What Are the Drawbacks to Debt Settlement Programs?
Of course, nothing is perfect, there are problems with debt settlement programs. Often debt settlement information is provided by salespeople who make it sound too good to be true for many people in...
View ArticleHow Do I Pay Bills With Debt Settlement Programs?
When using debt settlement programs to reduce the amount of debt you owe, you will pay the bills that qualify for the program to the settlement company, not your creditors (as you’d usually do). A...
View Articlewhy do debt settlement companies want give you a longer period of time to pay...
Debt settlement company programs are much shorter than 84 months. They are under 3 years. You may have them confused with a debt management program which is typically a 5-7 year program. Debt...
View ArticleHello, I have $60,000 of credit card and unsecured debt. I have talked with a...
Hello, thank you for the question. Yes, the process you describe is standard for debt settlement. Some companies will actually set up a separate “bank” account for you (often called a trust account)...
View ArticleWhat Are the Drawbacks to Debt Settlement Programs?
Of course, nothing is perfect, there are problems with debt settlement programs. Often debt settlement information is provided by salespeople who make it sound too good to be true for many people in...
View ArticleHow Do I Pay Bills With Debt Settlement Programs?
When using debt settlement programs to reduce the amount of debt you owe, you will pay the bills that qualify for the program to the settlement company, not your creditors (as you’d usually do). A...
View Articlewhy do debt settlement companies want give you a longer period of time to pay...
Debt settlement company programs are much shorter than 84 months. They are under 3 years. You may have them confused with a debt management program which is typically a 5-7 year program. Debt...
View ArticleHello, I have $60,000 of credit card and unsecured debt. I have talked with a...
Hello, thank you for the question. Yes, the process you describe is standard for debt settlement. Some companies will actually set up a separate “bank” account for you (often called a trust account)...
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