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Many people are misled by [http://www.redeemeddebtsolutions.com/debt-settlement-companies.htm debt settlement companies] in these times and it is sad, most of the companies out there are taking advantage of the situation that people are in and exploiting them just so that they can get ahead and make money off of them. There are companies that exist where they actually do want to help the consumer and give them an answer to all of their debt questions and really want to help the consumer get out of debt and get on with their life. There are a lot of settlement companies out there but how do you know which one is the best to choose and to become their client. Before choosing who you should go with there are several settlement questions that you should ask potential settlement companies before giving them your business. Below are some settlement questions that you should ask debt settlement companies to know that you are going to be taken care of and to see if they are here for to help you.

Many people are misled by [http://www.redeemeddebtsolutions.com/debt-settlement-companies.htm debt settlement companies] in these times and it is sad, most of the companies out there are taking advantage of the situation that people are in and exploiting them just so that they can get ahead and make money off of them. There are companies that exist where they actually do want to help the consumer and give them an answer to all of their debt questions and really want to help the consumer get out of debt and get on with their life. There are a lot of settlement companies out there but how do you know which one is the best to choose and to become their client. Before choosing who you should go with there are several settlement questions that you should ask potential settlement companies before giving them your business. Below are some settlement questions that you should ask debt settlement companies to know that you are going to be taken care of and to see if they are here for to help you.

#'''Do you offer a money back guarantee?'''<br> ''If you are not offered one for at least 30 days do not use this company.''

#'''Do you offer a money back guarantee?'''<br> If you are not offered one for at least 30 days do not use this company.

#'''Will you stop the calls from my creditors?'''<br> ''If you are told that they will be stopped completely this is not an honest company, the truth of the matter is that the calls will be slowed and a few may trickle through.''

#'''Will you stop the calls from my creditors?'''<br> If you are told that they will be stopped completely this is not an honest company, the truth of the matter is that the calls will be slowed and a few may trickle through.

#'''Will you be the one making the monthly payments to my creditors?'''<br> ''If a company says that they will be paying your creditors and to give the money directly to them do not use this company, why would you pay someone else to do something that you can do on your own.''

#'''Will you be the one making the monthly payments to my creditors?'''<br> If a company says that they will be paying your creditors and to give the money directly to them do not use this company, why would you pay someone else to do something that you can do on your own.

#'''Will this have a negative impact on my credit score?'''<br> ''The answer is yes, if you are told otherwise you are being lied to and do not use this company.''

#'''Will this have a negative impact on my credit score?'''<br> The answer is yes, if you are told otherwise you are being lied to and do not use this company.

#'''Are you associated with anyone and if so who?'''<br> ''If the company is not associated with anyone this should be an immediate red flag, good debt settlement companies are associated with T.A.S.C. T.A.S.C. is the biggest trade association that governs that debt settlement industry. To become a member of T.A.S.C. the company needs to be scrutinized and comply with their standards. T.A.S.C. governs the debt settlement industry and protects consumers from unnecessary fees, if the company is not governed by them this is not a reputable company; they also apply and govern the next two questions that you should ask.''

#'''Are you associated with anyone and if so who?'''<br> If the company is not associated with anyone this should be an immediate red flag, good debt settlement companies are associated with T.A.S.C. T.A.S.C. is the biggest trade association that governs that debt settlement industry. To become a member of T.A.S.C. the company needs to be scrutinized and comply with their standards. T.A.S.C. governs the debt settlement industry and protects consumers from unnecessary fees, if the company is not governed by them this is not a reputable company; they also apply and govern the next two questions that you should ask.

#'''When should I expect my first settlement to go through?'''<br> ''The answer on this varies, it all depends on the amount of debt that is enrolled into the program and how good the settlement company is at settling debt, you should expect to see your first settlement in the first 12 months. Many companies take the first 3-6 months of your payment and pocket that money for their payment of enrolling you into their system. This means that your first settlement would not go through for at least 15-18 months. This is a red flag and is not an honest company.''

#'''When should I expect my first settlement to go through?'''<br> The answer on this varies, it all depends on the amount of debt that is enrolled into the program and how good the settlement company is at settling debt, you should expect to see your first settlement in the first 12 months. Many companies take the first 3-6 months of your payment and pocket that money for their payment of enrolling you into their system. This means that your first settlement would not go through for at least 15-18 months. This is a red flag and is not an honest company.

#'''How long will I be enrolled into the program and how much will the total cost be?'''<br> ''If you are given an exact amount and date that you will be done with the program that is a lie, debt settlement is not an exact equation or science, companies who tell you otherwise are feeding you lies, there are companies out there that do give you time frames and they can be based on worse case scenarios and in actuality you can be out of the program cheaper and faster if you are told by someone otherwise this should be a caution, also genuine programs should run you no longer than 48 months.''

#'''How long will I be enrolled into the program and how much will the total cost be?'''<br> If you are given an exact amount and date that you will be done with the program that is a lie, debt settlement is not an exact equation or science, companies who tell you otherwise are feeding you lies, there are companies out there that do give you time frames and they can be based on worse case scenarios and in actuality you can be out of the program cheaper and faster if you are told by someone otherwise this should be a caution, also genuine programs should run you no longer than 48 months.

#'''Can I be taxed on my savings?'''<br> ''The answer is yes, the creditors reserve the right to come after you for this money and you may be held responsible for the amount of money saved, if you are told otherwise this is a lie and you should not use that company, reputable companies will not only settle on your debt, but if you are sued the company should fight for you to get that removed.''

#'''Can I be taxed on my savings?'''<br> The answer is yes, the creditors reserve the right to come after you for this money and you may be held responsible for the amount of money saved, if you are told otherwise this is a lie and you should not use that company, reputable companies will not only settle on your debt, but if you are sued the company should fight for you to get that removed.

#'''Where does my monthly payment go?'''<br> ''If you are told that you are to pay the amount directly to the settlement company this is a major red flag; your monthly payment should be placed in a FDIC insured trust account that only you have access to, if a company asks you to pay them directly do not use this company.''

#'''Where does my monthly payment go?'''<br> If you are told that you are to pay the amount directly to the settlement company this is a major red flag; your monthly payment should be placed in a FDIC insured trust account that only you have access to, if a company asks you to pay them directly do not use this company.

#'''Where do you settle your debt?'''<br> ''Many companies outsource the settlement which in turn makes your fees that you pay the settlement company higher and can carry out the program even longer. If a company settles the debt in house than there will be little to no fees to pay.''

#'''Where do you settle your debt?'''<br> Many companies outsource the settlement which in turn makes your fees that you pay the settlement company higher and can carry out the program even longer. If a company settles the debt in house than there will be little to no fees to pay.

#'''What are the fees involved?'''<br> ''If a company is unable to explain their fees to you or what they charge you this is not a good company to use. The main answer to your question that you receive is that the fees are fixed and not based on a floating amount. Also if there are administrative fees and you can not get a quote for the amount of debt you have this in not an honest company. <br>

#'''What are the fees involved?'''<br> If a company is unable to explain their fees to you or what they charge you this is not a good company to use. The main answer to your question that you receive is that the fees are fixed and not based on a floating amount. Also if there are administrative fees and you can not get a quote for the amount of debt you have this in not an honest company. <br>

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