Hiring a debt settlement company is tempting as our lives have been stressful lately because of the debts we have been carrying over our shoulders. Add to that burden that the COVID-19 pandemic is still upon us even a year since it began. With this humongous debt looming, why not hire somebody to help you settle?
So how would you know if your debt settlement company is on the up and up? Before you take the plunge and hire the next settlement company you see, ensure they operate legitimately. Here are some ways:
A few companies will promise that they can guarantee to settle your debt up to 60% of the total amount – so if you hear this, close your door because this might be a scam. Be wary of companies who will ask you for fees even before their work on your case, which is also a red flag. There will always be risks, so learn as much as possible before taking the plunge.
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