FAQs
Are your services guaranteed at T2S?
-Absolutely!!!!! If T2S is unable to settle an account, T2S will refund back to you an amount equal to the service fee charged on that particular account balance at initial enrollment. Note: You must have sufficient funds to settle the account in order to be eligible for the guarantee. Can I still use my credit cards while enrolled in your program?We don't recommend keeping credit cards out of the program. However, there are other options. Please call and speak to a customer service representative TODAY! 1-800-123-4567 Do you provide loans?No, we do not provide loans. We provide a debt settlement service which will allow you to satisfy your current obligations without incurring more debt. How much does the program cost?At T2S fees are based on an individual basis and are determined by a Sr. Sales representative. Your monthly payment will be determined by what you can comfortably afford, and is based upon your level of debt, income, and living expenses.How will this affect my credit?The program will have a temporary negative hit on your credit. As soon as your accounts are settled, the creditor will notify the 3 credit bureaus within 30-45 days. Once updated, the account will no longer be revolving and you will see an increase in score. Is Debt Settlement the same as Debt Consolidation?No! T2S specifically reduces your current outstanding total balances 40- 60% * by negotiating settlement amounts with your creditors. Conversely, debt consolidation programs combine your outstanding debts into one monthly payment and secure them with one of your most valued possessions - your home. Debt Settlement Programs can save you thousands of dollars and years of repayment. Typically settlements with all of your creditors will be accomplished within 36 months or less, with a lower monthly payment than any other debt consolidation option. Due to reduction in overall debt, settlement negotiation is rapidly becoming the top method for consumers to eliminate debt. What if my creditors won't settle?There are very few circumstances where a creditor will refuse to settle. As with any negotiation, there are offers and counter-offers at any given time, and in the majority of cases a settlement is reached. Creditors realize that settlement is in their best interest because if a debtor files for bankruptcy, most times the creditor will be left with nothing. FYI-MILITARY STAR WILL NOT SETTLE! What is a certified debt arbitrator?These highly skilled respected professionals are experts in debt arbitration/debt settlement. They are current with laws pertaining to consumer debt. Will fees and interest continue to accrue on my accounts?A lot of companies FORGET to tell you this part. The majority of creditors will charge fees and interest until the account is written off or in other words sent to a collection agency or law firm. Our Certified Debt Arbitrators will arrange the best possible settlement offer. Will the creditors start calling and harrasing me?Yes. As someone goes deliquent with their accounts, especially in the beginning, they will get creditor calls. However, our certified debt arbitrators have developed steps that our clients can use that are effective in reducing and often eliminating phone calls from creditors. |
