Comments on: Debt Settlement Services Under Scrutiny http://www.asapcreditcard.com/blog/credit-news/debt-settlement-services-under-scrutiny Credit Card Industry News, Information, Tips & Advice Sat, 11 Oct 2008 10:53:00 +0000 http://wordpress.org/?v=2.1.2 By: debtsettlement http://www.asapcreditcard.com/blog/credit-news/debt-settlement-services-under-scrutiny#comment-86 debtsettlement Sat, 19 Jan 2008 14:16:35 +0000 http://www.asapcreditcard.com/blog/credit-news/debt-settlement-services-under-scrutiny#comment-86 In the old days, we used to charge a very small retainer up front, but the main fee was based on a percentage of the savings achieved during the negotiation. So the fees were based on success, and did not interfere with the client's ability to accumulate funds for early settlements. Nowadays, it's a rare company that operates this way, and the result is that very few settlements take place during the first 12 months when clients are enrolled in a third-party debt settlement program. Skip the fees! Learn how to do this yourself. You'll be out of debt faster, and you'll have more control over the process. In the old days, we used to charge a very small retainer up front, but the main fee was based on a percentage of the savings achieved during the negotiation. So the fees were based on success, and did not interfere with the client’s ability to accumulate funds for early settlements.

Nowadays, it’s a rare company that operates this way, and the result is that very few settlements take place during the first 12 months when clients are enrolled in a third-party debt settlement program. Skip the fees! Learn how to do this yourself. You’ll be out of debt faster, and you’ll have more control over the process.

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