Negotiating With Credit Card Companies
Many consumers are under the false assumption that they need to hire an attorney when negotiating with credit card companies to settle debts. The reality is that anyone can attempt to negotiate with creditors including the consumers themselves. I don’t want to imply that there are not attorneys out there who can effectively negotiate with creditors, but unfortunately there are many sales organizations working for large debt relief attorney firms that often utilize scare tactics and misinformation to sell their services. Negotiating With...
read moreHave You Been Scammed or Ripped Off? How to Get Help and Get The Problem Resolved.
If you feel like a company you paid for a service has not delivered the best place to start to attempt to resolve the issue is to contact the company directly. If you’ve tried repeatedly to get your issue resolved by sending an email or leaving voicemail and that’s not getting any attention, send a letter by some traceable means that provides you with proof of delivery. A signature or name of who signed for it is even more beneficial. The least expensive service to use of to send your letter through the post office by certified...
read moreDebt Relief Scams Dominate Debt Settlement Says NY Department of Consumer Affairs
Debt Relief Scams The New York Department of Consumer affairs recently announced that they consider debt settlement companies who charge consumers upfront fees to be the biggest fraud of the year. We couldn’t agree more. Even though recent laws have thankfully forced debt settlement companies to stop charging upfront fees and finally start putting their clients first, there are still a large number of programs who seem to have not quite gotten the message. In the past year, regulators have sent a clear message to upfront fee debt relief...
read moreDebt Settlement FAQ – Straight From the Experts
With so much misinformation floating around the Internet about debt settlement, we would like to provide consumers with a resource for getting honest answers to their debt settlement questions. Deciding whether or not to employ a debt settlement strategy to climb out of debt is not a decision that should be taken lightly and without the straight facts, a consumer is very likely to make the wrong decision. So rather than make important financial decisions based on information learned from a random debt settlement affiliate sales person, the...
read moreCredit Card Debt Lawsuit – 5 Things You Must Know Before Settlement
When consumers are forced to fall behind on their maxed out credit card bills in order to pay for their necessities, one of their biggest fears is the possibility of receiving a debt collection lawsuit for their unpaid credit card debts. For many, the fear is so strong that they will unwisely drain all of their savings and retirement accounts in an attempt to fight a losing battle maintaining minimum payments. Often times, consumers facing this situation will explore the option of negotiating their debts down to a lower amount, in an attempt...
read moreTop 5 Reasons You Should Never Pay a Debt Settlement Company Upfront Fees
These days there is more confusion in the Debt Relief market than ever with the passage of new consumer protection laws in 2010 banning debt settlement companies from charging their clients fees before they perform settlements. Sadly, this has not stopped numerous shady operators from looking for loop holes and continuing to gouge consumers with high, unnecessary and unethical upfront fees. Legality aside we put together a list of the Top 5 reasons that a consumer should never consider enrolling with a debt settlement company that charges...
read moreAlex Viecco – Trials and Tribulations of Navigating a Legitimate Company in a Sea of Ne’er-do-wells
As one of the founding members of the newly formed American Association of Credit Counselors (AACC), Alex Viecco was invited to contribute an article to GetOutOfDebt.org, sharing his thoughts on the state of the Debt Settlement industry today. Alex sheds some light on how the industry has changed over the last decade and how “shady operators” continue to make things difficult for legitimate companies to reach consumers in need. Here are some excerpts from the article: Plenty of wrong doing, money hungry people have come and gone....
read moreNew Era Debt Solutions Scam or Not?
With all of the upfront fee debt settlement programs, and just flat out financial scams floating around out there today, it is more important than ever for consumers to take their time and properly review any company they are potentially entrusting their financial futures to. Given that this article is posted on the New Era Debt Solutions Blog, you might feel that an article titled New Era Debt Solutions Scam, is going to obviously show New Era not to be a scam. So rather than explain all of the reasons why we feel that we are one of the best...
read moreAs an Accredited Member of The BBB For 10 Years, New Era Debt Solutions is Proud of Their A+ Rating
New Era Debt Solutions BBB Among the many industry badges you can often find plastered on debt settlement websites, the one badge typically missing is for the BBB. The reason for the absence is simple. If a company has a lot of complaints, or a very unfavorable rating, they certainly are not going to highlight that blemish by providing consumers with a direct link to it. Over the years, the blatant consumer abuse by most operators in the debt settlement space has caused the BBB to give most all debt settlement companies very unfavorable...
read moreNew Era Offers Consumers a Free Copy of Gerri Detweiler’s New Book, Reduce Debt – Reduce Stress
Gerri Detweiler: Reduce Debt, Reduce Stress For a limited time New Era Debt Solutions is giving away free copies of Gerri Detweiler’s new book, Reduce Debt Reduce Stress – Real Life Solutions For Solving Your Credit Crisis. Gerri’s newest book, was written with co-authors Marc Eisenson and Nancy Castleman, and is designed to help you find a solution for your money troubles. Starting with a simple effective “Debt Triage” chart, you’ll learn which options for conquering debt can work for you, including...
read moreNew Era Debt Solutions – Proud to be a Founding Member of the American Association of Credit Counselors
American Association of Credit Counselors After taking a stand for consumers and revoking its membership in TASC several months ago, New Era Debt Solutions has been working with a small handful of consumer focused debt settlement companies and consumer advocates to form the New American Association of Credit Counselors (AACC). This small and unique group of companies have been running their businesses in a very consumer focused way for many years and were doing right by their clients long before the FTC was forced to step in and require the...
read moreNew Era Debt Solutions Takes a Stand For Consumers and Publicly Revokes Its Membership in TASC
When New Era first applied for membership with The Association of Settlement Companies (TASC) several years ago, it was to become part of an organization with a very noble goal of creating Debt Settlement standards and practices to help protect consumers. Unfortunately, TASC took its eye off the ball and eventually became what appeared to be an industry association simply looking out for the best interests of the association members and not for consumers themselves. As a company we started to see these changes taking place rapidly over the...
read moreNew Era Debt Solutions Offers a Much Welcomed Life Line In The Turbulent Waters of Debt Relief
It’s no secret — Americans love to spend. As consumer debt continues to grow, Americans are now entering uncharted waters. According to CardWeb.com , 43 percent of American families now spend more than they earn each year. The nationwide fiscal fallout has resulted in personal bankruptcies doubling over the past decade. According to the Associated Press, bankruptcies are soaring, and in 2009 1.41 million Americans filed for personal bankruptcy. This is a 32 percent jump from 2008. Although bankruptcy has a negative impact on a ...
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