Debt Settlement USA, one of the largest debt settlement companies in America, is based in Scottsdale, Arizona. The main service that this company offers is negotiating with your creditors in order to get forgiveness for unsecured debts. While they have had several complaints in the last 36 months, all of these have been quickly resolved.
Debt Settlement USA works like almost every other debt settlement company in that they have you pay them a monthly fee that they deposit into what they refer to as a “savings” account. Each month they are fighting for you so that your debts will be reduced. After several months, when your savings account has reached a certain level, the first settlement will be taken care of and that debt will then be eliminated. Debt Settlement USA works with you to come up with a payment plan that you are able to afford easily. They take your income and expenses into account and then develop a schedule that will help you to get debt-free within a period of 36 months.
The exact fees and charges for the debt settlement program are not explicitly shown on the company website. However, they do say that their fees are based on an individual basis. These costs are apparently derived from a formula that takes into account the consumer’s level of debt, living expenses, and income level. The reason they do not charge a flat fee is because everyone is in a unique situation and they all have different needs. If a person is in a very desperate situation then it simply does not make sense to charge high fees that will only make them worse off. On the other end of the spectrum, if a client is dealing with a small amount of debt and has a high income then they may charge more fees. In the end, it all must even out so that they can continue to provide the debt settlement service to consumers.
It is important to note that Debt Settlement USA uses a 100% electronic enrolment system so that enables you to quickly and efficiently
sign up and get started on the road to being free from debt. When you sign up, they call your creditors and let them know that they are now representing you.
The website looks very good and has easy navigation. My only complaint is that I wish there was a bit more information regarding the services they offer. The content on the site seems a little thin in some respects. It would be nice if they had some information on why debt settlement is the best option to choose (over bankruptcy for example). It would also be nice to have information regarding the refund and fee structure.
All things considered, I think Debt Settlement USA offers a valuable service to consumers. If you are struggling with your debt and feel alone then maybe you should give them a try.
