Debt Settlement Explained
Avoid 3rd-party programs | Settle your own Debt | Save Time & Money
100% Free Educational Information for Debt Settlement
What is Debt Settlement?
Start by learning what Debt Settlement is.
While there are many advertisements these days about it, it is important to understand the full scope of what is involved before deciding if it’s your best option to get out of debt.
Why Programs Fail
Find out the surprising statistics that 3rd-party Debt Settlement companies DON’T advertise.
In addition, learn what goes wrong with these programs and why you can settle your own debt with a far higher chance of success.
How to Settle Debt
Lastly, learn how to actually settle your own debt on your own – WITHOUT a program.
Despite the rhetoric spread by 3rd-party companies, it is incredibly simple & easy to settle your own debt. Click the link above to learn how.
Getting Started
Ready to start?
Make Your Own Debt Settlement Savings Plan
Done your research and decided that settling your debt is your best option to regain your financial independence? Take the next step and put together a customized Debt Settlement Savings Plan, which will help increase your chances of success and give you a roadmap to help keep you on track.
What is Debt Settlement?
Yes, we accept reservations. Please call us or book online through our website.
Does this cost money?
No, in fact, the entire point of this website is to help you save money. By avoiding 3rd party programs, you’ll save more time, money, and increase your chances of success by settling your debt yourself.
Click Here To Learn Why.
Do you offer free consultations?
Yes! All consultations are 100% free and can be requested at This Link.
Why do 3rd-party programs fail?
3rd-party programs fail primarily due to two (2) main factors:
1) The initial estimates for those programs are inherently flawed, as they do not take into account the increased balances of the debts owed due to late-fees & interest.
2) Due to the 3rd-party company’s fees, there is typically not enough projected savings to actually settle the debt, especially taking into account the previous factor of flawed estimates.
Is settling my own debt risky?
Of course, there are no guarantees when it comes to getting out of debt. A large part of our struggle to get out of debt is due to circumstances beyond our control.
That said, settling your own debt vs. using a program has tremendous advantages and will typically only increase your chances of success.
Click Here to Read More
How will creditors react if I try to settle directly?
One of the major factors that 3rd-party ‘debt relief’ companies will avoid telling you, or outright lie about, is that creditors are often the most aggressive when they see that you’re paying a 3rd-party a service fee to settle your debts with them.
In general, creditors are a lot more understanding and lenient when you simply work with them yourself. When a 3rd-party reaches out to a creditor to settle your debt, creditors often take this as a sign of trying to get out of debt, even though you have the funds to be able to pay it off. As a result, creditors will often become more aggressive if they’re contacted by a 3rd-party, instead of you.
Need some help? Have a question and didn’t see it mentioned?
Ask one of our Debt Specialists!
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About Us
Debt Settlement Explained is a website dedicated to helping spread free information about Debt Settlement.
Established by former Debt Specialists, our mission is to encourage more transparency within the Debt Settlement industry.
There are numerous privately owned companies that rely on manipulative & dishonest sales tactics; we are here to expose these flaws within the industry.
The FTC estimates that roughly half of Debt Settlement clients successfully graduate.
Learn why these programs fail and why you have a better chance at becoming debt-free on your own – without 3rd party help.
In addition, you can also learn how to use the same tactics that the top Debt Relief companies use, but customizing them so they actually work for your specific situation, while avoiding unnecessary fees.