If you have huge credit card debt and you don’t have right source to pay off the debt than it is better that you can go with credit counseling or debt settlement to reduce the huge debt burden.
Credit counseling company is not reducing your debt it can work as your representative to negotiate with the credit card company to wave up the extra charges and addition interest due to late payment.
Credit counseling company not makes any promise about the improvement of
Credit counseling company make your personal budget on the basis of your personal income and income and the debt bill of every month.
If credit counseling is not fruitful to avoid bankruptcy than the debt settlement is help you to get out of the debt.
Debt settlement applicable when your total debt is more than $5000 and the
Debt Settlement Company try to negotiate to reduce the debt amount with your creditors.
Debt settlement programme is provided by the attorney which help to negotiate with the creditor.
Debt settlement scam is avoided by reading the terms and condition of the authorized company carefully.
Some time debt settlement company charge there fees before hand ,don’t pay any charges without the proper documentation..
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