debt settlement companies

The Association of Settlement Companies – TASC – An Introduction

The Association of Settlement Companies – TASC – An Introduction

One might wonder what is motivating me to write a series of posts dedicated to The Association of Settlement Companies (TASC).  I must confess that it is in part for the selfish reason of saving myself some time.  One of the core principles behind the founding of Damon Day and Associates was to first and foremost educate consumers, by providing honest and straightforward financial advice as it...

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TASC – The Association of Settlement Companies – A Closer Look

TASC – The Association of Settlement Companies – A Closer Look

I started writing this article a number of months ago and it has sat collecting digital dust until some recent events at the FTC caused me to pick it back up. My intent is to provide a perspective on a Debt Settlement industry organization known as The Association of Settlement Companies (TASC). I will tell you right up front that my perspective will be very different than the one you will get...

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Debt Settlement Companies – Top 5 ways they can Screw you!

Debt Settlement Companies – Top 5 ways they can Screw you!

Debt Settlement Companies are the solution to all of your debt problems.  No matter how much you are struggling or what the circumstances are, they will step in and resolve all of your problems.  Just turn everything over to them and rest easy knowing your financial future is secure. Sounds a little far fetched don’t you think?  Well if you have ever seen, heard, or read any of their...

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Top 5 Reasons Most Debt Settlement Companies Fail their Clients.

Debt Settlement Companies are everywhere.  You have seen the ads on TV and heard them on the radio. You know, the ones where they promise to cut your debts by up to 70%, stop the creditor phone calls, lower your monthly payments, and make your life so blissfully happy that you will wonder how you could have ever lived without them. In reality, I would rate most Debt Settlement Companies as...

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Debt Settlement Radio Ads Make my Head Hurt

Earlier today I was pulling into my driveway after a fun family weekend at Disneyland with our two boys and on the radio pops another advertisement for a debt settlement company.  Of course doing what I do, I always turn up the volume when I hear these types of spots.  This one seemed to rub me the wrong way more than they usually do.  The spot was essentially implying that this specific...

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Debt Settlement is coming out of the closet?

I woke up this morning, poured the last of a pot of coffee into my cup (my wife usually drinks most of the pot before I get out of bed) and sat down with the modern day newspaper, my google reader.  I came across a story in the New York times about debt settlement.  The second thought that came to my head was a little amazement about how many articles I have seen lately on the topic of debt...

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