KialKeel205

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If you are thinking about using a debt consolidation or debt settlement service to help you get out of debt faster and save money on your monthly payments, make sure you do your homework before choosing a company. You will find positively shams and scams available.

First i'd like to say that Debt solutions is *not* just like debt settlement/negotiation, which a lot of people don't realize.

Debt settlement organizations charge a huge selection of dollars being an initial "admin fee" to setup your account, and also a monthly service fee. The fees vary depending on the company and the number of the money you owe.

Such companies take your hard earned money every month, but don't make monthly payments to your creditors! Alternatively, they put it in a trust account, negotiate your debts with your creditors, then produce a lump-sum payment when there's enough in your account to pay a creditor entirely.

That can simply take *years* depending on the quantity of 123 debt soulutions ltd with each creditor. Meanwhile, you will be sued by your creditors and your wages can be garnished! (Or just do not make payments to your creditors. You'll end up in the exact same spot without paying someone to help you get there! )

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