Posted on November 8, 2009 at 8:38 pm I have received communication on Debt Care USA Inc, saying that they can get my debt taken care of. Is this any true? Can anyone help me out with this? Thanks much

Posted on November 8, 2009 at 9:06 pm Hi, Stormynomore!Debt Care USA Inc is a BBB-accredited debt settlement company. They have received an A rating from the Bureau, and have received six complaints within the past three years. All of these complaints have been resolved, according to the website.

Posted on November 8, 2009 at 11:09 pm Is Debt Care USA Inc a non-profit company? How much do they charge for their services?

Posted on November 8, 2009 at 11:44 pm I believe that Debt Care USA Inc, much like other legitimate for-profit debt settlement companies, charges 15% of the consumer's total debt amount to their clients. Just so you know, there aren't any non-profit debt settlement companies. If you do however encounter a company that claims they are, chances are, they're a scam. I'd suggest for you to look elsewhere.

Posted on November 9, 2009 at 1:17 am If you also need further help on your debt situation, what you can do is log on to DestroyDebt.com. You can fill out a form on the main page, and you'll be assisted by a qualified provider from there.

Posted on February 8, 2010 at 2:58 pm I joined Debt Care USA's program and I canceled after they did not do anything they said they were going.  I canceled on the phone and sent a letter and they still took money out of my account. I want to let everyone know that they will promise the world to get you to join and then don't do anything.

Posted on February 17, 2010 at 7:51 am Debt is not something that can be fixed over night it took you years to mess it up. but if it takes several months to fix than don't complain about it. I have been doing business with debt care USA for several years i was over 500,000 in debt... no thanks to the housing market crash here in California... but all the same they have been doing a wonderful job of fixing my credit. My rep was George Beck.  he explained everything to me clearly and has delivered on every promise he has made. they do not charge you a fee they charge it to the original creditor. Let's say you owe $1,000 to Chase bank. they bill you for 55% of the balance. which most collection agencies will settle out at after extensive negotiations. but debt care USA will push further and settle out for lets say 40% leaving a 15% differance which then becomes there cut of the deal... to have my debt gone. it was worth it. and since they sent out all the paperwork, made all the calls, put in the time and so forth I felt they earned there little 15%. I will most deffinatly be referring business to Debt care USA.

Posted on February 17, 2010 at 8:16 am or you could go get an associates degree in law and just call all your creditors yourself, fight with them on the phone for the next 12 months, send out all the required legal paper work, go before a judge and maybe, just maybe settle out your debt for 80%....   I am just saying it's your choice.... Remember it's your fault your in this situation. you technically owe your original creditor 100% of the balance. IF you can get anything less than you are really lucky . but hey isn't luck what got you into this situation in the first place. hmmmm.. I am to busy trying to get my life back on track to deal with all this credit BS. but i want to get it fixed and get my life back on track. I would be happy to pay them 25% of the debt just to get rid of it and not deal with it anymore. the endless calls, being lied to by collection companies saying they will take me to court, and other BS... it's not worth the trouble people. I actually work for a 3rd party debt collections company called Redline Recovery Services  I collect Chase and American Express I use to work for LTD Collections and honestly I would rather work with a Debt consultation company, which I do work with them everyday settleing debt for smart people... than some idiot who has no clue what he is doing to himself or his credit by trying to negotiate over the phone. we are paid hourly to fight, argue,and negotiate you to pay the max amount as fast as possible. We are trained to be the best negotiators. remember we collect debt and negotiate 24/7 365 days a year. we are trained in the FDCPA laws and know every way how to Fuck you over if you do not pay the full 100% of the balance. Debt settlement companies such as Debt care USA. fight on your behalf and they submit the proper forms and documentation to get the debt settled out at pennies on the dollar. Just do yourself a favor, Call A debt settlement company save us all the trouble.

Posted on February 18, 2010 at 4:10 am Hi all!

How debt settlement works, how it affects credit scores

Paying a percentage of what you owe rather than the full amount is called a debt settlement. There are many different companies offering debt settlement services today. Some are more reputable than others. When you settle a debt for less than is owed, your credit history will take a severe beating. If you are already more than 90 days late in making payments on your credit cards -- which I hope you're not -- then going the debt settlement route will probably not cause your credit score to get much worse.However, if you are current on your accounts now, settling your debt will make your credit history much, much worse. The reason is because a creditor is only willing to settle a debt for less than the full amount owed, when they believe collecting part of the debt is better than collecting nothing at all. When you are current with payments, the creditor has no reason to believe they will not be able to collect the full amount, and they are very unlikely to consider settling your account.Debt settlement companies generally collect a monthly amount from you that you can afford to pay in addition to an initial enrollment fee. Rather than dispersing your payments to your creditors, they hold on to the payments for at least three to six months, depending on your circumstances. Next, they try and negotiate with your creditors on your behalf to settle the account. Keep in mind, you are making monthly payments to the settlement company, but nothing is being paid to your creditors, and you will still be receiving the collection calls from the people you owe.Making no payments to your creditors is reported to the credit bureaus, and your credit score will tumble quickly. Once the creditor has agreed to a settlement amount and your account is settled, that will also be reported to the credit bureaus. Although the account will be marked paid, it will be not be marked paid-as-agreed, which is how you want any account that has a negative listing to be resolved.Ronwww.settlementbranch.info