debt settlemebt company

Charges for debt settlement depend on the company and for most debt settlement companies, the amount of your debt and the number of creditors you have.

Have you tried negotiating the settlements yourself? You can save a ton of money that way.

You are going to want to go with a debt settlement company that does not charge any upfront fees to work for you. You also want to be with a company rated by the Better Business Bureau and accreditted by The Association of Settlement Companies (TASC). Our fee here at Rapid Debt Settlement is included in the 55% we promise to settle for. That 15% fee is collected over the first two years of the program to ensure customer satisfaction. Feel free to email me at [EMAIL="bshannon@rapiddebtsettlement.com"]bshannon@rapiddebtsettlement.com[/EMAIL] with any further questions. We have found that negotiating credit card debt yourself is a very long uphill battle which usually winds up unsuccessful. Our debt negotiation team has over 200 years of experience collectively and have existing relationships with your creditors to get you the best settlement possible.

Many settlement companies will charge you 15-20% of the debt that you enroll with them, and that amount will usually be paid up-front, over the course of the first 3-6 months. I know there are some companies that are changing the way they structure their fees, and charging only $100-$300 up-front, then charging a "success fee" on each account settled (typically 25% of the amount saved). Or, as SOAPLADY stated, you can look into settling yourself, the company I work for teaches you how to do that without the outrageous fees. The internet has a wealth of information also, just be wary of the source.