Debt Settlement: Learn the benefits of our debt settlement program

Debt settlement, also known as debt arbitration or debt negotiation, is the art of debt reduction in which the debtor or creditor agree to reduced an outstanding balance.

Debt settlement occurs when we "settle" your debts with your creditors. This option is available to those members experiencing financial problems or who have fallen very far behind on their payments.

We guarantee, in writing, to settle your debts to 55% or lower. We are proud to inform you that we strive towards superior customer service as well as professional negotiation skills.

1. Drastically reduce the outstanding debt

    Debt Settlement eliminates the outstanding debt saving thousands of dollars, so
    that the debtor may only have to pay a portion of the original debt. It provides the
    opportunity to pay off creditors quickly and efficiently. Creditors will likely settle
    because they would rather obtain some funds paid than have the debtor declare
    bankruptcy.

2. Reduces Interest Rates Charges or extra charges

    Every time a debtor misses a payment, or is late, creditors can raise the original
    interest rates and charge outrageous fees. If the debtor has a balance, then the
    interest and fees can drastically increase. Debt settlement eliminates the interest
    and reduces the amount owed by approximately 50%

3. Legal action avoidance

   Creditors can file a lawsuit to a debtor if the debt is not paid. Some of
    the legal actions can be wage garnish, judgment, levies or properties
    liens. However, making arrangements with creditors and committing to
    repayment plan will avoid most legal actions against a debtor.

4. Bankruptcy Avoidance

    Bankruptcy not only ruins your credit for up to ten years, it can also
    affect the company’s decision to hire you. Hiring companies look at the
    applicant's credit to assure they are hiring someone trustworthy, especially if the
    work relates to dealing with money or anything sensitive. Bad credit, as a result
    of bankruptcy, could also prevent you from being able to rent an apartment,
    obtain a mortgage, or get a loan for a car.

5. Conveniently be debt free in a shorter time

    When a debt is settled, the debtor shortens the time to be debt free, versus
    paying the debt as schedule.

    Example: If the debt is $2,000 and the debtor can afford $250 monthly. If the debt
    is settled and the settlement amount was for $1,000, then the debtor can pay $250
    for the next four months. However, if the debt was not settled and the outstanding
    balance is $2,000, it will take over eight payments to satisfy the outstanding debt,
    plus interest.

6. Eliminate unfair collection practices

    You can avoid unfair collection practices and harassment by debt collectors if
    Fedsco represents you.

7. Convenient payments

    Debt settlement is the only debt management plan that allows the debtor to
    determine how much the debtor want to pay each month and how quickly you can
    pay it all off. Debt consolidation and debt counseling both create set payments
    and schedules that a member must abide by.

8. Lastly but most importantly - your settlements

     We are proud to mention that we are a debt settlement company, that offers a
     settlement guarantee. We are confident with our professional negotiators and
     we put that we place our foot on our mouth is. We will negotiate your accounts
     down to 55%, or better, or else you obtain your money back (see agreement
     for details). Click on the left to view samples of past negotiations made.

Welcome to our Debt Settlement Page

Eight benefits of our debt settlement program