/biz/ - Business & Finance

>>57299665
have you never encountered a fabulist? they physically can't stop lying even after everybody stops believing their bullshit
>Alex Jones
>George Santos
>Jussie Smolett
>Craig Wright
>etc.

>>56104759
debt settlement companies don't provide any unique service; you can save money by doing everything yourself.

how to DIY debt settlement:
1) stop paying your credit card bills. After 180 days they'll be charged off and will no longer accrue interest.
2) when you banks call you asking you to make a payment, tell them to stop calling you. Legally, they have to stop calling you if you ask.
3) start saving money. This is the money you're going to use to settle with your banks.
4) around tax season (March~April) send a letter to every bank to whom you owe money and ask if they'll agree to "pay for delete" in exchange for 30% of what you owe. You can google templates for writing your pay for delete letters; it's easy.
5) if they reject 30% then next year try offering 40%. If they reject 40% then the following year try 50%. Then continue offering 50% every year until they agree to wipe out your debt in exchange for 50% of what you owe.

that's it. This is literally all debt settlement companies are doing. You can do it yourself and save thousands of dollars.

the only good reason to use a debt settlement company is if you have such poor self-control that step 3 is impossible for you.