Review of DebtSettlementServices.com
It is a complicated matter to get one’s debts settled in time. Gaining the help of an expert is very useful to pay back your debts timely. DebtSettlementServices.com is one such company that assists its client in becoming debt free. The company provides debt services like debt consolidation, debt consultancy and debt management for its clients.
It is relatively a new company but has competent and experienced people working in it. This Los Angeles based company has great customer care services. They have resolved the debt of their customers in a relatively lesser amount of time than many other companies. They can help their customers save thousands of dollars by negotiating with their customer’s creditors or loan lenders. They offer debt relief services along with their debt counseling offerings. They also have staff members who are designated to counsel their customers to remain debt free after the resolution of their current debts.
Debt Settlement Plan
Debt Settlement Plan offered by the DebtSettlementServices.com is highly professional and is focused on keeping their clients happy, by negotiating with the lender or creditor to lower down the debt amount. Emphasis is made on reducing the interest rates by negotiating skillfully with the creditors. The debt return is usually consolidated in one monthly payment that is easy and affordable for the customers.
Most of the times, the debt monthly installment is about 45 – 65 % lower than what their customers usually pay. The reduction depends on the amount of debt and the negotiation with the client’s creditor.
The Plan usually takes about 12 – 36 months depending upon the total debt and the financial condition or position of the client.
How does the Debt Settlement work?
- After the client contacts, a representative from the company gets in touch immediately and get all sorts of information regarding the debt and the customer’s financial condition.
- This information is then forwarded to the company’s financial advisors who recommend a suitable plan for the client.
- After a plan has been decided for the client, the creditor information is given to the Negotiating officers who contact the creditor and start the negotiation process.
- Negotiation is done to reduce the interest rates and to lower down the debt about to as much as 60%.
- The debt return is consolidated into one easy monthly payment that is affordable and reasonable.
- Each month, the client deposits the payment into an account that has two parties, one the client and the other is Debt Settlement Services. Through debt settlement services, the payment is forwarded to the creditor with notifications of the transaction to the client as well as to the creditor. This ensures transparency, and strengthens the trust between the client and the company; the creditor also keeps a record of all the transactions.
Advantages For The Clients
The DebtSettlementServices.com benefits its clients in numerous ways. Few of the advantages are:-
1. To lower the debt amount by 45 to 65% depending on the debt amount.
2. To help the clients to get rid of the skyrocketing interest rates.
3. To make the life of the customers easy, by consolidating the debt payment into one easy payment, instead of several payments a month.
1726 Stoner Ave, Ste 101
Los Angeles, CA 90025