Ethical debt settlement companies outnumber the unethical ones yet it is the negative stories that always grab people's attention. Just like any other...
Ethical debt settlement companies outnumber the unethical ones yet it is the negative stories that always grab people's attention. Just like any other industry the debt industry has its share of scammers that will prey upon desperate consumers in order to make a quick buck. These companies are easy to identify if you are educated on the characteristics that all legitimate debt settlement companies will share. This article will help you find ethical debt settlement companies that will live up to their promises and should be able to eliminate at least 50% of your unsecured debt.
Make sure the debt company you are talking with is a member of The Association Of Settlement Companies. TASC is an independent regulatory agency of the debt settlement industry and qualifies companies based on their performance statistics and consumer feedback. They also perform an ethical review. If a company is a member TASC you can be assured that they are one of the better debt companies in the industry.
Ethical debt settlement companies will have a refund policy. First of all, you should never have to pay an upfront fee. If a company asks for an upfront fee it is a good sign that they might be a scam and you should look elsewhere as there are plenty of debt settlement companies that are performance based. You should not have to a single penny until the debt company can negotiate a settlement for an acceptable percentage.
You will want to read some reviews on the particular debt company that you are considering. Don't let one review sway your decision however if you can see a pattern of negative feedback it would probably be prudent to look elsewhere. If you cannot not find any feedback on the company it might mean that they are relatively new and you might want to find a more established company.
If you want to get out of debt and hire a debt settlement company for debt negotiation then I have an important piece of advice. Do Not go directly to a particular debt settlement company but rather first go to a debt relief network who is affiliated with several legitimate debt companies. In order to be in the debt relief network, the debt settlement companies must prove a track record of successfully negotiating and eliminating debt. They must also pass an ethical standards test. Going through a debt relief network will ensure that the debt company you are provided with is a legitimate and respected company. This is the most efficient way in finding the best debt settlement companies and increasing your chances of eliminating your debt.
FreeDebtSettlementAdvice.com is one of the largest and most respected debt relief networks on the marketplace today. To find a debt settlement company through FreeDebtSettlementAdvice.com check out the following link:
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