Introduction
Are debt settlement programs similar to credit repairs? We get a lot of questions about this. It is time to answer these questions!
In this episode, Marlon Quezada and Maricel Llul, the founders of MDN, sit down with marketing specialist Jack Hakimian of Global Presence Marketing to discuss whether debt settlement programs go hand-in-hand with credit repairs.
Major Debt Talks is a videocast and podcast brought to you by MDN and Global Presence Marketing. Its objective is to learn about debt relief programs and encourage people to take this route rather than filing for bankruptcy. Visit our website to watch the latest episodes.
About Major Debt Negotiators
Major Debt Negotiators (MDN) provides financial relief and credit assessment for Americans filing for bankruptcy. Our vision is to help you avoid losing everything you have worked for through foolproof programs that help you save money while paying debt faster than minimum payments.
We are here to provide debt relief services and provide financial consultation and education to ensure that you live a debt-free life.
Is debt settlement similar to credit repairs?
To answer your question, debt settlement is different from credit repairs.
The process of disputing problems and errors on your credit reports is known as credit repair. When you disagree with any information on your credit report, the Fair Credit Reporting Act (FCRA) allows you to file a dispute.
While debt settlement is when debt settlement companies negotiate with your creditors on your behalf to lower down the face value of your debt, but they can go hand-in-hand. If you have had financial difficulties, your credit has likely suffered as well. In many circumstances, credit repair may be required to remedy any inaccuracies or errors on your credit report that you may have made along the road.
A credit repair is needed after the debt settlement program.
“No. Debt settlement is, what happens is, you get rid of your debt and credit repair has to come after to help you maintain debt-free so your score has to go up,” Maricel, the founder of MDN, said.
Live a debt-free life!
Debt settlement may be a viable option for people frustrated by their financial situation but do not want to file for bankruptcy. If you can acquire enough money quickly enough to make an excellent lump-sum offer to your creditor, this is a realistic choice.
Now is the time to be debt-free!
Conclusion
Major Debt Negotiators provide financial relief and credit assessment for Americans bound by bankruptcy. We offer debt settlement services to help you achieve financial independence. Live a debt-free life now! Give us a call at 877-350-2062 for a free consultation. You may also visit our website at www.majordebt.com. We are located at P.O Box 297633 Pembroke Pines, Florida, 33029.