Debt Relief - Debt Settlement

It is a little known fact that the you can use debt relief to pay off your credit card bills. There are a lot of people around the world who are suffering from mounting credit card debt and debt settlement could offer you some relief. We all have had issues from time to time with credit card bills and maybe overspending.

The credit card companies make it too easy for us to get multiple cards with limits that are usually above what we can afford with rates we could never pay down. If we are a few days late on our account and the bank is calling to offer more credit -does this happen to you? Or, perhaps you have no source of income and no way to pay, yet they give you credit but not your wage earing spouse. They seem to only want to increase their own risk.

The key to debt settlement is finding the best guarantee and trusting your team, they are available but you have to do your homework. It is important to remember that debt settlement has better end results than getting a traditional debt consolidation loan and much smarter long term. Traditional debt consolidation loans can require you to have some type of security or collateral to obtain the loan. With Debt relief through debt settlement your going to pay back around 50% of what you owe.

You must be patient and be educated in the debt settlement process for it to work for you. The best thing about debt settlement relief is that when the program is over YOUR DONE. A debt consolidation loan can drag out for years, and can lead to double the debt, and bankruptcy.

Absolute Debt Solutions was established to make a positive impact in people's lives by freeing them from the burden of debt. The debt management programs we can offer are designed to help people become, and continue to live debt-free.

Tom Bates,CDA
CEO-President
Absolute Debt Solutions, Inc.
http://www.absolutedebtsolutions.com

Debt Settlement And The Real Truth

Though Debt Settlement has yet to become fully developed as an industry, there seem to be standards through out the board. Those being, the fees. They all want to be paid, and it is not cheap. You will spend AT LEAST 12% of your total debt relief for your average debt settlement company to assist you in settling your unsecured debts. In addition to the continuing late fees from the bank. So the advertisement of 40-60% is not all it is cracked up to be "READ THE FINE PRINT". O' Ya, don't forget to pay your taxes when that 1099c comes from the bank, there is another 14% based on amount saved. So the "SALES PITCH" of 40-60% just fell to 25-15% saved. Well if all they are going to get you is 15-25% why do you need them? You don't. You need a company that has a track record that produces real debt settlements, with a SOLID guarantee. If they are so darn good at what they do, "and that is what they tell you", then why pay one dime till the work is done? You don't pay anything till the car is back and running from the mechanic correct? How about the pool man or the yard man, or even the barber? Are you going to pay before your hair is cut? NO, and you should not pay till your debts are settled.

You might consider looking into a company and you may even find they have good reviews and have even paid thousands of dollars to be a member of some organization. That is meaningless as these organizations have no say in the acts of the company. Most of these organizations are actually run by owners and director of settlement companies . Who's fooling who?. The BBB, to my knowledge has never been to "ANY OF THEIR OFFICES", and they can only go on the word of a consumer who may have been ill advised or did not understand the program and or the risk involved do to untrained "sales people" and huge turn over rates. Unless the company is certified and there are STANDARD FOLLOW UP PROCEDURES on a weekly or monthly basis, even the certifications are worthless. Accountability is everything. A simple trophy on a website does not guarantee results.

In most cases your creditors can and will settle for pennies on the dollar with the right approach. But why pay anything till the work is done and the work is guaranteed? If your willing to prepay the yard man for 3 years, or the lady cutting your hair for the next three years, you should pay for debt settlement before the work is done. Either way your not getting a refund if your not happy with the results.

No debt settlement company can help you unless and until you have money to use for settlement. So till you have these funds, They are simply a mail box for you, and should they stop the calls from the collectors, thats great. Or is it? If the bank can't call and can't write, what can they do? They can and in most cases will file suit. Though a law suit is not the end of the world, they are not much fun. They will still settle, but at a much higher rate. Debt Settlement like many other industries should charge based on results. Unless their real interest is something other than the clients well being why would they not, right? Well, are they digging you deeper in debt? If they do not charge based on results, and actually get paid before the creditor gets paid clearly they are out for their own buck. And from who? The weak, the uneducated or perhaps the ill or elderly or maybe a family who lost a job or loved one. They get paid before the bank? Why?

If your willing to pay for services two or three years before the services are delivered, you have not finished your home work. Have a look at the BBB report of Credit Solutions of America. over 750 BBB complaints!. How many of those clients do you think got a refund when times got even harder, they could not pay for the program any longer. and had to file BK? I think little or NONE!

After over a decade in the credit and finance industry I have developed a Credit Repair company and Debt Settlement company to assist consumers without the risk of being taken for a ride. There are some real good people in the Debt Settlement industry, and there are some real crooks. Watch your step! Watch the guarantee, and if you read the fine print you will see we have the only "GUARANTEE" in the industry that has the clients best interest in mind.

Tom Bates, CDA
CEO - President,
Absolute Debt Solutions Inc.
http://www.absolutedebtsolutions.com

How To Choose A Debt Settlement Program

For those with mounting, uncontrolled unsecured debt there are several debt settlement programs available. Another option is consumer credit counseling. This program will some times lower your monthly payment. Keep in mind it is only lowered while in the CCCS program. Should you or the counselor be late in getting the payment to the creditor, that interest you had lowered will raise its ugly head again making things even worse than ever. Keeping the above in mind, they want you to think they are non-profit and manage your money well.Consumer Credit Counseling your going to go through a counselor who will tell you what you already know. After you have paid your enrollment fee, and agreed to automatic bank drafts they will start your program. Your counselor will then contact your creditors and "attempt" to lower your interest.

A news article in California found Clients of the California-based National Consumer Council, Florida-based Debt Management Foundation Services Inc. and Massachusetts-based Better Budget Financial Services Inc. paid thousands of dollars to keep bill collectors at bay, but instead clients saw their debts, interest rates and late fees increase as the three companies did little to help.

As wolves in sheep's clothing, CCCS, follows up with your creditor with a letter of council that tells them of your involvement in their program and asks them the work with them. Then, ask for what is well known as their contribution. They claim to be non profit, yet the money you could be paying toward your debt relief goes to them. First decision is obvious consumer credit counseling services work for the bank, not you.

Debt Consolidation is always a great way to bring resolve to your debt as long as you have a process in place before debt consolidation to settle the debt. If there is no procedure in place to discount the amount owed, there is no "smart" reason to conduct a consolidation loan. Lowering the monthly payment is nice, but the end result may not be what you desired. A simple trade out of loans does not lower the amount owed or monthly payment, and in most cases your going to end up owing double what you started with. You will as 80% of consumers do, bring accounts to a zero balance and owe another lender at a lower or longer rate/term. In most cases people that go through debt consolidation will re-use the accounts that were paid off, resulting in double the debt. The end result is if you have a well qualified debt settlement program in place that will take charge and get you the desired results, and guarantee this is in writing your sure to get back on track.

With a fee based Debt Settlement Program and Negotiation you have many options, and in several ways can save you money. You should know that no debt settlement company or debt settlement program can perform any real service to you till such time as you have money to settle. If it is a buffer or shield your looking for, do not look to a quality debt settlement company with an honest debt settlement program. They will understand the creditor and your account better than your average debt settlement company and will be able to guide you through the debt settlement program.

Further, the fees charged by fee based debt settlement and negotiation company is going to cost you about 15% of your total debt load. So what ever you see in advertisement's, you can add about 15 % to their quote, and in most cases is paid up front before the job is done or even started. Read the fine print and guarantee. If they are not wiling to give you a written guarantee to perform and produce you should reconsider doing business with them, regardless of their affiliations or ratings.

You have heard the old saying, if it is not in writing it didn't happen? Truth is, there is only one type of guarantee that will protect the consumer, that is the guarantee in writing. I found one of the largest debt settlement companies has just had a class action law suit filed against them for taking payment before the service was provided, additionally has over 700 BBB complaints filed. Attorney Generals nation wide want to protect consumers from wrong doing, and the only way to do that long term is for the debt settlement company to conduct their actions in the best interest of the consumer.

So, a written, signed and dated pre-agreed agreed settlement term on each account seems to be the best option of protection. This seems to be the direction of debt settlement and clearly has the consumers best interest in mind. Given most all conditions the worst that can happen is you end up paying what you owed in the first place.

The problem with fee based debt settlement is that you may still have to pay all of what you owed and have already paid into the debt settlement program, yet the service was not performed. Good luck getting a refund.

Finally, should you feel the need, make sure you have done your home work, and have counted every dime you are going to be charged and how aggressive the settlement team is. So, What to look for in a A Debt Settlement Company, should be clear:
BBB report (should be clean)
IAPDA Certified (Good standing)

Tom Bates, CEO and President is an IAPDA Certified Debt Arbitrator, he offers years of experience in both the credit and collections industry and has founded Absolute to assist consumers in need of quality debt settlement at a reduced rate. We understand your already faced with mounting debt and want what is best for you.

Tom Bates, CDA
CEO, President
Absolute Debt Solutions, Inc
http://www.absolutedebtsolutions.com

Tips to make your forum alive!

It is a very common scene on the Internet that there are many good websites running forums which are totally inactive or dead. The possible reasons can be inactive users, less creative posts or threads, lack of moderators, or too much rules in the forums. I am going to talk about some tips and tricks which can make your forums alive.

My first suggestion is if you are using open source or license forum scripts like phpbb or vbulletin, try to add some custom templates which will make your forum unique and visitors will never lost in the sea of common template layout. Logo is another important factor to make your forum more professional. Remember, site's layout and logo always creates quality, trust and uniqueness.

Always ask your moderators of sites staffs to create some interesting threads on various topics which are relevant to your forum categories. It can be recent issues, funny things or totally weird news. I do not suggest posting your opinion in your thread rather than sharing the topics. But sometimes an awkward opinion can create any thread running because users are always eager to post their opinion or protest any opinions.

If your forum's visitors are year 14 – 25 years old, I suggest to share some picture related topics or threads. As for example, picture thread for users or members pictures or celebrities galleries. Recently, I have noticed lot of forums share celebrities' galleries in their forum. It's a very common interest among teenagers. Some of them like to see movies, music or sports. There are many celebrities' websites from where you can collect pictures or you can just share the URLS. Besides, desktop customization is another common interest among young web site visitors. Wallpapers download is one of them.

"Where there are flowers there are some BEES. " Yes, I am talking about female users or female moderators. I saw hundreds of forums who are using this trick. Female moderators will always generate triple posting rate compare to male moderators. I am not discriminating male moderators but it's only my personal opinion. Now the question is how can we believe that the moderators are females? Believe me nowadays users are much smarter than few years before. If your forums moderators are really females, they will know that you don't have to shout "C'mon boys, our forums run by Female Moderators! Then you will hear the sound "Take my breathe away, oh you." So never shout with such slogan.

There are many tips which I cannot include in this short article. Hope I will continue in my next article. Good luck with your forums and remember that "Passions Never Die! "