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Fees charged: Most debt relief companies will charge a fee between 15 percent and 25 percent of the total debt enrolled for settlement. Companies may also charge fees for opening and managing the ...
In 2014, the Consumer Financial Protection Bureau took action against the company and sought millions in damages for the company’s processing of illegal debt-settlement fees.
Its main focus is debt consolidation and settlement services. Why we like Accredited Debt Relief for quick credit card relief. With loan terms of four to 48 months, Accredited Debt Relief's ...
Debt relief companies are agencies that use a combination of tools, including counseling and debt settlement services, to help you get out of debt faster in exchange for a fee. Many require you to ...
You’ll be responsible for depositing a monthly payment into an account the debt settlement company sets up. The process typically takes between 12 and 48 months. These companies charge a ...
A portion of each payment is taken as fees for the debt settlement company, and the rest is put into the trust account. The consumer is told not to pay anything to the creditors. The debt settlement company's fees are usually specified in the enrollment contract, and may range from 10% to 75% of the total amount of debt to be settled. [13]
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bestopchoices.com has been visited by 100K+ users in the past month