Negotiate debt settlement arrangements with your creditors through the Debt Settlement App or Users Web Portal without paying
high debt settlement fees.
CFPB widens its debt settlement crackdown — The U.S. Consumer Financial Protection Bureau fined a service provider for handling
illegal debt settlement fees, marking an expansion in its crackdown on scammers... (See CFPB)
Debt settlement fees are pricey.
This cost savings achieved by not having to pay
a debt settlement fee, potentially enables them to settle their debts more quickly.
From the press release it sure appears you are still charging them your 15 % of
their debt settlement fee, now waving that would have been something to brag about, not this.
So, we were talking the first segment about Fred with his $ 40,000 worth of debt, so if Fred made a lump sum settlement then
the debt settlement fee on that $ 40,000 debt --
Debt arbitration companies should only collect
their debt settlement fee when debts are «paid off», and not up front.