Posted on
July 15, 2009
at
2:13 am
kindly give referrals on debt settlement companies, preferably ones that are affiliated with the TASC.
Posted on
July 15, 2009
at
4:27 am
Well, you can actually find a list of their member companies on their website at http://www.tascsite.org. The directory is classified alphabetically by company name, so you won't have a hard time looking for a specific company in mind.
Posted on
July 15, 2009
at
5:14 am
TASC stands for the Association of Debt Settlement Companies. They are an umbrella organization composed of debt negotiation firms. They serve to lobby the companies' rights. They also function to promote fair and quality-driven practices among debt settlement firms.
Posted on
July 15, 2009
at
6:03 am
One thing I like abt TASC is that they're making things right and easier for everybody. Like just recently, they're working on a bill to be passed called the Debt Management Services Act, and their areas on concentration are CA and NY. The news report I dug up says there are also bills currently in progress in Nevada, Tennessee, and Texas.Learn more about it here: http://www.creditcardflyers.com/credit-card-news/2009/regulation-needed-for-debt-settlement-companies-say-tasc-424.php
Posted on
July 15, 2009
at
11:24 am
And you may want to supplement your search for TASC debt settlement companies by checking their Better Business Bureau profile as well. There you can see how many complaints have been filed against the company in the last 36 months.
Posted on
July 15, 2009
at
1:15 pm
So are TASC debt settlement companies regulated by TASC too?
Posted on
July 15, 2009
at
3:44 pm
From what I know the purpose of TASC is not to regulate debt settlement companies. Their function is not similar to the FTC for example. Rather, lobby on behalf of and set industry standards for debt settlement companies and all TASC members.
Posted on
July 15, 2009
at
9:01 pm
So if a compay is under TASC it doesn't necessarily mean that the BBB has a high rating of them. I see, it makes better sense to me now.
Posted on
July 16, 2009
at
4:50 am
i am curious though. does the government regulate TASC? who keeps tabs on TASC? and what specific standards do they follow?
