What is the minimum amount to pay for professional settlement or consolidation?
It'll depend on what debt
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
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
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
Most companies charge 15-20
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.
