How do I Choose a Settlement Provider?
Selecting the right provider is a critical component to your success in becoming debt-free through Debt Settlement.
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- Solid record with the Better Business Bureau (BBB)
- In business long enough to have built a solid reputation
- Electronic payment processing to ensure consistency
- Existing relationships with most creditors and collection agencies
- Support network to connect with other community members and find out how they are handling the day-to-day challenges of being in debt
- Reasonable fee structure – ask the amount of fees and how they are paid (many settlement firms try to hide their excessive fees)
- Full disclosure of how settlement works, fees involved, likely impacts to credit profile, and the projected time to complete the program
- Robust educational resources to help you build your money management skills
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Review the Settlement Provider Checklist
Use our Settlement Provider Checklist to compare the CareOneSM service with other services.
Settlement Provider Checklist