If youre considering using debt settlement to help you pay off your credit cards, here are 5 tips to help you decide on a company to help you.
Keep in mind that hiring a debt settlement company is no different than hiring any business to perform a service for you so make sure you find the one that fits your needs the best. Not all debt settlement companies are the same. Like with any industry, there are good ones, and there are the rest.
Unfortunately, when it comes to settling credit card debts, you often hear more stories about people who complain than those who receive good service (and there are many).
How do you determine which settlement company will offer you the best service?
1) Shop around
When hiring a settlement company, you should contact at least 2-3 different businesses and compare the services and terms they offer. Not only will you find the best company to represent you, but you will learn a lot about how debt settlement works, and how it can help you.
2) Check with the BBB
While not everyone with a complaint contacts the Better Business Bureau (so a clean record may be misleading) if there are several unresolved...