Consolidating credit card debt com
You have to stop making payments because companies only settle delinquent debt.After a certain amount of time has passed – usually six months, but it depends on how much you owe and who you owe it to – the settlement company will begin negotiating with your creditors on your behalf.The representatives we spoke to were quick to reply and thoroughly explained the entire program to our secret shoppers.National Debt Relief provides all the forms necessary to notify your creditors you’ve entered a hardship program and gives you access to a client dashboard where you can get updates on how your settlement is proceeding.This settlement company assigns each customer a dedicated account representative.
The best debt settlement companies will recommend the ideal option for you.
We’ve been reviewing debt settlement for seven years.
For our most recent update we spent 80 hours researching the industry and reviewing individual companies.
Before entering a debt settlement program, you’ll want to weigh some of the drawbacks and advantages.
Pros: The fee you pay a debt relief company is a percentage of the debt you want it to settle for you.