Debt settlement is a challenging task for those in debt and thus they prefer to rely on the debt settlement companies. These debt negotiation servicing providers help the debtors in achieving debt settlement by employing various affiliate programs. The debt settlement servicing company works in cooperation with the back end service provider to provide immediate debt relief to their clients.
The back end service providers leverage their contacts with the creditors in helping the debt settlement firms provide faster and better servicing of their clients’ debt resolution files. The tasks undertaken by the back end service providers on behalf of the debt settlement firms include:
Negotiating with the creditors to reduce the final payable amount for the debtor (sometimes by even 50%)
Negotiating with the creditors to extend the term of payment and reduce the monthly installment for the debtor
Educating and counseling the debtors about ways of investment for better returns
Handling all the collection calls from the creditor to the debtor
About Settlement Corporation of America (SCOA)
Settlement Corporation of America http://www.settlementcorporation.com - a debt settlement company working in affiliation with various debt affiliates.
Tuesday, February 9, 2010
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