Are There Any Legitimate Debt Settlement Companies Out There That Are Not Rip-Offs?

Nov. 28, 2009 - PRLog -- Many companies out there claim the ability to do miraculous things, yet the truth of the matter is that some are nothing more than scams. This leads people to ask the question whether or not there are any debt settlement companies out there that are not rip offs.

Hector Milla Editor of the "Credit Card Debt Free" website -- http://www.CreditcardDebtFree.org -- pointed out;

“… There are but you have to be very careful in who you choose to work with before you can be sure. Many of the crooked companies go to enormous lengths to show that they are legitimate. The best thing to do is try to be as thorough as possible in your initial research before you sign on to work with any debt settlement company …”

Make sure that in the initial phases you do not give them any information on your accounts or who you are. They should be able to answer some simple questions before you proceed to figuring out a plan to settle your debt. If you feel at all pressured to give this information up you should immediately start looking elsewhere. Why many companies will be anxious to get your business, too much is a red flag that you need to be aware of.

Secondly the company should be able to provide references for their services. If you can talk to some of their actual customers then you can find out a lot more about the company than they may be willing to reveal. You have to realize that they will hand pick these customers so they may not be a completely true representation of what they offer it can help.

“… You also may want to do a search online to see if there is any information about the company that people have posted. There are many web pages dedicated to keeping tabs on these companies so that if they not legitimate information on them can get out quickly. Find out if the company is a non for profit or for profit, although this does not make as much of a difference as you would think. See if you can find out where they are incorporated, how long they have been in business, what states and countries it is legal for them to operate in. The more information you can find the better off you will be …” H.Milla added.

Further Information about how to get the most of your credit card debt settlement process By Visiting;
http://www.creditcarddebtfree.org