Sentences with phrase «of debt relief companies»

There's another breed of debt relief companies you may encounter as you're trying to figure out what to do about your debt — debt negotiation companies.

However, with millions of student loan borrowers in distress and thousands of debt relief companies looking to profit from their pain, this problem can not be solved by law enforcement alone.

There are a lot of debt relief companies promising to help people get out of debt via debt settlement, a method of negotiating with creditors to reduce the amount you have to repay.

There is a fundamental flaw in the tug - of - war between the goals of the consumer and the goals of the debt relief company.

For some time the esoteric argument of debt relief companies putting debt outside the statute of...

For some time the esoteric argument of debt relief companies putting debt outside the statute of limitations in a credit counseling or debt settlement program, has been bantered about.

Some of the offerings of debt relief companies are help with getting a second mortgage, refinance, home equity loan, etc. on your home to help consolidate debt into a lower interest loan, in addition some of them will even provide credit counseling and actually negotiate lower payments with your debtors.

The BBB received several complaints about Debt Free Angels, including some from clients who didn't feel they got their money's worth, having paid fees based on the amount of debt relief the company claimed to have obtained on their behalf.

Despite the fact that borrowers can apply for these programs on their own, their existence has spawned a cottage industry of debt relief companies that make money by promising to help student loan borrowers access them.

Your state's Attorney General should have a list of debt relief companies that have received numerous complaints.

Debt relief companies can not guarantee you a certain percentage of savings because every person's situation is different — so be wary of any debt relief company that promises you a huge percentage of debt relief.

The proposed amendments contained in § 310 (a)(2)(x) make it an unfair and deceptive trade practice for a debt relief company to misrepresent any material aspect of its services including, but not limited to, the time it will take for the debt relief company to settle the consumers» debts, the cost of the services, the impact on a consumers» creditworthiness, the debt relief company's prior success rates, and the status of the debt relief company (i.e., as a non-profit).

I. Quality of the agency — One of the foremost things you should know while shopping around for a suitable debt consolidation program is the service quality of a debt relief company.