Wednesday, November 3, 2010

What Are Debt Solutions Networks?

Debt Solutions Networks is a credit counselor that provides credit repair services to consumers with high debt and bad credit. Having bad credit and high debt is a serious problem that many people ignore; it prevents you from making large purchases and puts a financial burden on you. Debt Solutions Networks gives you advice on how to get rid of your debt and improve your credit.

Benefits

    Debt Solutions Networks will help you pay off your credit card bills, medical bills, tax debt, tax liens, utility bills and phone bills.

Considerations

    Debt Solutions Networks recommends that you check your credit score three times per year.

Features

    Debt Solutions Networks connects you to their network of attorneys, debt consolidation companies and credit counselors.

Effects

    Debt Solutions Networks will arrange for you to have one simple and affordable monthly payment for all of your bills. They will also reduce your monthly payments by up to 60 percent by lowering your unsecured debt. Unsecured debt is any debt that isn't tied to an item or property.

Warning

    Debt Solutions Networks and other credit repair services have had complaints against them. Some consumers claim that these companies don't pay off the debt and rip off their customers.

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