Debt Settlement Companies - Any Way To Get A Decent Debt Settlement Company?
As consumer debt is getting out of control, debt relief is fast becoming a major problem for many Americans.
In 1999 the United States alone valued about $ 1.1 billion on credit card purchases. In 2001, the U.S. credit card debt rose to about 690 billion dollars. Consumers need to understand the gravity of the situation and turn to a Debt Settlement company for a resolution of the issue.
Hector Milla Editor of the “Best Debt Settlement Companies” website -- http://www.bestdebtsettlementcompanies.org -- pointed out;
“There are certainly ways to determine if the chosen debt settlement company is trusted and reliable, the best way to explain it is through question and answers that must be used as a check list before going with any service …”
Be sure then to first ask these questions before applying with a debt settlement company:
* Is the debt settlement company you are considering, the Association of Settlement Companies (Tasca) accredited?
Tasca Accreditation reduces risk for consumers as the company has been evaluated by a third party for competence and performance.
* What does it cost for the service?
If you can not afford the program anyway do not join, but if you are able to discern your monthly payments and are comfortable with it then go ahead. A debt settlement is a great way to trash credit card debt
* Does the company provide any kind of warranty?
If so, what is the warranty? If a company cannot settle your debt, you should never pay fee or must request a refund.
* Is the debt settlement companies having IAPDA certified debt arbitrators?
IAPDA certified debt arbitrators have a sound knowledge of legislation for the settlement of the claims of industry and understand your current financial needs.
* Does the debt settlement you are going with offer any kind of assistance in avoiding bankruptcy?
Keep this in mind when giving the final nod to the situation.
* Is the debt settlement company belonging to local Chamber of Commerce?
If so this is the right one for you. This kind of accreditation ensures that the company is working in a proper manner.
* Is the company a member of the Better Business Bureau?
This could be a good indicator of the services provided by certain firms, if a company has several complaints reported by the Better Business Bureau, it could certainly be a warning sign.
Besides the aforementioned question and answers check list H. Milla added “… The best way is to look around the internet and shop a while before you settle with a firm to pull you finally out of your debt, it is time very well invested …”
Further information about how to settle debt the right way and recommendations about trusted and reliable debt settlement companies by visiting: http://www.bestdebtsettlementcompanies.org
- Contact Information
- Hector Milla
- Best Debt Settlement Companies
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