Friday, June 08, 2018

7 Effective Ways to Use Debt Settlemnet




Approximately 43 million Americans have at least one account that is 90 days or more late. There are several methods that can be used to pay off a debt such as paying in installments, paying the debt in full or negotiating with the creditor or collection agency to offer a debt settlement. Apply for debt settlement if an account is more than 90 days late.  

Debt settlement is best used for unsecured debt such as: credit cards, medical bills, department store cards, student loans, personal loans or other small debt that have been reported to a collection agency.
Debt settlement can consist of offering a one-time payment or installment payment that is less than the full amount owed. The remaining debt owed is forgiven.

The advantages of a debt settlement are: it eliminates a monthly payment, puts you back in good standing with the company, and reduces the total amount of debt you owe, helps boost your credit score and helps you look more favorable to potential creditors and lenders.

The disadvantages of a debt settlement are: it may take months before an actual payment is applied to your debt, you may be subjected to legal action while waiting for a payment to be made on your account(s), using their service may be reported on your credit report which lowers your credit score, you will be required to participate in a payment plan for 3-5 years and will be required to pay a monthly fee plus setup or other fees. Here are 7 effective ways to negotiate a debt settlement.

  1. Contact information. Prior to negotiating log the person’s name, direct phone number, email address, and the name of the company. Avoid providing your home or work phone number or employer name.
  2. Negotiation type. Negotiate either over the phone or in writing. Keep accurate notes of what the representative says and everything you say.
  3. Negotiate. Don’t agree to the first offer. Don’t offer to pay more than 50% of the outstanding balance.
  4. Documentation. The company may ask for proof of income, assets or other debt owed to determine if you can the debt. Block out your bank account numbers, SSN, DOB, phone numbers and any other personal information when submitting documentation.
  5. Proof. If they have informed you they are recording your conversation, you can also record the conversation and inform them you are doing so. Request a debt settlement agreement confirmation letter.
  6. Don’t accept no. If your debt settlement offer is rejected consider asking the company to lower your interest rate, lower your monthly payment, and waive any late fees or other fees.
  7. Payment. Pay by money order or cashier’s check which is the safest method. Avoid paying by personal check.

2 comments:

Curt Lennix said...

INTERNET SCAM ALERT‼️

The internet today is full of SCAM ADS, mostly in comments of various sites and blogs. A large number of individuals have been victims of scam and lost a lot of money to SCAMMERS. Most of the common scam you can see are -:
❌BANK LOAN SCAM. ❌BINARY OPTIONS SCAM.
❌MONEY MULTIPLICATION SCAM. ❌HACKING SCAM. ❌GETTING DEGREE SCAM. ❌SHOPPING SCAM and lost more..........

But here is a good news to everyone who has been a victim of INTERNET SCAM❗️
You can get your money back from the scammer, and can even get more than what you lost, No Authorities will not been involve just the genius of our skill.

WHO ARE WE⁉️
We are PYTHONAX ! A group of skilled Hackers who have dedicated our time to helping individuals to get back thier money from INTERNET SCAMMERS. A research was carried out and an approximation of more than $3billion USD annually was said to be lost to INTERNET SCAM. This is so wrong and that’s why we have decided to help individuals get thier money.

HOW DO WE OPERATE⁉️
We use a RAT(Remote Access Trojan) to take over the SCAMMER(s) device(Phone or Computer) and take back your money by accessing their Bitcoin wallets or Bank Account. Most of this scammers use their Bitcoin to save money they get from SCAM activities. This is because Bitcoin keeps the money hidden from FINANCIAL INSTITUTIONS BOARD from getting to see the money they can’t give account for.

If you have been a Victim of INTERNET SCAM, then you should contact us via the Email below
Email-: pythonaxservices@gmail.com
pythonaxhacks@gmail.com




Pythonax.
2020 © All Right Reserved.

Antonio Rainey said...


I am so delighted I found your weblog, I really found you by accident,
And would just like to say thank you for a fantastic post and a all round entertaining blog (I also love the theme/design), FAKE DRIVERS LICENSE THAT WORKS FROM THE DMV I don't have time to go through it all at the minute but I have bookmarked it and also added your RSS feeds, so when I have time I will be back to read a lot more, Please do keep up the excellent job.

Y’all don’t forget to join this DMV EXPERTS TELEGRAM GROUP for more information about new drivers license and updated materials being used along the production process of the DL . You can also take advantage to learn and meet many Experts who will guide you on numerous techniques for anyone who love hacking and don’t know how to go about it .