What Do Other People Say About Their Debt Settlement Program and Services?
Any debt settlement company can portray themselves and their services as being they world’s best kept secret, but what do other people say who have dealt with them?
- Check out the Better Business Bureau. What is the company’s rating? Can you trust a debt settlement company with an “F” or “D” rating? The Better Business Bureau has even publicly warned Canadians about some debt settlement companies.
- If the company claims to have a Canadian office, then check it out. On Google Maps you can switch to street view and check out an office in a distant city. A company may claim to have an office in a certain city, but it is really only a post office box with numerous other companies using the same address.
Another thing to be careful of is that a number of debt settlement companies use different names from time to time. So if you can’t find much information on a company, it could be because it is using a different name now. A lack of information about a company online should probably be viewed as red flag.
There are also known risks with a debt settlement, like a negative impact on your credit rating. Protect yourself and become informed on why a settlement may not be right for you.