How to get a professional and honest debt relief company and avoid the horrible feelings of being scammed and the horrors of continuing harassment calls, threats of lawsuits and piling up debts.
Today, millions of Americans entangled with their debts are thinking of trying debt consolidation, credit counseling or debt settlement in their quest for debt relief.
Many however ended up buried in deeper debts instead because they were defrauded by unscrupulous debt relief companies.
Before engaging any debt relief company, here are 7 suggestions that will help you in choosing which one to hire to avoid being scammed...
7 Suggested actions that will help you choose the best company 1.
Check information about the debt relief company you plan to hire through people who have dealt with that company.
They could be the best source of the information you need.
The only downside is if you do not know anyone who has experienced dealing with the said company.
2.
Ask if the company is willing to provide you the names of companies and individuals who had engaged their services, and their contact numbers.
If they are not willing to give you this kind of information, then it's time to look for another one who could help you get the debt relief you need.
3.
Verify with the Better Business Bureau.
However, some people claimed that checking with the bureau and finding no record of complaints against a certain company does not of itself ensure it is a good company.
4.
So, also check with the Online Business Bureau.
The Bureau was created in order to provide consumers who would like to know the legitimacy of a company and whether what it promised to deliver its consumers were fulfilled or not.
Being a member of the Bureau helps assure you that the company meets both.
5.
Ask if the debt relief company will require your approval of the final agreement and advise you on what is best to your unique situation before getting you to sign that final settlement agreement with your creditor.
If not, think twice because you might not get the debt relief you are seeking after all.
6.
If you are trying debt settlement as your option, ask if they will give a written money-back guarantee that the total amount you will pay to all your creditors including fees to be paid to that company will be much less than the total amount due upon entering the program.
7.
Ask if they can lend you a blank copy of the terms of agreement they provide their clients.
If they do, read everything, including the fine prints.
If you cannot understand any term in the agreement, let them explain to you or ask a lawyer.
Summary In determining which debt relief company to choose, one which not only suits your requirements but one which is professional and honest, here are some of the things you are suggested to do: 1.
Check information about the company through people who have dealt with the specific company.
2.
Read everything in the terms of agreement, including the fine prints before signing.
3.
Ask if the company is willing to provide you the names of companies and individuals who had engaged their services, and their contact numbers so you can check.
4.
Verify with the Better Business Bureau for complaints against the prospective company.
5.
Check whether the company is a member of the Online Business Bureau.
6.
Ask if the company will require your personal approval of the final agreement and advise you on what is best for your unique situation.
7.
Ask if the company is willing to give a written money-back guarantee, especially in the case of debt settlement.
The foregoing suggestions will help you a lot in your search for debt relief.
Today, millions of Americans entangled with their debts are thinking of trying debt consolidation, credit counseling or debt settlement in their quest for debt relief.
Many however ended up buried in deeper debts instead because they were defrauded by unscrupulous debt relief companies.
Before engaging any debt relief company, here are 7 suggestions that will help you in choosing which one to hire to avoid being scammed...
7 Suggested actions that will help you choose the best company 1.
Check information about the debt relief company you plan to hire through people who have dealt with that company.
They could be the best source of the information you need.
The only downside is if you do not know anyone who has experienced dealing with the said company.
2.
Ask if the company is willing to provide you the names of companies and individuals who had engaged their services, and their contact numbers.
If they are not willing to give you this kind of information, then it's time to look for another one who could help you get the debt relief you need.
3.
Verify with the Better Business Bureau.
However, some people claimed that checking with the bureau and finding no record of complaints against a certain company does not of itself ensure it is a good company.
4.
So, also check with the Online Business Bureau.
The Bureau was created in order to provide consumers who would like to know the legitimacy of a company and whether what it promised to deliver its consumers were fulfilled or not.
Being a member of the Bureau helps assure you that the company meets both.
5.
Ask if the debt relief company will require your approval of the final agreement and advise you on what is best to your unique situation before getting you to sign that final settlement agreement with your creditor.
If not, think twice because you might not get the debt relief you are seeking after all.
6.
If you are trying debt settlement as your option, ask if they will give a written money-back guarantee that the total amount you will pay to all your creditors including fees to be paid to that company will be much less than the total amount due upon entering the program.
7.
Ask if they can lend you a blank copy of the terms of agreement they provide their clients.
If they do, read everything, including the fine prints.
If you cannot understand any term in the agreement, let them explain to you or ask a lawyer.
Summary In determining which debt relief company to choose, one which not only suits your requirements but one which is professional and honest, here are some of the things you are suggested to do: 1.
Check information about the company through people who have dealt with the specific company.
2.
Read everything in the terms of agreement, including the fine prints before signing.
3.
Ask if the company is willing to provide you the names of companies and individuals who had engaged their services, and their contact numbers so you can check.
4.
Verify with the Better Business Bureau for complaints against the prospective company.
5.
Check whether the company is a member of the Online Business Bureau.
6.
Ask if the company will require your personal approval of the final agreement and advise you on what is best for your unique situation.
7.
Ask if the company is willing to give a written money-back guarantee, especially in the case of debt settlement.
The foregoing suggestions will help you a lot in your search for debt relief.
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