Utilisateur:MeissnerPulley735

De Communautique.

If you're considering employing a debt consolidation or debt settlement service to help you get out of debt faster and save money on your own monthly payments, be sure you research your options before picking a company. You will find absolutely shams and scams out there.

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 organizations charge countless dollars as an initial "admin fee" to create your account, plus a monthly service fee. The fees vary depending on the company and the quantity of the money you owe.

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

That can simply take *years* depending on the amount of 123 debt soulutions ltd with each creditor. Meanwhile, you may be sued by your creditors and your wages may 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 get there! )