It'll depend on what debt
management company you're hiring. Each and every Debt management company
with analyze your financial status, your debts, everything. After that
they will suggest you a monthly repayment plan. If the amount suits you,
go for it. If not, ask them to negotiate more and provide you a good
settlement offer.
It is usually a percentage of
your debts they'll work on. However, they can't charge anything without
providing you with any professional help or settlement.
Most companies charge 15-20
percent and requires a trust account. settlebankdebt charges less than
ten percent and no trust account. I explored many options and that
company was the most transparent and I had 70K in debt and paid less
than 25K with fees
Sub: #3 posted on Wed, 10/18/2017 - 09:40
Unregistered
Most companies
charge 15-20 percent and requires a trust account. settlebankdebt
charges less than ten percent and no trust account. I explored many
options and that company was the most transparent and I had 70K in debt
and paid less than 25K with fees
True.
You have to make a monthly payment to the consolidation company on the
basis of the negotiated amount to the consolidation company. The
consolidation company can give you a better idea.
![DebtConsolidationCare [A+ on BBB] Logo](/sites/www.debtconsolidationcare.com/themes/bootstrap_forums_subtheme/forums/images/dtcc-logo.png){kind=logo}
Sub: #1 posted on Fri, 10/06/2017 - 06:02
(Posts: 331 | Credits: 32.8)
Sub: #2 posted on Mon, 10/09/2017 - 03:58
Industry Expert
(Posts: 2670 | Credits: 372)
Sub: #3 posted on Wed, 10/18/2017 - 09:40
True.
You have to make a monthly payment to the consolidation company on the basis of the negotiated amount to the consolidation company. The consolidation company can give you a better idea.
Sub: #4 posted on Fri, 10/20/2017 - 05:20
(Posts: 667 | Credits: 98.88)