Choosing a reputable debt settlement company can be a difficult process.
This million dollar industry brings a lot of scam artists and less than desirable business owners out to make a profit. If you're in debt the last thing you need is to be taken advantage of by an disreputable settlement agency. Here are a few ways you can be assured you have chosen the right company to work with.
Aurora Lillo Editor of the "Best Debt Relief Programs" website -- http://www.BestDebtReliefPrograms.net -- pointed out;
"...The Better Business Bureau is a great resource when you start researching a business. The BBB works to help individuals resolve potential disputes with businesses. If complaints go unresolved, or the company doesn't respond to the complaint, the BBB will issue a negative mark. These ratings are available to the public. As technology changes, the Better Business Bureau has moved forward. You can search for businesses by a telephone number or web address directly from their website. If a business doesn't have a listing, this doesn't necessarily mean they are a bad company to work with. It could mean that no one has had a complaint with that specific debt settlement agency. Although with no rating you may be taking a big risk..."
Another thing that is important to consider is your privacy when doing any kind of business online. If you've found a relief company that works with you via the internet, look for the BBB privacy seal. This will tell you that the service you are using is securing your personal information. Again, not having this doesn't mean you are going to get scammed but it opens up additional risks. It's not a bad idea to stay apprised of the latest scams in financial matters by signing up for their newsletters and risk alerts.
"...Another great resource is going to be utilizing user reviews. You can find forums where people share their experiences regarding different financial relief services they have taken advantage of. While hearing what peers have to say is an excellent resource, watch out for reviews that are overly inflammatory. They may not be true, and could easily be posted by competitors. It's also important to consider that even with a great settlement, those who are in serious debt may not be happy even with a 50% reduction on the balance. Consider the veracity of what you read and compare the reviews on several different sites..." added A. Lillo.