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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, 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.
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, August 25, 20175eKomi
My experience has been excellent. Everyone that I came in contact with has been very good.
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.
Wednesday, August 9, 20175eKomi
I had a very courteous, polite and extremely well knowledgeable about the information I received. All my questions were answered. We need more customer service like this young man.
Fast Track Debt Relief, Inc.
Friday, July 28, 20175eKomi
Very helpful and professional. I was treated like family
Fast Track Debt Relief, Inc.
Saturday, August 19, 20175eKomi
Great experience. Very professional.
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, Inc.
Sunday, June 25, 20175eKomi
Something unbelievable but true this program really helped me a lot so far
MAY 05, 2017, FRIDAY
Pay-Off-Your-Debt--Fast-Track The Benefits of a Debt Relief Program

If you're in dire financial straits, there are a range of steps you can take to pay off your debt. One of the most effective is a structured debt relief program such as debt settlement. This is a well tailored solution for many who face a mountain of debt -- and who want to climb out.

What is Debt Settlement?

This is a method of debt repayment that involves negotiating with your creditors. Debt specialists do this on your behalf, arranging for a partial payment to be made as a way of fully resolving the debt. This partial payment may be made all at once or over a span of time.

How does it work? One of the biggest risks that creditors face is unpaid debt. Customers may begin to pay off their debt but lose the ability to make consistent payments. Others don't even attempt to tackle their debt. As a result, creditors need to employ people to pursue these unpaid debts. Thus, it's often more cost-effective to accept a fraction of the amount owed immediately or over a briefer span of time rather than going after a full payment.

If you can make a debt settlement work, you may only pay half of the full amount -- or even less. The trade-off is that you have to make that partial payment more swiftly, rather than the full payment over time.

Benefit #1: Avoid Bankruptcy

For many in debt, declaring bankruptcy is one of the only other options. A debt relief program such as debt settlement is usually far more preferable than declaring bankruptcy. Bankruptcy stays on your credit report for 10 years, and even after this, many job and credit card applications may inquire as to whether you've ever filed bankruptcy. If you lie about this, you can be found guilty of fraud.

Debt settlement stays on your credit report for seven years, and it doesn't carry the same stigma of bankruptcy to a potential future employer or creditor. Unlike bankruptcy, there aren't any public records concerning debt settlement. That means that jobs and credit card companies don't ask about it and won't be able to see it after that seven year period is up.

Benefit #2: Immediate Relief with Lump Sums

You have to qualify for debt settlement in order to enter into an agreement. This agreement is based on your ability to pay. If you're in a situation where you can't get the money together to make a debt settlement, then it is not the right option for you.

If you can make that debt settlement, then you walk away having erased your debts at a fraction of their total value. This is favorable even to the creditor's repayment schedule because you won't have accumulated interest over time, either.

This is in the interest of the creditors as well, since they know your next option may be bankruptcy. If you file bankruptcy, they'll often see less repayment than if they'd simply entered into a debt settlement with you. There are advantages for both you and for the creditors, so it makes a useful middle ground for compromise.

Debt settlement using a lump sum can mean becoming debt free immediately at a fraction of the debt's total value.

Benefit #3: Swifter Relief with Repayment Plans

If you can make the lump sum, then you can pay off your debts at a fraction of their value. But if you can't, you can still have a viable debt settlement strategy. If you can make payments over two to four years, a debt relief program can still be negotiated in a way that saves you substantial amounts of money.

This involves negotiating a monthly payment plan that amounts to a portion of the total you owe, paid more swiftly than the years or decades offered on the creditor's repayment plan. This still allows you to pay less than you owe. It is amenable to creditors too because they receive payment faster.

Are There Drawbacks?

There are a few trade-offs to be aware of. As mentioned, though it lacks the stigma of bankruptcy and public records won't survive after those seven years, debt settlement does appear on your credit report for seven years. Your credit may be affected, and you may also be charged taxes on the amount of debt that you've saved. This is something that should be clearly explained when you meet with your debt settlement negotiator about your debt relief program.

For many, these trade-offs are well worth cutting down the amount they owe to a more manageable sum. If it's right for you, it can help you get out of debt more quickly.


Be careful about debt settlement companies, and make sure you connect with a reputable one. You'll never be charged anything until the debt settlement agreement itself goes through, and what the company is paid is only taken out as a percentage of the amount they save you. This gives them an incentive to save you even more money. It's a good system for all involved, and a good way for the person in debt and their creditors to come to a resolution about a stressful life situation.


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"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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