Eliminate Unsecured Debt - How to Eliminate at Least 60% of Your Unsecured Debt

It has never been more financially advantageous to eliminate unsecured debt through a debt settlement. This is a very unique and unprecedented time in our economic history. We are coming off the deepest recession since the great depression and there are more people currently in debt than any time in our history. Added to that, is the fact that billions of dollars have been injected into our economy and the full effects of this have yet to be seen. One of the effects however is clear. Debt settlements are more popular than ever. With the help of a debt settlement company, consumers are eliminating 60% of their unsecured debt on average and cases in the 70-80% range are not at all uncommon in this market.

The only real consequence of getting a debt settlement is that you will receive a slightly lower credit score. This seems like a fair trade-off considering you will eliminate unsecured debt at least 50% of your balance. Your credit score will only be affected in the short term and in the long run will actually help you by lowering your outstanding debt.

You need to be at least $10,000 in the hole to be eligible for the services of a debt settlement company. If you are at least $10,000 unsecured debt it almost always makes sense to hire a debt settlement company but you need to know how to locate the top performing companies if you want to receive the most favorable deal. A top performing debt company will be able to eliminate unsecured debt at least at the 50% mark although they average around the 60%. Finding an inexperienced company however can cause you more harm than good which is why it is so important that consumers only seek out established and proven debt companies.

If you want to eliminate unsecured debt and hire a debt settlement company 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: