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(800) 319-1160
(800) 319-1160

credit counseling

Debt Settlement Tops, Study Finds

August 27, 2009 | Kevin Bowen

Debt Settlement offers the most of any debt relief service, a study finds.

The study, conducted by Southern Methodist University professor Richard Breisch, says debt settlement provides the greatest value among the several types of debt relief programs. Debt settlement accomplishes its aims by attacking the principal on the debt.   Read More

Criticism of Credit Counseling

July 22, 2009

In the late 1980s and early 1990s, the number of credit and debt counseling agencies in America increased significantly. An antitrust lawsuit was filed against the NFCC, arguing that the presence of creditors on the NFCC’s Board of Directors constituted monopolistic practices. As a result of this litigation, creditors agreed to fund non-NFCC member agencies as well. Read More

Debt Settlement Agencies

June 29, 2009 | Lea Ann Fessenden-Joseph

Much like credit counseling, debt settlement agencies work with you and your creditors to help you become debt free. However, unlike credit counseling agencies, who work with your creditors to get you a lower interest rate, debt settlement agencies work with your creditors to reduce your debt balance. Sounds pretty easy? There are some drawbacks and things to avoid… Read More

Program results may vary depending upon each client’s dedication to the program and creditor cooperation. Program is not available in all states. Resqdebt does not provide debt consolidation, credit counseling, credit repair, legal or bankruptcy services. The Resqdebt debt settlement program does not assume or pay its clients’ debts. Settlement estimates are based on past experience.