Get out of debt maze through debt settlement
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A beautiful presentation describing the process of debt settlement, check this to learn about debt settlement and follow to lead a debt free life.
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Get out of debt maze through debt settlement
- 1. Debtconsolidationcare(dot)Com Internet's first get-out-of-debt community 469,953 members
- 2. 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. You’re relieved to finally get out of the debt maze. Creditor is happy to receive payments.
- 3. Debtconsolidationcare(dot)Com 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.
- 4. Debtconsolidationcare(dot)Com Perks/Benefits Of Debt Settlement • You become debt free by paying less than what you owe • You’re able to avoid the horrible collection calls • You’re able to save dollars and boost your financial health • You get respite from the extra fees and penalties
- 5. Debtconsolidationcare(dot)Com Pitfalls/Drawbacks Of Debt Settlement • Your credit score tanks • You’ve to pay tax on the amount saved through settlement • You may still have to face court cases
- 6. 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
- 7. Debtconsolidationcare(dot)Com 3 Things settlement companies don’t 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
- 8. Debtconsolidationcare(dot)Com 5 Debt settlement myths busted • You can’t 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
- 9. Debtconsolidationcare(dot)Com 3 Things you should have to settle debts on your own Money Negotiation skills Debt settlement letter
- 10. Debtconsolidationcare(dot)Com 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 • Don’t reveal your bank account details • Review your credit report after settling debts
- 11. Debtconsolidationcare(dot)Com When debt settlement works best for you • You’ve 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
- 12. Debtconsolidationcare(dot)Com For more information: Contact us at 800-DEBT-913 Send mails at jason@debtconsolidationcare.com Find us on social networks: Facebook : http:facebook.com/debtconsolidationcare Twitter : http://twitter.com/debtcc Youtube : http://www.youtube.com/debtcc
- 13. Debtconsolidationcare(dot)Com Thank You