http://www.debt-free-guide.com/debt/debt-settlement/debt-settlement-services/ Debt settlement services can help you erase your debt in no time, flat! But, with the advantages of debt settlement services, come also their disadvantages. en-us Sat, 26 Jul 2008 15:00:00 EDT Sat, 26 Jul 2008 15:00:00 EDT Weblog Editor 2.0 There comes a time for all of us when the debt gets to be too much for us. No longer can we handle all of the calls that come from creditors. We get fed up with the threatening letters. We spend too much time and too much money each month satisfying the creditors. Not to mention that fact that trying to save a little money starts to get impossible. For relief many people turn to debt settlement. Why do so many decide to get rid of debt through debt settlement services? No other method gives you the ability to put a stop to it all, including the debt itself. Not without a price of its own Here is the best selling point for all debt settlement services - they give you the opportunity to not only pay off your debt immediately, but at a very discounted rate. You can generally expect a 40-60% discount through debt settlement services! And, provided you have that lump sum of money, you no longer have to speak to those creditors again. You will not owe them anything, you will have paid them what was agreed upon between them and the debt settlement company. Now when you get your paychecks you will not have to kiss them goodbye and send them off to those pesky creditors. You will be able to save some of that money for a rainy day. Only trouble with debt settlement services is that they do not come without a price. You could not expect to get such a discount and not have to pay another way, did you? So, the fact that you used a debt settlement service will show up on your credit report and lower your credit rating. This is because you will not have satisfied the debt according to the original agreements. But, if saving money and being out of debt fast are your major concerned, then debt settlement services might be for you. Sat, 26 Jul 2008 15:00:00 EDT