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Perils of Debt Help

Wittten by Greg Pesetsky on October 6th, 2011 | Filed under: Uncategorized

The dangerous world of debt help

It seems as if the more time passes, the less shame people feel in ripping off unsuspecting, vulnerable people. The same can be said for the field of debt help. The number of scams currently out there preying on those having trouble keeping up with their bills are astronomical. What’s worse is that the number is growing. Firms that do business in a respectable manner and who are in it for the betterment of their clientele are grossly outnumbered by those that are more interested in improving their bottom line and cutting every corner to make it to the top. We got into the business to make your life easier. That’s why we find it useful to make you aware of the most common types of scams you’d be likely to encounter if you’d be left to your own devices in this crazy and dangerous playing field.

The tactics

No delivery – Maybe the most common of all rip-offs in this industry is that of not delivering on promises. Anyone can come up to you and tell you that they can help you become debt free in an hour. Getting that done is another matter entirely. What you should learn from this is to beware of offers that sound good to be true, especially when the company doesn’t have the history or statistics to back their statements up.

Dine and dash – Because of the inherent structure of the process, many black hat groups exploit unwitting debtors by pushing their charges up front and fleeing from the scene soon thereafter never to be heard from again. As outrageous as it sounds, this kind of thing happens all the time and thousands of people fall prey to it every year. What results is a group of people who are far worse of than they were just days or weeks before and with no recourse for getting out of the sticky situation they have been pushed into. The lesson to be learned from this scam is to be weary of companies that insist on high upfront costs. In the debt world, that is usually a sign of some trouble.

Infection – Maybe the scariest thing about getting debt help is that you are trusting a group of people that you most likely aren’t familiar with when it comes to your personal financial details. Much like identity thieves, many con-artists are out there waiting to make a living off of inside knowledge of your financial and personal life. It’s imperative that you stay vigilant with regards to your privacy.

Pull through this with debt help

We know these can be some very trying times, but you have the ability to pull through them. We have the resources and the experience to help make sure that you find your way back to where you want to be. We offer a variety of debt relief help services, and we’d be happy to help you find which is right for you. It’s a dangerous world out there. It’s important to find someone you can trust.

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*Clients who are able to stay with the program and get all their debt settled, have realized average savings of 60% before fees, or 45% including our fees, over 24 to 60 months. Including clients who have not completed the program, our clients saved on average 42% before fees, or 27% including our fees over 24 to 60 months. Not all clients complete our program for various reasons, including their ability to save sufficient funds. Estimates based on prior results, which will vary based on specific circumstances. Settlement results shown reflect actual settlements negotiated with our clients' creditors on enrolled balances and do not include 20% administration fee. These statements and case studies are examples of past performance and are not intended to be a guarantee of any future settlement results. We do not guarantee that your debts or monthly payments will be lowered by a specific amount or percentage, or that you will be debt-free within a specific period of time. We do not assume consumer debt, make monthly payments to creditors or provide tax, bankruptcy, accounting or legal advice or credit repair services. Not available in all states. Please contact a tax professional to discuss tax consequences of settlement. Read and understand all program materials prior to enrollment, including potential adverse impact on credit rating.