User:CiscoDube307

If you're thinking about using a debt consolidation or debt settlement service to obtain out of debt faster and save money in your monthly payments, make sure you do your homework before choosing a company. There are absolutely shams and scams on the market.

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

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

Such companies take your cash every month, but don't make monthly payments to your creditors! As an alternative, they put it in a trust account, negotiate the money you owe along with your creditors, then make a lump-sum payment when there's enough in your account to pay for a creditor in full.

That may take *years* with regards to the amount of 123 debt soulutions ltd with each creditor. Meanwhile, you will be sued by your creditors as well as your wages could be garnished! (Or just don't make payments to your creditors. You'll end in the same spot without paying anyone to help you to get there! )