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==== ====READY TO TAKE CONTROL OF YOUR FINANCES? ====There have be...
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Over $100,000 In Debt -- Now Debt Free Without Claiming Bankruptcy
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  1. 1. ==== ====READY TO TAKE CONTROL OF YOUR FINANCES? ====There have been numerous financial scams run on the unsuspecting public in recent times. Therehave been scams through email- looking to get your account information, mortgage loanmodification scams, and even Wall Street scams run by the likes of Bernie Madoff. So, when youare in a financial bind, and you need help - how do you know who you can trust? How do youknow if a company you are investigating is legitimate or just a bunch of debt relief scammerslooking to take your hard earned money? The good news is that this article will help you separatethe real from the fake. Take a look below for 5 helpful tips to help you avoid a debt relief scam.Dont Fall For A Debt Relief Scam - Tip 1 - Most Companies Are Real - But Be Sure They AreEffectiveMost Debt Settlement, Debt Consolidation, and Debt Reduction companies are REAL - but thatdoes not mean that they are effective. So - that means that if you give your business to a debtrelief company - they are likely to TRY to help you - but due to poor staffing, lack of experience,and just not knowing what they are doing - your file may not be adequately worked. This meansthat your accounts may sit with very little follow up and your accounts may not be settled. Do notmistake a poorly run debt consolidation company for a debt relief scam. A poorly run companydoes not deserve your business - but they are not criminals. Scammers are criminals that takeyour money and never intend to perform the services you paid for. Most companies out thereoffering you settlement services are not debt settlement scams - but they may still beunprofessional and ineffective. Be sure to choose a reputable debt settlement company in order toavoid disappointment.Dont Fall For A Debt Relief Scam - Tip 2 - A Name Is Just A NameEven though most debt relief companies on the market are NOT scams - some scam companiesstill exist. So, how do you know them? Many of the debt relief scams that are out there will usevarious tactics to gain your trust such as using terms like "Christian Debt Settlement" or "ExodusDebt Consolidation." In other words - some debt relief scams use religious symbols and terms thatare meant to make the potential victim more open to trusting them. This is by no means allcompanies that use such terms and symbols - but scammers will pick up on these things andabuse peoples trust.Dont Fall For A Debt Relief Scam- Tip 3 - Better Business BureauAs you know, not all companies are created equal. Most people look at Better Business Bureauratings to try to determine if a company is legitimate or not. This is a good FIRST STEP. Debtrelief scam companies will probably not have any BBB rating at all, because scams do not usuallyregister with the BBB. However BBB ratings do not tell the whole story. The truth is that the BBB
  2. 2. rating may not tell you how well a company is run - because people that have complaints tend tobe the only clients giving feedback. A BBB rating of "C" might not represent a bad company - butjust having a BBB rating at all is a good sign that you are not dealing with a debt relief scam.Dont Fall For A Debt Relief Scam- Tip 4 - The Association of Settlement Companies (TASC)TASC stands for The Association of Settlement Companies. This is an organization that has beenestablished by the debt settlement industry to set norms for debt settlement practices. Make surethe company you are doing business with is a member of TASC and in good standing. There isreally no good reason a company should not be a member of TASC or a similar organization.Dont Fall For A Debt Relief Scam- Tip 5 - Trust Your Gut FeelingReally - avoiding a debt settlement scam, or ANY kind of scam, comes down to just trustingyourself to make a wise decision. Call the company, ask questions, see if the answers makesense to you, then ask more questions. Usually there are signs that an offer is too good to be true.Scammers use incredibly good offers to lure you in. If there is NO risk - it is probably a scam.Everything in life has a price and if you are promised the sun, moon, and stars - with no effort onyour part - RUN! The truth is that it takes time to get into debt and it takes time to get out of debt. Itcan be done - in fact it is done every day - but be prepared for the process. If you are beingpromised that all your debts will be settled in 3 months for just 2 cent on the dollar - you arelooking at a debt relief scam.Alex Mitchell has over 10 years experience in finance including working for the worlds largestcredit card issuer as a Credit Analyst and working in the debt settlement field. He specializes inhelping consumers make sense of Credit Card Interest Rates, Debt Settlement, and all thingsfinancial. For further information, please visit his Debt Relief BLOG[]Article Source: ====READY TO TAKE CONTROL OF YOUR FINANCES?
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