Does DIY Debt Settlement Work?
Take a look at these results:
$18,020 settled for 4,510 (25%)
$9,537 settled for 3,052 (32%)
$15,693 settled for 5,492 (35%)
$43,250 settled for $13,054!
All settlements within first 6 months of missing first payment.
Average settlement of 30.2%
Can you imagine slashing your credit card balances by 69.8% within 6 months?
And best of all I did not have to pay any debt settlement company. I did it all on my own and you can too.
I’m not telling you this to brag. I’m telling you this to show you what is possible with do it yourself debt settlement.
Not too long ago, I had a pretty good credit score. A credit score that I was proud of. I had paid all my bills on time for years. My credit report showed 7+ years of on time payments with no late payments.
And then it all came crashing down.
It only took one month.
One month when my income took a hit and my expenses went through the roof. Student loans coming out of deferment, daugther’s unexpected surgery, IRS tax bill, and a small reduction in income.
And there was very little savings in the bank.
I was living paycheck to paycheck. Sound familiar?
This was the perfect storm that forced me to miss my first credit card payments in over 7 years. Over 84 months of paying on time.
All washed down the drain in one month.
Goodbye good credit score, hello debt collection calls from the credit card companies.
Because I fell behind one month, it was next to impossible to catch up on the missed credit card payments with next month’s bills.
The downward spiral kept going farther and farther and the collection calls increased every day.
I had seen all the commercials advertising for debt settlement companies and had done some research. They all wanted 15% of my total debt and they wanted their fees now. On my $43,250 worth of debt, that added up to $6487.50! No thank you.
They outlined how their program would take 36 to 48 months to complete!
You mean I have to endure 3 to 4 years of harassing phone calls from 8 in the morning to 9 at night?!?
That’s when I found out about a do it yourself debt settlement program that could save me thousands and still get the results the debt settlement companies promised.
The program is called Zipdebt.
I know, it’s a funny sounding name but don’t let that fool you. It’s a very serious program and it can help you. It helped me slash my credit card balances by an average of 69.8% in less than 6 months.
With the Zipdebt program you can learn about the entire process of negotiating and settling with your credit card companies to get you the lowest settlement offer possible in the shortest amount of time. All while keeping them from slapping you with a lawsuit because you stopped paying them.
Want to know if you should send your creditors a cease and desist letter? This may be the worse thing you can do.
Want to know how to handle the onslaught of debt collection calls? You can learn how to keep your stress levels in check and never be bothered with a single debt collection call.
Want to know what to say to your credit card companies when they ask how come you missed a payment? You will find an effective script that will explain your situation and have your creditors ready and willing to settle with you.
Want to know about your cancelled credit card debt and your taxes? Discover why you may not have to pay a penny in income taxes even if you cancel over $100,000 in credit card debt.
Want to know how to save money to build up a settlement fund? You will learn all this and more in the Zipdebt program.
Charles Phelan, the creator of the Zipdebt program, is very thorough in explaining the entire debt settlement process. He will answer any and every question you will have in the 7 CD audio portion of the course.
The Zipdebt program comes with a 365 money back guarantee so you are fully covered. Try getting that from a debt settlement company.
Debt settlement and debt negotiation works. It is not a scam. It worked wonders for me and helped me settle my credit card debt for a fraction of what I owed. It helped bail me out of a deep financial hole in less than 6 months and it can work for you.