Käyttäjä:KidwellMclain342

If you are thinking about utilizing a debt consolidation or debt settlement service to obtain out of debt faster and save money on your own monthly payments, make sure you do your research before selecting a company. There are positively shams and scams out there.

First allow me to say that Debt solutions is *not* just like debt settlement/negotiation, which many people don't realize.

Debt settlement organizations charge hundreds of dollars being an initial "admin fee" to create your account, plus a monthly service fee. The fees vary with respect to the company and the level of the money you owe.

Such companies take your money every month, but don't make monthly payments to your creditors! Instead, they put it in a trust account, negotiate your debts with your creditors, then make a lump-sum payment when there is enough in your account to pay a creditor in full.

That can take *years* with regards to the amount of 123 debt soulutions ltd with each creditor. Meanwhile, you can be sued by your creditors and your wages can be garnished! (Or just don't make payments to your creditors. You'll end up in the exact same spot without paying someone to help you to get there! )