get out of debt maze through debt settlement
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A beautiful presentation describing the process of debt settlement, check this to learn about debt settlement and follow to lead a debt free life.TRANSCRIPT
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Get out of debt maze through debt settlementGet out of debt maze through debt settlement
Debt settlement is a popular debt relief plan. It helps you to pacify your creditors and solve the debt riddle through a lumpsum payment.
You pay less than the outstanding balance. You’re relieved to finally get out of the debt maze. Creditor is happy to receive payments.
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• The total debt amount is $40,000.
• You pay around $25,000 through a debt settlement plan.
• Your total savings - $15000 • Note: The percentage varies from person to
person.
CalculationsCalculations
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Perks/Benefits Of Debt SettlementPerks/Benefits Of Debt Settlement
• You become debt free by paying less than what you owe
• You’re able to avoid the horrible collection calls
• You’re able to save dollars and boost your financial health
• You get respite from the extra fees and penalties
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• Your credit score tanks • You’ve to pay tax on the amount
saved through settlement • You may still have to face court cases
Pitfalls/Drawbacks Of Debt SettlementPitfalls/Drawbacks Of Debt Settlement
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• Check out the company accreditation
• Check if the debt negotiators are certified
• Calculate the settlement expenses
• Go through the written agreement
• Find out if the company charges upfront fees
• Check out the success rate of the company
Spot On Ways To Choose A Debt Settlement Company Spot On Ways To Choose A Debt Settlement Company
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• Creditors are not bound to accept a program
• Sometimes, debtors are able to get better deal by negotiating themselves
• Debtors are not required to pay upfront fees
3 Things settlement companies don3 Things settlement companies don’’t tell yout tell you
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• You can’t settle debts yourself
• All the companies offer similar kind of service
• Debt settlement will help you solve your debt riddle quickly
• Debt settlement increases your credit score
• Debt settlement stops lawsuits
5 Debt settlement myths busted 5 Debt settlement myths busted
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Money
3 Things you should have to settle debts on your own 3 Things you should have to settle debts on your own
Negotiation skills Debt settlement letter
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• Work on the delinquent debts
• Explain your payment strategies
• Speak graciously with the creditors
• Negotiate till the creditor accepts your settlement request
• Don’t reveal your bank account details
• Review your credit report after settling debts
6 Tips to settle debts on your own 6 Tips to settle debts on your own
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• You’ve failed to get out of debt maze after repeated attempts
• Creditors and debt collectors are making your life hell
• Your credit score is falling rapidly
When debt settlement works best for you When debt settlement works best for you
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For more information: For more information:
Contact us at 800-DEBT-913 Contact us at 800-DEBT-913
Send mails at [email protected] mails at [email protected]
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Thank YouThank You