Will the New FTC Rules Keep the Debt Settlement Companies Honest?

To bring a control over unscrupulous practices, the Federal Trade Commission (FTC) has passed a new set of rules that will safeguard the consumers from being a victim of the scam debt settlement companies and help them differentiate between the good ones and the bad ones.

Continue ReadingWill the New FTC Rules Keep the Debt Settlement Companies Honest?

Debt Settlement Companies – All That You Need To Know About Them

Debt settlement companies, gather details about your outstanding debt details with different creditors, and then negotiate with these creditors and arrive at a consolidated settlement amount, which in most cases is lesser than the actual amount owed by you.

Continue ReadingDebt Settlement Companies – All That You Need To Know About Them