The Difference Between Debt Relief Companies

Debt relief companies differ in that different companies charge different amount for fees and also perform different quality of work for their customers. Some companies really don’t exert all options in regards to negotiations and want to always go after the low hanging fruit. This may make them look good in the short term but it doesn't really benefit the consumer in the long term. Some companies charge upfront fees while others have a contingency based model. Like with any industry, the debt relief industry has it's differences in opinion. However, there are still certain guidelines we can use to make a well informed decision on comparing one debt relief company from another.

How Important Are Reviews?

Reviews are an important part of any business. They allow us to see how a company interacts with their customers and how well received they are. Reviews can either make or break your establishment, especially if your receiving bad reviews. Good reviews can sometimes be assumed to be the default but if a company gets bad reviews they usually are penalized by the public for it.

How to Compare Reviews?

Everyone has their own preference but Google typically remains the mostly widely utilized platform for capturing reviews. Although there are many other local and third party review sites like Yelp, Facebook, Foursquare, TripAdvisor, etc. As a secondary source you can feel free to check out Trustpilot as well.

A google my business also known as a GMB or google business profile account is great indicator about a business. It's like the local version of a business' website and is great for highlighting relevant information you need to know about the company you're considering using. You can check on our google business profile here.

Website Authority/Trust

You can always look at the genuine feel and trust of a company based on the content posted on their website. If a company posts real pictures from the company and the day to day operations and has a presence online they are demonstrating more trust. If they have a clean looking website with robust attention to detail, this demonstrates that time and care went into it development of the site in order to effectively paint a picture for potential customers. A website is like a full-time employee for any company and one with good UX/UI is not only great to look at but should help you make a decision as well.

Fees

How much a given company charges for fees is important. You don’t want to be overcharged and you want a company to earn the fees that they accrue and to receive fair treatment like any well-minded consumer. You don’t want to overpay for a bad service, like any normal consumer would. There are typically companies that charge upfront fees and then there are companies that are contingency based and only charge fees when they are “earned” and they save consumers money. Thankfully, the industry has shifted towards a “earned fees” approach.

Visibility

Companies that display a lot of visibility and are trying to contribute to the general well of knowledge for the public should be viewed as trustworthy. They are trying to add to the betterment of society and increase knowledge for all, this is a good thing and something that hopefully everyone benefits from.

Results

You should always try to compare companies based on the results they provide. The results are one of the most important parts for many consumers however they aren’t always publicly available. Due to this it is difficult to be able to gauge but when you speak to a company you can ask for typical results or what a realistic estimate is based on. Although the results are different everyone this might be the only way to get a realistic estimate. Ask you debt settlement company for settlement letters to see what kind of results would be possible with their negotiations. If anything they can help provide a little insight.

Results are key to any successful debt relief program, without them the program won’t amount to much. However there are always other consideration we should make when reviewing a company also!