the debt settle
Settlement Companies (TASC) that appears to suggest to TASC members to consider circumventing new consumer protection rules to come from the FTC by
avoiding traditional phone lines, moving operations offshore like gambling and payday operations, and selling discounted medical & health products with the
debt settlementsettlement sale.
Debt settlement companies feed off this fear by placing ads claiming to be able to settle their
debts for pennies on the dollar, while
avoiding bankruptcy.