Myth: Settling Debt Does the Most Harm to Your Credit
Credit scores are marketed as the end all and be all of your financial well-being. Consumers are led to believe ...
Myth: Negotiating Debt Restarts the Litigation Clock Under the Statute of Limitations
The statute of limitations can be confusing because the rules are different for every state, and it is often hard ...
Myth:Debt Settlement Companies Will Steal Your Money
Successful participation in a debt settlement program requires you to redirect a portion of your regular monthly debt payments into ...
Myth: Debt Settlement Companies Are Unreliable
According to the American Fair Credit Council, In 2018, the debt relief industry contributed $4.9 billion to the economy. Debt ...
Myth: Debt Settlement Companies Are All the Same
In 2010, Congress increased industry oversight by amending the Telemarketing Sales Rule (TSR), giving new guidance regarding contact and communication ...
