Posted on
May 17, 2010
at
11:40 pm
Hi, I've seen some threads linked to settleonyourown.com, is that site any good?
Posted on
May 18, 2010
at
4:22 am
settleonyourown.com, is that site any good? - Hello, of course it is! Any site thateducates you as to how to solve your own debt issues is a good site :)
Posted on
May 18, 2010
at
6:14 am
Settleonyourown.com is for consumers that are skeptical about professional debt settlement. Especially as of late, as the debt settlement industry is being rocked by investigations and legal actions, causing many consumers to doubt its integrity. Just a note on that, those incidents are isolated, and should not be a reflection of the whole debt settlement industry. But as with all businesses, there would exist companies or entities that are not looking out for the consumers best interest, so consumers are advised to always be on the lookout.
Posted on
May 18, 2010
at
6:17 am
What are the instances that settleonyourown.com would be of use?
Posted on
May 18, 2010
at
6:33 am
settleonyourown.com would be very useful to consumers living in states that prohibit professional debt settlement. States like :::Giorgia/ Idaho/ Kansas/ Maine/ Mississippi/ Minnesota/ North and South Carolina/ Utah/ Wisconsin
Posted on
May 18, 2010
at
6:52 am
Right, and not only that settleonyourown.com would also benefit those who are working on a tight budget:
As mentioned previously, the difficult path is often the most rewarding and this is no more evident than in choosing debt settlement. Considering the fact that a reasonable fee charged by a debt settlement company is 15% of the amount you owe, the total fees for even the lowest total debts accepted in these programs is $1500, or six times higher than the fee for SettleOnYourOwn.com’s book. Keep in mind—the more you owe, the more you save by choosing to do it yourself! How much time will it take to do this? The amount of time it takes to settle your debts is significant. By our estimates, between the training, keeping track of your accounts, and the actual creditor negotiations, expect to put in at least 30 hours over the course of two years. Think that you should hire a professional instead? These companies charge upwards of $150 per hour for the typical client ($30,000 in debt at 15% of the debt amount) and that fee only increases as your debt amount does. Unless you’re wealthy, which chances are you are not, then settling on your own makes a lot of financial sense if you educate yourself about what to do. http://www.settleonyourown.com/can-i-settle-my-credit-card-debt.html
