Avoid Paying Back Credit Card Debt - Eliminate Up to 60% With a Debt Settlement Company

Why pay back credit card debt when you can eliminate up to 60% with the help of a debt settlement company. In order to qualify for a debt settlement you must be at least $10,000 in unsecured debt. Credit card debt is the most common and easiest form of debt to be eliminated. Due to the massive amount of people currently in debt, there has never been a better time to negotiate a favorable settlement. Credit card companies are worried about complete defaults and consumers can use this fear to eliminate up to 60% of their debt in this market. It might sound too good to be true but this is happening everyday and debt settlements are only expected to increase.

So would you trade a drop in your credit score for eliminating half of your debt? Many people are more than willing to make this trade off. Your credit score will take a little drop in the beginning with a debt settlement but nowhere near the severity of bankruptcy. Consumers are able to eliminate 50% of their debt on average with the help of a debt settlement company however every case is different and depends on how effective your debt company is at negotiation. The best companies have established relationships with all the major creditors and can provide significant leverage to the negotiation table.

Consumers need to know where to look to find a legitimate debt settlement company as there many debt companies who will do you more harm than good. A legitimate company will not ask for an upfront fee and their fee will be based on how much money they can save you. By having a payment structure such as this you will know that the debt settlement company has your best interest in mind because the more money they save you the more money they make.

If you want to get out of debt and hire a debt settlement company for debt negotiation on your behalf then I have an important piece of advice. Do not go directly to a particular debt settlement company but rather first go to a debt relief network that is affiliated with several legitimate debt companies. In order to be in the debt relief network, the debt settlement companies must prove a track record of successfully negotiating and eliminating debt. They must also pass an ethical standards test. Going through a debt relief network will ensure that the debt company you are provided with is a legitimate and respected company. This is the most efficient way in finding the best debt companies and increasing your chances of eliminating your debt. FreeDebtSettlementAdvice.com is one of the largest and most respected debt relief networks on the marketplace today.

To find a debt settlement company through FreeDebtSettlementAdvice.com check out the following link: