Clear your credit card debt and attain debt relief and freedom - The Bills.com Blog

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Clear your credit card debt and attain debt relief and freedom

Question: I am very upset about a company I have more or less committed myself to in helping me get myself cleared of credit card debt. The co. is (New Horizon Debt Relief) but I cannot seem to find much information on them Can you Help , Please?

Answer: I am sorry but I do not have any information on the company in question. I strongly suggest that you lookup the company report in the Better Business Bureau at http://search.bbb.org/ Generally, I would make sure that any firm you choose is a member of the Better Business Bureau and get a sense for the quality of the organization (www.bbb.org ).

If you are seeking debt settlement solution, I've done some homework, and Freedom Debt Relief (www.freedomdebtrelief.com ) appears to be a great option, if you are seeking debt resolution or negotiated debt settlement.

Here are some facts:

1. Freedom Debt Relief is a member of the Better Business Bureau (www.bbb.org ) 2. Freedom Deb Relief appears to be one of the largest debt resolution firms in the country.
3. The Founders of the Company are Stanford Business School

with impressive backgrounds in the financial services industry.
4. One of the Founders of Freedom Debt Relief is on the Board of Directors of The Association of Settlement Companies (TASC) and was a Founding Board Member of USOBA.
5. They look solid and credible.

If you are interested in general in negotiated debt settlement, I can give you the following facts:

Debt settlement, also called debt negotiation, is a form of online debt consolidation that cuts your total debt, sometimes over 50%, with lower monthly payments. Debt settlement programs typically run around three years. It is important to keep in mind, however, that during the life of your debt settlement program, you are NOT paying your creditors. This means that a debt settlement solution of online

debt consolidation will negatively impact your credit rating. Your credit rating will not be good, at a minimum, for the term of your debt settlement program. However, debt settlement is usually the fastest and cheapest way to debt freedom, with a low monthly payment, while avoiding Chapter 7 Bankruptcy. The trade-off here is a negative credit rating versus saving lots of money.

Bills.com offers a wealth of information regarding the various debt help options available to consumers ? visit http://www.bills.com/debthelp/ for more information. I hope we can help you find a solution to your debt troubles, and help you Find. Learn. Save.

Best of luck,
Bill
www.bills.com/blog

Also, make sure to get a free financial health check-up with Bills IQ!

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Bill has answered all sorts of questions and has been able to provide those in need of financial guidance with helpful and valuable advice and information on their specific financial area of interest. If you need specific guidance on any of the above mentioned financial areas, feel free to Ask Bill your financial questions and get better informed. Also, make sure to get a free financial health check-up with Bills IQ!

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