By my own count, there are some 7 different ways available which have been identified by experts as the basic options to debtors by which they may seek to get out of debt. Those options range from bankruptcy, debt settlement, debt consolidation, and loan modification programs, to credit counseling and the “do-nothing” approach.

In today’s American economy, there are two related options which consumers seem increasingly to be turning to in attempting to resolve their debt problems. They are the debt negotiation and debt consolidation advice options. That is, consumers hire and rely on debt settlement companies to process their cases for them.

How Do You Tell the Good Companies from the Bad Ones?

In this regard, a common question often asked by debtors who seek to undertake the task, often goes like this: how do I find best debt company that does debt negotiation or settlement and is legitimate and reliable, and not a fraud?

Hiring any debt relief company is just like hiring any professional to do a job for you – there are GOOD ones and there are BAD ones, and hence you’ll just need to do your homework.

There are So Many of these Companies to Sort Through Today

By one recent study done by one reputable internet investigation site, there are an estimated 4,000 companies in the United States today that offer debt negotiation, credit settlement and/or debt consolidation advice. Each one of these companies are out trying to out-do the other — through constant advertising bombardments and claims on the Internet, radio and TV, newspaper ads, etc — that their own particular brand of services is purportedly the most excellent and highest quality of all. Consequently, finding a truly good or the best debt company by a consumer under such circumstances, is not at all an easy task. So, how the heck can the average person tell the good ones from the bad ones?

Hence, it is critically important that you choose the right company. Like any other industry, there are good companies, and there are bad companies.

So, how the heck can the average person tell the good companies from the bad ones?

Researchers at one reputable at the above-mentioned online internet review site who conducted a major in-depth study on this vital issue, sought a definitive answer to this issue of how to find debt company that’s the best that does debt negotiation and credit settlement. Or, how to tell the very best companies from the bad ones?

They came up with the following answer: simply use some 9 carefully chosen “Key Relief Evaluation Criteria” or KDREC in 債務重組  evaluating the right debt settlement company to hire.

They are:


1: A check to ascertain membership of, or accreditation by, one (or more) of the recognized accreditation institutions for the debt
relief industry.

The best debt settlement or consolidation companies are usually accredited with either one or the other of these:

a) The Association of [Debt] Settlement Companies (TASC); or
b) Association of Independent Consumer Credit Counseling Agencies (AICCCA); or
c) National Foundation for Credit Counseling (NFCC)

2. The Reputation of the company. Includes the Dependability Factor. How long has the company been in business? Is this a
company you can trust?


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