Debt Settlements - Trade a Lower Credit Score to Eliminate 60% of Your Unsecured Debt

Do you find that there is way too little money at the end of the week to make ends meet? Sick and tired of harassing collection calls? Do you know that it is possible to reduce your debt by-in some cases- as much as sixty percent? That's right 60%. You're probably saying to your self. Yeah, right, what's the catch? Actually there is no catch you just have to be willing to trade a lower credit score, and put in some effort, in order to reduce the amount you owe and get yourself back on track to financial stability.

How can this be accomplished? You can accomplish this goal through debt settlement. What's debt settlement? It's a process whereby you either gather a lump some payment, or save an amount over time, in order to negotiate with your creditor to reduce, and perhaps, eliminate your debt.

Where do I start? An excellent place is on the internet. By doing a simple search you can come up with a wealth of resources and material to guide you through the process, and help you decide, if debt settlement is right for you. You can also learn how to negotiate with your creditor yourself, as well as, find counselors and networks, that specialize in helping you to make an informed decision when it comes to repaying what you owe.

Be aware that this course of action is not for every one. There will probably be fees involved and if your situation is dire enough you may find that you will need a different solution. Take time to gather as much information as you can. Learn what other options are at your disposal. You may find that debt settlement is not for you.

It may well be that you would be better to seek a consolidation loan or seek to file bankruptcy. If at the end of the day you find that a debt settlement solution is right for you your credit score will take a hit. But compared to the prospect of walking completely away from your debt, or filing bankruptcy, I think you'll agree it would be better to trade a lower credit score, and possibly eliminate a significant amount of your debt, than have your credit score ruined by default or bankruptcy.

If you want to get out of debt and hire a debt settlement company for debt negotiation 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 who 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 settlement 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: