Photo By Andres Ruedas

It’s no secret that Better Businesses Bureau are not fans of debt settlements companies. According to the Better Businesses Bureau, most debt settlements companies do not do what they’re supposed to do, which is ensure that creditors are getting paid as agreed to by the consumer.  This would be a serious problem if it were true in most cases.

According to The Association of Settlement Companies, the Better Businesses Bureau “felt that the creditors had a right to get paid and that debt settlement obstructed that right. Included in this general line of thought was that debt settlement companies tell consumers not to pay their debts or that the business model ‘educates’ consumers not to pay their debts.”

Unfortunately for the Better Businesses Bureau, this could not be less true of most of the debt settlements companies out there today. (more…)