Best companies consolidating credit cards

The FTC regulates debt settlement companies and restricts certain actions.

Debt settlement companies cannot charge fees in advance.

Based on our research and experience speaking with its representatives, this settlement company can reduce debt by up to 49 percent and has fees within the normal range of 15 to 20 percent.One thing to note is that this is on top of what you pay your creditors.For example, if you settle ,000 of debt for around ,000 and the debt settlement company takes a fee of 20 percent on that debt, you’ll pay an additional ,000 to the settlement company.The best debt settlement companies will recommend the ideal option for you.Several of the programs we reviewed partner with credit counselors, and some offer debt consolidation loans.

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