Get out of debt maze through debt settlement

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Get out of debt maze through debt settlement

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Title: Get out of debt maze through debt settlement


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Debtconsolidationcare(dot)Com
  • Internet's first get-out-of-debt community
  • 469,953 members

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Debtconsolidationcare(dot)Com
  • Get out of debt maze through debt settlement

Debt settlement is a popular debt relief plan.
It helps you to pacify your creditors and solve
the debt riddle through a lumpsum payment.
You pay less than the outstanding balance. Youre
relieved to finally get out of the debt maze.
Creditor is happy to receive payments.
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Calculations
  • The total debt amount is 40,000.
  • You pay around 25,000 through a debt settlement
    plan.
  • Your total savings - 15000
  • Note The percentage varies from person to
    person.

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Debtconsolidationcare(dot)Com
  • Perks/Benefits Of Debt Settlement
  • You become debt free by paying less than
    what you owe
  • Youre able to avoid the horrible collection
    calls
  • Youre able to save dollars and boost your
    financial health
  • You get respite from the extra fees and
    penalties

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Pitfalls/Drawbacks Of Debt Settlement
  • Your credit score tanks
  • Youve to pay tax on the amount saved through
    settlement
  • You may still have to face court cases

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Debtconsolidationcare(dot)Com
Spot On Ways To Choose A Debt Settlement Company
  • Check out the company accreditation
  • Check if the debt negotiators are certified
  • Calculate the settlement expenses
  • Go through the written agreement
  • Find out if the company charges upfront fees
  • Check out the success rate of the company

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3 Things settlement companies dont tell you
  • Creditors are not bound to accept a program
  • Sometimes, debtors are able to get better deal by
    negotiating themselves
  • Debtors are not required to pay upfront fees

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5 Debt settlement myths busted
  • You cant settle debts yourself
  • All the companies offer similar kind of service
  • Debt settlement will help you solve your debt
    riddle quickly
  • Debt settlement increases your credit score
  • Debt settlement stops lawsuits

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3 Things you should have to settle debts on your
own
  • Money

Negotiation skills
Debt settlement letter
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6 Tips to settle debts on your own
  • Work on the delinquent debts
  • Explain your payment strategies
  • Speak graciously with the creditors
  • Negotiate till the creditor accepts your
    settlement request
  • Dont reveal your bank account details
  • Review your credit report after settling debts

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When debt settlement works best for you
  • Youve failed to get out of debt maze after
    repeated attempts
  • Creditors and debt collectors are making your
    life hell
  • Your credit score is falling rapidly

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Debtconsolidationcare(dot)Com
  • For more information
  • Contact us at 800-DEBT-913
  • Send mails at jason_at_debtconsolidationcare.com
  • Find us on social
    networks
  • Facebook httpfacebook.com/debtconsolidationcare
  • Twitter http//twitter.com/debtcc
  • Youtube http//www.youtube.com/debtcc

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Debtconsolidationcare(dot)Com
  • Thank You
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