I Don't Believe It! Do you?

I recently heard a series of commercials for DEBT RELIEF and/or BE DEBT FREE. They claim to be able to reduce your credit card debt by 60% to 75%. One client TESTIMONIAL claimed that he was debt free in four months. These commercials also stated that the debt relief company was a “non profit” organization.

I don’t believe it! Here is why:

After 20 plus years working in the debt management field, I have learned the following:

• Folks or business owners who need help with credit card debt usually owe a large enough amount that paying 25% to 40% of that debt, in three to four months, is out of the question.
  
• Anyone who is capable of paying such a settlement as the one the commercial purported would just make payments and not risk ruining their credit.
  
• Credit Card companies are not anxious to reduce the balance on accounts that are current or where the debtor has the ability to pay – why settle for less ( and lose the interest ) if the debtor can pay??
  
• Don’t be misled by the term “non profit.” Non profit organizations charge fees for service and, although the organization does not show a profit on their balance sheet, salaries and commissions are paid from the income and there is no limit to operating expenses and staff income.

Getting help with past due debts is serious business and those who are in need should receive the facts and truthful answers – not some contrived pitch.

For serious (and truthful) advice and help with your business debts, please visit http://www.financialtechnologies.com/ and send us a message on our Contact Us page. We have many years of experience in this field and many very real success stories. Contact us today for the help you need and can trust!

- TheDebtDr
http://www.financialtechnologies.com