My Online Debt Solutions

The Simple Plan

Do not pay upfront fees! Seriously, do not pay any fees upfront for debt relief services if you are not 100% certain that they will follow through on their promises to get you out of debt. If the contract terms are shady, if they promise you pennies on the dollar, or if they require that you pay before anything is signed, run for the hills. Debt relief services should not come with outrageous fees that you pay up front before any action has been taken. It’s that simple.

That’s why we’ve named our new program The Simple Plan. It’s a brand new program the charges no upfront fees for debt settlement. Inspired by this rough economy and our desire to simply help people out of debt, we offer superb debt settlement services without charging upfront fees.

According to the Consumer Federation of America (and the New York Times), debt relief companies have a horrible tendency to charge upfront fees “without delivering their promised results or don’t disclose what effect the services may have on credit scores or debt collector calls, misleading consumers and leaving them worse off.”

Word to the wise about debt settlement companies; if they make big promises in the beginning just to get you enrolled, it’s probably a bad company looking to make a buck. In this economy, fraudulent debt relief companies prey on the weak, making empty promises and offering a false sense of hope.

In the recent NYTimes article, they go on to mention the proposed debt industry changes that would require complete transparency and eliminate the practice of charging upfront fees. The ironic part of this entire discussion is the ACCORD certified members, like us, have been doing that for some time now.

Susan Grant, director of consumer protection at the Consumer Federation of America, suggests when looking for a debt relief solution, look for a company that doesn’t charge upfront fees. Ms. Grant suggested looking for firms that “charge based on success” or just charge a small fee.

Any debt relief company that is a member of ACCORD follows The Simple Plan, charges no upfront fees, is completely transparent, offers incredible customer service, and, in the end, charges based upon success. The final cost is based upon the amount that the client is saved, not the amount of debt they initially had. It is a template that should be followed by every debt relief company, though it has yet to catch on.

Just remember, it’s simple, like The Simple Plan.  For more information about The Simple Plan, give us a call at 1-877-386-3603 today!