What are the differences between Debt Settlement / Unsecured Debt Relief Program compared against Credit Counseling?
The most important difference between these two programs is that with credit counseling, you pay back all of the debt balances, plus interest and fees, whereas with Debt Settlement / Unsecured Debt Relief Program, you pay back only a portion of your debt load. That’s why Debt Settlement / Unsecured Debt Relief Program is a much faster path to debt freedom (2-3 years) than Credit Counseling (5-9 years). This means a lot less money out of your pocket is used through the Debt Settlement / Unsecured Debt Relief Program approach. Another key difference is that your Debt Settlement / Unsecured Debt Relief Program firm works solely for you, the consumer, and receives no compensation directly from the creditors. In other words, your Debt Settlement / Unsecured Debt Relief Program firm is truly on your side. With a credit counseling agency, there is a dual relationship, where part of their income comes from the client and the majority of it comes from kickbacks paid by the creditors. This creat
