| 1. Don't get driven by high pressure sales Internet | | | | reduction of somewhere up to 50% or more. If a |
| today is swamped with lucrative debt settlement | | | | debt consolidation company demands more than this, |
| offers that are quite confusing, and hard to believe. | | | | stay clear of them. It will be good if you shop around |
| The idea is to stay clear from debt settlement offers | | | | for the best debt settlement rates by comparing |
| that seem too good to be true. Researching for the | | | | various offers. |
| right offer and comparing various services offered by | | | | 4. The debt settlement company should be listed |
| debt settlement companies, will help you reach the | | | | with BBB. BBB stands for better business bureau. It |
| right debt settlement company. | | | | constantly scans various companies for business |
| 2. No upfront fees Stay clear of companies, ask for | | | | practices they follow and adopts only those who is |
| complete fees up-front. Look for a debt settlement | | | | ethically professional. By checking the BBB record of |
| company that takes fees on monthly to monthly | | | | a debt settlement company you can guess how |
| basis. Also, there should be no maintenance fees | | | | reliable it is. It will ensure that you are dealing with |
| associated with accounts. Although, it might seem | | | | right, honest and professional people. |
| difficult at first, in finding such agency but the effort | | | | 5. Get feedback: Ask for previous clients of a debt |
| will be worthwhile as the debt settlement company | | | | settlement company, and contact him if possible. |
| will indeed be reliable because it follows good business | | | | Lookout for friends, colleagues and associates who |
| practices. | | | | have undergone debt settlement in recent past, |
| 3. No, high percentage feesThe industry norm for | | | | know their experiences, this would help you gain a |
| debt settlement companies is somewhere between | | | | better insight into debt settlement process and might |
| 10%-20% of your debt. The debt settlement | | | | provide you something which could save a lot for |
| company will charge this to negotiate a debt burden | | | | you. |