Користувач:SaraBridgers22

If you are thinking about employing a debt consolidation or debt settlement service to help you get out of debt faster and save money on your own monthly obligations, be sure you research your options before selecting a company. There are absolutely shams and scams on the market.

First let me say that Debt solutions is *not* the same as debt settlement/negotiation, which a lot of people don't realize.

Debt settlement companies charge hundreds of dollars as an initial "admin fee" to setup your account, along with a monthly service fee. The fees vary depending on the company and the quantity of your financial situation.

Such companies take your money each month, but do not make monthly payments to your creditors! Instead, they put it in a trust account, negotiate your debts along with your creditors, then create a lump-sum payment when there's enough in your account to pay a creditor completely.

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