What Debt Settlement Firm is For Me?
March 1, 2010
This economy has really turned some people to the dark side. As many individual’s are struggling to keep their families afloat, they are willing to go to all measures to make ends meet. There are quite a few fraudulent debt settlement companies in the country today that are taking advantage of their customers by charging outrageous fees and making promises that they can’t keep. In the end, the clients are usually in worse financial shape than when they entered the program.
As a consumer, you have so many options available to you!! Shouldn’t you be able to do a little research to pick the BEST debt negotiation company for you? There are a few guidelines that can help determine a legitimate debt negotiation and settlement company. ACCORD (The American Coalition of Companies Organized to Reduce Debt) is a non-profit agency that can help when searching for the proper company. Debt Settlement companies that are members of ACCORD have gone through screening processes that verify they are in the industry to help you, not to scam you.
You have the right as a consumer to ask about a company’s track record. What are the fees involved? What are the out of pocket costs? How long have you been in business? Some companies will try and dodge these questions by not giving you a black or white answer; in that case, run! The Debt Settlement Program has a Simple Plan that has NO UPFRONT FEES! Not only do they have an amazing track record, but they are there to settle debt, not take your money and run with it. When thinking about eliminating your unsecured debt, just do your research on the company first!
