GustieRiegel887

If you are thinking about using a debt consolidation or debt settlement service to acquire out of debt faster and save money on your monthly payments, be sure you research your options before choosing a company. You can find absolutely shams and scams out there.

First let me say that Debt solutions is *not* the same as debt settlement/negotiation, which many people don't get.

Debt settlement businesses charge hundreds of dollars as an initial "admin fee" to set up your account, plus a monthly service fee. The fees vary with regards to the company and the amount of your financial situation.

Such companies take your money each month, but don't make monthly payments to your creditors! As an alternative, they put it in a trust account, negotiate your financial situation with your creditors, then create a lump-sum payment when there's enough in your account to cover a creditor completely.

That can simply take *years* with respect to the level of 123 debt soulutions ltd with each creditor. Meanwhile, you will be sued by your creditors as well as your wages can be garnished! (Or just don't make payments to your creditors. You'll end up in the same spot without paying you to definitely help you to get there! )