A sub-par debt reduction plan can be as detrimental to your credit rating as the original debt owed. Most likely, your credit rating has fallen dramatically because of large outstanding debts. You may have been delinquent on these debts for an extended period, making your credit rating sink. Our service is about helping you become debt-free in a short amount of time: three years or less.

Often with an ineffective settlement, the debtor will still owe a large amount of money with a high interest rate, so it will be difficult (if not impossible) for the debtor to pay that money off in just a few short years; instead, he or she continues to languish in debt for many years to come. We can also work out a new payment plan so you can pay off your debt more effectively. Not only will the length of the debt be shortened, but the amount of interest owed will be lessened as well.

Even though a settlement will be factored into a credit rating, this is far less egregious than mountains of unpaid debt. In addition, it has far less of a stigma than bankruptcy. Bankruptcy shows that you gave in. A settlement shows that you took the initiative and tried to do something about it.

The idea is not to get out of debt any way you can--if that were the case, everybody would file for bankruptcy. The idea is to deal with debt intelligently and without panic. Think of it this way--even if you have a bad credit rating, it doesn't matter if you can't afford the bare necessities. DTS can help you clear your debts first and then clear your credit rating so you can retain successful control of your finances for years to come.