Are Debt Relief Agencies Good?

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Are Debt Relief Agencies Good?

itiswell Rep Points:

Posted on September 8, 2009 at 4:43 am

i have a debt amount that is very high indeed and i need help regarding the situation, i want to know if i can trust debt relief agencies in taking care of my debts and if they cna rectify the situation at hand

CheetosLover Rep Points:

Posted on September 8, 2009 at 6:40 am

Debt relief agencies are good in the sense that they can contribute to your credit health by helping you get out of debt. Debt settlement companies for example are able to negotiate with creditors by allowing you to pay a lesser amount than the total amount due. The remainder of the amount is forgiven and the debt will be considered as settled.

Lurker (Guest) Rep Points:

Posted on September 8, 2009 at 7:49 am

Are debt relief agencies good?Depending on the ones that you work with and the standards that they comply with,