Debt settlement, also referred to as debt negotiation, means that your debt is negotiated down to a reduced amount and your account is settled in full; paid to a zero balance.
Debt settlement is the process of negotiating with your creditors to settle your debts for less than what you owe, typically for about half of [...]
I’m often asked, “How can I settle credit card debt myself?”
This is a great question.
There’s lots of info floating around about this; some good info mixed with some dangerously incomplete info… And watch out for all the bad and inaccurate info!
Here’s a quick step-by-step guide for you to accomplish your goal of settling credit card [...]
Jan 15, 09
January 6, 2009
Stephen J. Cole
President and CEO
Council of Better Business Bureaus, Inc.
4200 Wilson Boulevard, Suite 800
Arlington, VA 22203-1838
Dear Mr. Cole:
I write on behalf of The Association of Settlement Companies (TASC) regarding the Better Business Bureau’s policy on the rating of debt settlement companies. TASC is the predominant national association of settlement companies representing [...]
What is debt settlement?
Debt settlement is the process of negotiating with your creditors to settle your debt for less than what you owe. One thing you need to realize is that this program works best for people that are soon approaching or already in a financial hardship of some kind. You don’t have to wait [...]