The
use of debt settlement services will likely adversely affect your creditworthiness, may result in you being subject to collections or being sued by creditors or collectors and may increase the outstanding balances of your enrolled accounts due to the accrual of fees and interest.
When you're so deep in debt that you can't see any way out and you've got debt recovery agents breathing down your neck, these
kinds of debt settlement services sound pretty appealing.
«Because the FTC rule is grounded in its authority to regulate telephone sales... it does not apply to a
sale of debt settlement services where «payment is not required until after a face to face meeting.»
The
use of debt settlement services will likely adversely affect your creditworthiness, may result in a person being subject to collections or being sued by creditors or collectors and may increase the outstanding balances of your enrolled accounts due to the accrual of fees and interest.