Blue Worm Records

Debt settlement companies are not scammers! Let me just get that out the way. Debt settlement companies negotiate with your creditors to lower your debts. Sometimes they can lower your debt significantly so you end up paying less than 50% of what you owed. With that said you will always have ethical and unethical companies. When you are speaking with a representative of a debt settlement company be very careful.Many debt settlement companies just want to make as much money as they can without the client’s best interest in mind. Some of these representatives will say just about anything to get you to enroll in a program. Here are the warning signs that will let you know if a debt settlement company is dishonest.If they promise to save you 60 to 70%- This might sound great at first but confirm the overall price before si metabolism boosters gning any contract. Make sure you ask the representative if their claim of high savings for you is included in the company’s fees. The company should save you at least 40% of your debt including fees and paying your creditors.They are not part of the (BBB) Better Business Bureau- If a company is not part of the Better Business Bureau then most likely they are not legit. You need to know how long the company has been in business for. Basically, the company should have been in business for 10 years because this ensures that they know what they are doing and have settled many debts in the past. If the company is part of the BBB but there record is unsatisfactory then don’t bother talking to them.No money back guarantee- If you’re going to work with a company, make sure they provide you with a written money back guarantee.