Slide 2: There is a constant battle prevailing in the present world which is equally a silent one, a battle between credit card companies Vs debt settlement firms. Well, the first who was here was credit card companies but today debt relief firms almost have a fine grip on credit card companies due to the sprouting circumstances.
Slide 3: So, who has the upper hand in debt negotiations? A credit card company normally comes behind its unpaid customer in full hopes of acquiring the sum. But, once the customer files a statement of bankruptcy, it has to accept it and feel a great blow on its cheek! On the other hand, settlement companies have full access to credit card companies by their policies which appeals greatly. As a matter of fact, it has become the third party interference between the debtor and creditor helping its customer to acquire a debt reduction.
Slide 4: Here, in the process of debt negotiation, what debt relief services do is, getting a debt reduction for its customer. As a matter of fact, in the battle of credit card companies Vs debt settlement firms, certainly we understand that debt relief firms have the upper hand in debt negotiations. It’s with relation to the need as well as the activities undertaken by them. Furthermore, the main and simple reason for debt relief firms to have the upper hand in debt negotiations is, it representing the needs of people who are under a great risk of falling into the dark shadows of bankruptcy.
Slide 5: Getting out of debt is not impossible but it will not happen over night. Consumers who are serious about debt relief need to be determined. If you have over $10 k in unsecured debt you should really consider debt settlement. Consumers can expect to realistically eliminate 60% of their unsecured debt with a settlement.