The quality of debt settlement in the past two years or so has been dramatically improved. Thanks to stringent new regulations put in place by the FTC. The bad actors basically gone, and settlement actually evolving into almost a mechanized science, there is really no reason why a consumer in financial trouble cannot reasonably choose this option to deal with their debt.
Of course, it is perfectly understandable for a consumer, even after due diligence, to begin such a program with some level of concern. I think it is called fear of the unknown.
The consumer has been most likely dealing with endless phone calls each day from less than friendly voices being driven crazy. Couple that with the fact that survival has become difficult because the consumers situation has somehow changed, and there is simply not enough money to live out each month any longer. And, because things have so badly fallen behind the credit score has dropped, so there is no way out of an emergency except through predatory pay day loan lenders.
When the debt settlement option comes along and all of a sudden that same consumer has an ally in the battle coupled with professional guidance and someone, preferably a good settlement attorney who is part of a bigger program, they begin to breathe again. When the program begins and they see that they are constantly contacted by a service representative or paralegal who is at there service to help with anything that comes up, the anxiety level begins to be lowered and as the first actual settlement occurs it lowers completely and the consumer can visualize an end in sight.
Yes, that end is a new beginning. Credit will now improve through a good credit restoration program. The onset of living a debt free life once again. The ability to think about a future both for the consumer and everyone else involved. Now, with proper guidance and budgeting the consumer smarter for the experience can move forward to a better life.
I do not think any further comments are necessary.
Feel free to contact me, if you need debt help.
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