The Proof

Many people find it hard to believe that creditors may accept far less than what they are owed.  Why would creditors tell you that they may be willing to accept less than what is owed when creditors want debtors to make timely minimum payments?  Debt reduction plans may help you save thousands on what you owe and get you out of debt in as little as 12 – 36 months; much faster than a lot of alternative debt relief options. 

When was the last time your creditor told you that making timely payments only account for about 35% of your credit score?  Creditors typically do not educate debtors that 30% of their score is determined by the overall debt you owe, and 10% is based on the types of debt you have.  If you have unsecured debts like credit cards that are over 50% of the credit limit, then your score may be negatively affected already, regardless if you make timely payments.

Seeing is believing.  The following are settlement letters from people that completed their debt reduction plans.