Some of our clients are prior consumer credit counseling clients seeking credit card debt relief who have paid hundreds of dollars every month to a debt management company that in turn paid their debts for them. Statistics have shown that over 75% of the time, consumer credit counseling fails to provide the credit card debt relief their clients are seeking. When it does fail, it costs these clients a great deal of money for very little gain. Many CCCs do not disclose that they receive their funding from the banks (the same banks from which you are seeking credit card debt relief) and are subject to all of the rules of the banks in order to qualify for this funding. They don't tell you that if you can’t make any payment in full and on time, you could be kicked out of their program. Worse yet, bank rules keep you from joining again for a full year.
Good questions to ask the credit counseling agency when evaluating its services:
At Debt Shield, we help many people achieve credit card debt relief without filing bankruptcy. Different people want to avoid bankruptcy for different reasons: the stigma, the affects on credit, not wanting to lose non-exempt property, etc. It is possible to get credit card debt relief and take control of your financial destiny and your life, and we are dedicated to helping you achieve these realistic goals. The path is not going to give you a quick solution, just as getting into debt did not happen overnight. But we are professionals and we are here to help. After all, it is not only about seeking credit card debt relief, it is about financial and personal wellbeing. To get the facts about our alternative to bankruptcy, give our debt management company a call and one of our trained debt consultants will work with you to see if you qualify for our truly unique program.
Disclaimer: Debt Shield, Inc. does not provide legal, tax or investment advice. Debt Shield, Inc. does not assist in the repair, modification, improvement, extension or correction of credit entries or reporting.
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