Is Debt Trends A Legit Company

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We are NOT a debt settlement company. We are a referral company only. Monthly payments and balances are for illustration purposes only to demonstrate a typical debt situation. If you do enter into a debt settlement program REFERRED BY Debttrends, your program may last 12 to 60 months.…

A debt relief company asks for fees up front, before it settles any debts. The company guarantees it can eliminate your debt or reduce it by a particular amount in a set period of time. The company advises you to cut off communication with creditors.…

Oct 22, 2016 · The basic facts are these: Debt-settlement companies are very different from credit counseling companies, and the process is not for the faint of heart. A debt-settlement company will help you through the process negotiating down your total debt. To ……

Debt settlement companies are companies that say they can renegotiate, settle, or in some way change the terms of a person's debt to a creditor or debt collector. Dealing with debt settlement companies can be risky.…

Debt settlement, is also called debt negotiation or debt resolution. Settlements are negotiated with your unsecured creditors. Commonly, creditors agree to forgive a large part of what you owe. Settlements often are obtained that reduce the debt by 40% to 60% of ……

Debt settlement seeks to also make debt easier to handle by paying into one pot, rather than to multiple different creditors. However, it takes on your debt in a different way. Using a debt settlement company means you have a specialist who negotiates your debts for you, often reducing them significantly.…

Jun 16, 2017 · If a debt relief company tells you to pay before it does any work for you, it's a scam. If you send your money to a debt settlement company instead of your credit card company, you are taking a risk. The payment might not get to your credit card company on time.…

Apr 01, 2019 · The debt relief world can be a very confusing place, especially when people are in a seemingly desperate financial situation. With that in mind I would like to shed a little light on this industry and present: 1. Don’t research every option before hiring a debt settlement company…