ReneTolbert301

If you're thinking about employing a debt consolidation or debt settlement service to acquire out of debt faster and save money in your monthly premiums, make sure you research your options before choosing a company. You can find definitely shams and scams out there.

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

Debt settlement companies charge countless dollars being an initial "admin fee" to setup your account, plus a monthly service fee. The fees vary depending on the company and the quantity of your debts.

Such companies take your cash each month, but do not make monthly payments to your creditors! As an alternative, they put it in a trust account, negotiate your debts with your creditors, then make a lump-sum payment when there is enough in your account to pay a creditor entirely.

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