Can I settle my credit cards on my own
Can I Settle My Credit Card Debts On My Own?
You can do it! However, it is time consuming.
When you don’t understand the charge off and debt sale process, creditors will inflate the balance and then give you a discount off the inflated balance. Which may not be any real discount at all.
Creditors are sneaky. They are known to offer settlements and after a debtor has paid the settlement, the remaining balance is sent to another collection agency many months later.
It is tough to deal with all the collection calls. They are very aggressive and are famous for lying and scaring debtors to the point of just giving up.
When you don’t know the collection laws, it easy to be confused and taken advantage of by creditors.
These are all reasons to use a professional. Professionals may also obtain larger discounts because they are settling in bulk.
If you would like help in settling your debts, ask questions from a professional. Debt Settlement Group has been settling debts since 1999. Call and speak to a counselor.
