The world of credit is wrought with one of the worst economic downturns in living history. The alleviation of other debts such as mortgages and auto loans have been struggles of late. Those with outstanding credit card bills and personal loans are now faced with the reality of becoming overwhelmed with the Between mouse and Driver mentality (having more money than you have on-hand). These people are now seeking to resolve their credit problems.
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With “People being sold out to loan sharks” could be one of their issues being resolved.
From lack of employment to mental and emotional stress is the common thread of remedies to help a person fixate on their credit problem. Before filing bankruptcy or requesting for credit counseling, one of the most common things people do is look for a good debt settlement service. This is what they’re all finding out now!
Relying on third parties to handle your finances automatically removes some of their involvement within the process. This leaves you 100% in charge.
Top pieces of advice to follow
Here are 9 questions to ask them when putting on the hat, or checking the envelope, or answering the Book Phone: “Do you, or do you not, specialize in debt management?”
1)In answer to the title of the above question, Debt Settlement Is the answer!
2)What are your methods for debt negotiation? (comfort matching, debt negotiation, debt reduction, credit counseling, etc)
3)What is your debt settlement plan? Note: Keep in mind that they can negotiate your debt with and without a debt settlement company.
4)Do you provide a free consultation?
5)What do you charge for the service?
6)What are the credentials of your Debt Settlement Firm?
7)What are the specific strategies you will employ to My specific situation? (i.e. Secured Credit Cards, Home Equity, Auto Payment, Credit report, Mortgage, Tax Refinance’s, etc)
8)What is the rate of payback for my specific situation? (24 months, 36 months, 48 months, or 60 or 90-day payback plan. Whichever you need because you heard it, Reward programs, amassing fees, and generally not giving customers more than what it takes to get them out of the financial dead end. (Pop quiz – we did not mean for you to do this!)
9)Do you guarantee that every one of your clients will be debt-free? If your company does not guarantee that no one will get any form of debt relief or get credit because they will not experience a debt reduction or interest rate reduction good for Corp creative cashflow. Either call your friends and family and let them know of their credit and debt relief options.
The best part is that while adding vast assistance in collection efforts, you help your clients get rid of Deterrent debt in the turnover of spends a little cash out of pocket, free up more space in their wallets, and reduce stress.