Are debt settlement companies good?

Answer On One Hand: If You Can't Do It YourselfFor a fee debt settlement companies offer to negotiate with your creditors to decrease your balance and close the account. This process is something you can ... Read More »

Top Q&A For: Are debt settlement companies good

Can debt settlement companies be bad?

On One Hand: Debt Settlement Companies Can Be BadDebt settlement companies charge the consumer a lot of money, and there is no guarantee that they work. Debt settlement companies make it intentiona... Read More »

Are debt settlement companies legal?

On One Hand: Yes, they are legalYes, debt settlement companies are legitimate businesses. Instead of paying money to the credit card company, you take that payment and send it to the debt settlemen... Read More »

Do debt settlement companies work?

On One Hand: Debt Settlement WorksDebt settlement companies reduce debt by negotiating lower payments with your creditors and/or giving you a lower interest, long-term loan to cover the debt you ow... Read More »

How Safe Are Debt Settlement Companies?

If you are considering using a debt settlement company to help reduce your debts, proceed with caution. The methods some debt settlement companies use to lower balances are unethical and not safe f... Read More »