I Want The Truth!
“Can you help me? I’ve been speaking with several debt settlement companies but I hear different things from each company. Some say they can help me but others say they can’t. Why? I’m tired of feeling like I’m being sold on a program that might not even be a good fit for my situation. I want the truth!”
The complaint above is common. Almost every day one of our case managers hears a story that echoes this sentiment. At Provanta, the daily order of business is to provide honest and straightforward advice to our clients and prospective clients. Over the past few years, however, it has become apparent that numerous recently founded debt-settlement companies have been aggressively marketing their services to the masses, and as a result, have potentially tarnished the image of the debt-settlement industry. Perhaps you have heard some of the radio ads that promise things like “stopping creditor or collector calls” (nobody can honestly promise that), “halting late fees and interest charges” (only if they agree to do so, prior to settlement), and “huge savings off what you owe” (that’s the idea, but it can’t be promised).
Provanta does not make false promises. We enroll clients with set mutual expectations, where long-term success is the goal. After all, we’ve been settling debts for clients for fifteen years and have consequently come to understand what sorts of client expectations are reasonable, and which are not. Our goal as a company is to prosper through helping those in debt, ultimately achieving a client base that is fully satisfied with our services. Neither Provanta nor its clients are in the least served by either having false or unreasonable expectations.
If what you’ve heard about debt settlement leads you to believe that it sounds too good to be true, stick around. Or, give us a call anytime for a realistic approach to what could be a valuable experience, so long as you know what really to expect.
Technorati Tags: debt settlement, debt help


11:31 am on October 29th, 2009
@Mario Perez Jr.: The answer to this question completely depends on your past credit history. Your credit score (the most common one used is the FICO score) is based on several factors including payment history, amounts owed, length of credit history, new credit, and type of credit used. See http://www.myfico.com for more information. A debt settlement program primarily impacts your score due to the non payment history up until the point where an account is settled/paid. Your credit score is entirely unique to you. No one else has your precise credit profile so it could take less than a year after becoming debt free or several years to recover depending on what you do to rebuild your credit. Staying current with installment loans such as vehicles and mortgages is always important.