Debtors Can Protect Themselves With Debt Settlement Companies & Fraud Debt Relief Programs

By Author: unknownmem
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Breaking news of Debt Relief USA, one of the most popular debt settlement companies of the nation, being involved in scams and misusing client’s funds, has called for serious protection from companies involved in fraud debt relief programs. With the problem of more and more debts accumulating in the market, and increasing number of payment defaulters, a grave situation has been created risking the American consumers being the victim of these malpractices. Unawareness and mostly ignorance, has worsened the situation more. But it is high time that you should react against this, or else you will be the one responsible for aggravating your debt situation more.

You must identify the nature of unscrupulous activities that these debt settlement companies are involved into. The fraud debt relief programs of these companies tend to deceive the consumers by promising false settlement. They represent that they can reduce almost 75% of the total debt by negotiating with the creditors. This is the first sign that they are bluffing, and you should rather look for other authentic debt settlement companies. Getting 75% debt relief ...
... is nearly impossible, and you must be wise enough to identify this, rather than being taken away with this lucrative option.

Another scam involves charging higher fees much prior to rendering the services. With the recent US Government declaring stringent investigation laws for the debt settlement companies, it clearly uncovers the fee structure, how the previous consumers have been benefited, and what type of debt relief these companies are providing to their consumers. With a clear analysis of such investigation report, debtors can protect themselves with debt settlement companies & fraud debt relief programs.

The investigation further revealed that among all online debt settlement companies, 82.5% of the total research samples, are debt relief frauds, with only 17.5% of them being legitimate!! But in order to give a better protection against these scams, and help the American consumers in identifying the more reliable one, the investigation team ranked top 12 American debt settlement companies offering exceptional quality and authentic debt settlement services. It would be wise to appoint one of these 12 companies to avoid any fraud debt relief programs.

The bottom line is that you are only responsible of your choice. Don’t fall victim of debt settlement scams. Instead, with proper education and identifying the best criteria for choosing debt settlement companies, you can eliminate the probability of falling prey to some unscrupulous and fraud debt relief programs.