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Are you drowning in debt and thinking of settling your debts? It is easy to choose and call one of the reliable settlement companies to settle your debts and become debt free fast. However, you can decide to give it a try yourself if you have confidence. Many people avoid DIY settlement since they’re afraid to talk to the creditors and negotiate with banks. So, they prefer to opt for systematic guidance.
So, is DIY debt settlement right for me? Is this what you’re thinking about that how can you be sure?
Check out if you have that within you to opt for DIY debt settlement or enrolling in a settlement program is right for you.

Are you aware of the Statute of Limitations (SOL) on debts and other legal intricacies?

Explanation: Do you know what is SOL and the SOL on each of your debts?
 
 

Do you want to repay your debts fast?

Explanation: Do you want to repay your debts fast so that you can concentrate on saving and attaining financial goals?
 
 

Do you want creditors / collection agencies to stop calling you?

Explanation: Are creditors and collection agencies calling you for payments and you want to get rid of it as fast as you can?
 
 

Are you good at saving money all by yourself?

Explanation: Can you save what you want to?
 
 

Can you plan a realistic budget?

Explanation: Are you able to save at least 20% of your monthly paycheck every month?
 
 

Are you good at negotiating with others?

Explanation: Can you convince others easily? This is a prime requirement if you want to know, is DIY debt settlement right for you?
 
 

Are you good at managing documents and accounts?

Explanation: Do you have copies of every important financial transactions?
 
 

Are you looking for someone to guide you completely on your journey of debt repayment?

Explanation: Do you think it’ll be easier for you to repay debt if you get complete professional guidance?
 
 

Do you want guidance to decide how much to allot for debt payment every month?

Explanation: Can you decide how much you can save every month towards paying back debts?
 
 

Are you ready to pay the fees for professional guidance?

Explanation: Are you comfortable to pay the professional fees?
 
 

Do you lack motivation to pay all your debts?

Explanation: Can you motivate yourself to follow the budget and adjust your lifestyle till your repay your debts to the last cent?

0 Yeses – 0 Nos

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It's better if you enroll in a settlement program

Enrolling in a debt settlement program may help you get rid of your debt problems. You can get complete professional guidance to repay your debts just by making single monthly payments. Check out how much you can save by opting for debt settlement or you can call a debt counselor for free consultation at 800-DEBT-913.

You can settle your debts on your own.

Check out these debt settlement financial tools to help you with DIY settlement and solve your financial crisis on your own. You can also post your queries about settlement in the DebtCC Forums and get answers from industry experts.

Debt Settlement Calculator

Debt Settlement Calculator helps you to find out what amount you need to pay your creditor or collection agency in order to settle the debt you owe. All you need to do is, enter your outstanding balance on credit cards and installment loans. The Debt Settlement Calculator will determine the settled or reduced debt amount. It will also calculate how much you can save on your bills due to settlement.

DIY settlement content

Debt Settlement Calculator helps you to find out what amount you need to pay your creditor or collection agency in order to settle the debt you owe. All you need to do is, enter your outstanding balance on credit cards and installment loans. The Debt Settlement Calculator will determine the settled or reduced debt amount. It will also calculate how much you can save on your bills due to settlement.