Debt Settlement Services from GFS

IMPERIAL BEACH, Calif. - Dec. 7, 2015 - PRLog -- Thanks to the global economic meltdown, most of the borrowers are struggling with poor credit scores today. Banks are not able to assist their customers during these difficult times because they don’t have the right infrastructure to help them.

Golden Financial Services can help borrowers (saddled with outstanding debts) with their debt relief services or credit card hardship (http://nomorecreditcards.com/debt-settlement) programs. There are a few debt relief options available in the United States of America and debt settlement is one of them.

Debt Settlement
Debt settlement is one of the fastest and cost-effective ways of getting out of debts. Once you apply for the debt settlement program and qualify for the same, you will start understanding its benefits. Debt settlement basically enables borrowers to pay off their unsecured debts within 3 years on an average. In order to qualify for the loan, borrowers must be behind their account payments. When you are behind your payments for a very long period of time, the bank will finally write off your debt and sell it off to a collection agency for approximately 10 – 20 cents on the dollar. Once these collection agencies step in, the debt specialists start negotiating with them to settle your debts for substantially less than what you owe. The established debt relief firm uses their credit contacts and hundreds of clients’ debts as leverage to secure settlement. Most of the collectors end up committing serious FDCPA violations while dealing with borrowers as well. The debt specialists identify these violations and use them to advantage while securing debt settlement.

Borrowers experience declining credit scores at the beginning debt settlement program. The degree of this decline might vary as per different occasions. While some of the borrowers might see a drastic decline others might see that their scores are hurt only to a small extent.

The company only charges fees when the debts are settled and resolved. The debt specialists will help you get out of your debts within a short period of time. They will help you understand your finances better. There must have been certain reasons why you had failed to repay your debts at the first place. The specialists at Golden Financial Services will help you identify the flaws in the way you managed your finance and rectify these flaws as well. In short, they will help you establish a healthier financial future.

About the company
Golden Financial Services is one of the top debt relief companies in the USA, which has earned an A+ rating from the Better Business Bureau. Find out more about their credit card hardship program at http://nomorecreditcards.com/debt-consolidation/bad-credit-debt-consolidation-hardship-program/.