Q. You Can Get Out of a Debt Settlement Program?
Anonymous
You Can Get Out of a Debt Settlement Program?
I signed up with a debt settlement program (huge mistake) in April 2023 and watched my credit score go down dramatically. It was devastating.
After doing research and talking with a debt counseling program, I realized how much of a mistake I made. I contacted the program (in writing and over the phone) and told them that I wanted to terminate my participation immediately. That was the easy part. Getting the $1,000 I had paid in refunded was more difficult but I got them to refund it.
They will discourage you and tell you it is not possible. Be persistent. I ended up calling the Bank that they use as the “trust account” and told them I wanted the full amount of my trust account refunded since they had not started negotiations yet with my creditors. The money was back in my account 2 days later.
1 Answer
There are many situations like you, but not all of them manage to overcome them. The help of specialists is already needed here. For example loyal lending loan. This service helps everyone get out of the debt hole. I speak confidently for them, because they helped me. When the bank wanted to take my business, because I could not repay the loan. So if you do the same, then they will help you
answered by marcus