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Archive for January, 2009

Why Can’t Debt Settlement Companies Tell You Exactly How Long Their Program Will Last?

Debt settlement is a negotiation process and until an agreement is reached between the debt settlement company you hire to work for you and your creditors, nobody knows exactly how much you will end up paying. (…)

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While making my monthly payments to the debt settlement, will my balances still be open on my credit cards that are part of the settlement, and thus have interests and fees accruing on them still?

Yes, you will still be accumulating interest and late fees on your cards during the debt settlement process. (…)

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