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Fast Track Debt Relief, Inc.
Wednesday, January 17, 20185eKomi
This process so far makes me feel so much relief. The staff has been extremely kind and helpful.
Fast Track Debt Relief, Inc.
Thursday, March 1, 20185eKomi
It was a wonderful experience dealing with *** @ Fast Track Debt Releif. Very helpful in every way. Thanks again
Fast Track Debt Relief, Inc.
Thursday, February 1, 20185eKomi
The experience with Fast Track has been very easy and *** was very nice and professional, she made sure that I understood everything upfront.
Fast Track Debt Relief, Inc.
Wednesday, May 3, 20175eKomi
My experience with this company has been nothing short of fantastic. I would like to point out especially the excellent customer serve by ***. She was always available, cheerful and worked hard t...
Fast Track Debt Relief, Inc.
Thursday, March 8, 20185eKomi
Fast Track was a pleasure working with. I was really struggling with paying off my debt and they were able to help me lower my payments and pay them off quickly.
Fast Track Debt Relief, Inc.
Wednesday, October 4, 20175eKomi
This company made sure I was not only aware of what I needed to be but also made sure I was comfortable with my decision.
Fast Track Debt Relief, Inc.
Thursday, September 14, 20175eKomi
I think Nelson Casas explained everything to me and made my decision very easy. Thank you ***
Fast Track Debt Relief, Inc.
Thursday, September 14, 20175eKomi
So far everything has been great! Brad is great to work with and so is the attorney. Prayers that everything goes right with our creditors so we can be debt free before too long!
Fast Track Debt Relief, Inc.
Sunday, June 25, 20175eKomi
Something unbelievable but true this program really helped me a lot so far
Fast Track Debt Relief, Inc.
Friday, August 25, 20175eKomi
My experience has been excellent. Everyone that I came in contact with has been very good.
Fast Track Debt Relief, Inc.
Saturday, August 19, 20175eKomi
Great experience. Very professional.
Fast Track Debt Relief, Inc.
Wednesday, January 3, 20185eKomi
To date it has been quick, courteous and mind relieving. Thank you so much for working with me to resolve my debts.
Fast Track Debt Relief, Inc.
Friday, December 1, 20175eKomi
Thus far, the service and assistance have been fabulous. Everything is explained very clearly, and, if there are still questions, they are more than willing to explain until you have a full underst...
Fast Track Debt Relief, Inc.
Monday, September 18, 20175eKomi
Andrea Scott has been more than just helpful. She has explained everything completely. She has answered all of my questions. Great service.
Fast Track Debt Relief, Inc.
Friday, October 6, 20175eKomi
Every one that I had contact with were knowledgeable and experienced. Their willingness to make sure that I fully understood every part of what I needed to know to participate in the program.
Fast Track Debt Relief, Inc.
Thursday, October 12, 20175eKomi
Very professional and kind. It was hard to go this route because I've been in this situation about 8 years ago. You people are very kind and understanding.
Fast Track Debt Relief, Inc.
Saturday, June 10, 20175eKomi
What can I say!! Fast Track Debt Relief was a Blessing in Disguise and Life Saver for me and my family. With over $60,000+ in debt, we turned to Fast Track Debt Relief for assistance. They set up...
Fast Track Debt Relief, Inc.
Friday, July 28, 20175eKomi
Very helpful and professional. I was treated like family
Fast Track Debt Relief, Inc.
Sunday, March 4, 20184eKomi
It was a pleasure to find that there is some one that still help the one that really need it. And take the time to listen and to exlpain thing so that you can understand.
Fast Track Debt Relief, Inc.
Thursday, February 22, 20185eKomi
To whom it may concern, it was a great pleasure working with you and the group. I couldn't have done this without you.
Fast Track Debt Relief, Inc.
Wednesday, August 9, 20175eKomi
I had a very courteous, polite and extremely well knowledgeable about the information I received. All my questions were answered.
Fast Track Debt Relief, Inc.
Friday, October 13, 20175eKomi
*** has help me and explain their business and I am satisfy and very please. I have heard from my attorney very please with him.
Fast Track Debt Relief, Inc.
Tuesday, July 11, 20175eKomi
My experience has been both beneficial and it has relieved all of my stressors in regard to my dealings with my creditors. Everyone has been really helpful.
Fast Track Debt Relief, Inc.
Saturday, July 22, 20175eKomi
I like that they take time to Answer all my questions and don't feel rushed when I talked to them.
Fast Track Debt Relief, Inc.
Friday, November 17, 20175eKomi
My experience with Fast Track has been wonderful due to the concern Ms. *** has. She was so helpful in getting me to understand the plan.
Fast Track Debt Relief, Inc.
Saturday, November 4, 20175eKomi
***was awesome he addressed my concerns and was able to put me into a payment I feel comfortable about making.
Fast Track Debt Relief, Inc.
Friday, December 8, 20175eKomi
My experience with Fast Track thus far has been superb. I felt very comfortable going through the process.
Fast Track Debt Relief, Inc.
Wednesday, May 3, 20175eKomi
I had been so over whelmed with being in debt and truly saw no way out. And with the help of *** and *** I am officially DEBT FREE. I cant begin to tell you how good this feels. And for some time...
FAST TRACK DEBT RELIEF ADVICE BLOG
OCT 11, 2017, WEDNESDAY
Debt-Relief-Company--Fast-Track Signs it's Time for a Debt Settlement

Debt settlement can be a powerful tool for helping you climb out of debt. There is a lot to know about the process. Take it step by step and you may be able to dramatically reduce the debt you owe -- and the time it takes for you to pay it back. You engage in this process through a debt relief company. Let's look at how it all works:

 

Debt Settlement

 

Debt settlement is targeted toward unsecured debt. This means debts on things like credit cards and bills, including bills that are in the collections stage. This process does not cover secured debt, which includes mortgages, car loans, etc., which have a physical object that can be repossessed in the case of default

 

In this case, the lender can repossess a car or foreclose upon a house. These companies typically have no interest in negotiating down because a secured debt already gives them the ability to take the collateral against which the debt is secured.

 

For unsecured debt like credit cards,though, the creditors don't necessarily have a way of reclaiming a portion of that debt. Some people eventually pay it back, but many don't. For them, debt settlement can be a way of recouping a portion of the money while forgiving the rest. In short, for credit card companies, something is better than nothing.

 

Paying nothing back isn't usually in the interest of the debtor either. This can have long-lasting financial repercussions, may result in legal actions, and can even lead to bankruptcy down the road.

 

Therefore, debt settlement acts as something of a middle ground. Creditors see a portion of what they're owed back instead of nothing, and debtors can pay some of it back in order to have the rest forgiven. A debt relief company can negotiate an agreement that benefits both parties.

 

Debt Settlement Advantages

 

A debt relief company is experienced when it comes to negotiating with creditors. They're also skilled at looking at finances and making a clear picture out of what you can realistically manage. You must be upfront with them about your finances and your ability to pay. If you lie or misrepresent your situation, you'll only hurt yourself. They're there to negotiate a settlement that can help you climb out of debt, so if you're honest with them, they can create the best picture for you.



A debt relief company cannot charge any fees up-front. Instead, they are compensated a portion of what they save you. This incentivizes them to maximize your savings. It is in both of your best interests.

 

You can negotiate with lenders yourself, but a debt relief company is more experienced -- and less intimidated by the process. They will ensure that the settlement includes a plan that is feasible for you. They work with numbers, and they're objective about what they think you can and can't accomplish in a settlement. Their objectivity is a tremendous asset for you.

 

Are There Drawbacks?

 

Collectors won't stop calling you until the process is complete. You can avoid this by telling them to stop calling you. By law, they're required to stop once you instruct them to, whether you've made a debt settlement or not.

 

Timing is crucial, and you should discuss it with a debt relief company. You don't want to tank your credit because you stop payments when you also pay your settlement. You'll need to tell your debt relief specialist that this is a priority of yours. With good timing and communication between parties, you should be able to mitigate this effect.

 

As mentioned above, a debt relief company does charge a fee. This is only taken as a percentage of what you save and the rates are reasonable – typically between 10% and 15% of what you saved. Think of it this way: if you owed $10,000 and they got you a settlement for $5,000, they may take 10% of the $5,000 you saved as a fee. That's a $500 fee. You still saved $4,500 at the end of the day. That's a lot better than you'll do with any other approach short of bankruptcy – and debt settlement avoids some of the long-term negative impacts that bankruptcy causes to your credit and financial situation.


All in all, debt settlement is a powerful tool for climbing out of debt. Not everyone will qualify, and it won't be the best option for some – but for many, it's an excellent option for climbing out from under the burden of debt.

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Testimonials
"Fast Track's Debt Relief financial specialists can give business owners the peace of mind that comes with knowing that the effort has been made to have business debt problems finally settled with Fast Track's help."
Rebecca G.
"The staff was great. They treated me with the upmost respect and answered all of my questions in a timely manner. Thank you!"
Janet A.
"Thank you so much. I never meant this to happen. I felt so bad inside; I always tried to pay my bills. Thank you for all of your help. I do not ever want more credit cards."
Ginger J.
"Thanks so much for your help!! I am so glad this is all over!!"
Melissa H.
"The people of Fast Track are very concerned with the client. They are life changing in our case. Thank you."
Joe L.
"Thanks to all your staff; for the many girls and boys I've alked to. They were always so helpful to answer all of my questions and concerns. I would highly recommend this company to help others in need. Thanks again!"
Tanis P.
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