Missouri enjoys the freedoms under the federal law that protects citizens from harassing debt collectors. This includes the Fair Debt Collection Practices Act and Fair Credit Report Act. The attorney general listens closely to the citizens of Missouri and if there are any issues or the creditors abuse their power, your can report them. The citizens of Missouri also have the ability to make any abuse reports to the Federal Trade Commission. If the creditors are calling to collect a debt, a debt settlement company can reduce the amount of debt a consumer has to pay. Most debt settlement companies have a relationship with the creditors and collectors, with this they have the connections to get your a lower rate on your payments and possibly settle your debt at a lower amount.
Missouri debt settlement is a legal solution for consumers who are in debt and seeking an debt solution that is an alternative to bankruptcy. Pay As You Settle (PAYS) fully adheres to Federal Trade Commission (FTC) ruling about the debt settlement industry. The FTC created a law stating that debt settlement companies cannot charge for fees before services are rendered. Since PAYS was created with the consumer in mind,this program began months before the law became intact. The Missouri debt settlement of Pay As You Settle (PAYS) is the process of negotiating with creditors to reduce an overall debt into a lump sum payment. The majority of debt settlement cases in Missouri involve unsecured debt; these include medical and credit card debts. They type of debt that cannot be negotiated are student loans, auto financing and mortgages. There are known as secured debt, which cannot be negotiated. Most collection agencies (junk debt buyers) agree to take less than the owed amount to the creditors since they bought the debt at a fraction of the overall amount. Most good debt settlement companies can cut the balance of the debt by 35-50% and then pay the creditor with a lump sum to resolve the debt amount.
PAYS realizes that it takes a lot of determination to talk about debt and asking for help. One of the most difficult things to do is ask for help and that is why at PAYS listening is our first step. Everyone one of our customers comes to us with a unique circumstance and unmanageable debt. Our dedicated team of negotiators will negotiate a reasonable settlement that is agreed upon by all parties. Our goal is to help our customers get back on track to their financial well-being.
Our debt settlement program is free* for consumers with any amount of debt. If you feel you need help with your debt, fill out the form on the left or call 1-877-413-0338 to talk to our debt settlement negotiators.
Pay as You Settle® (PAYS) is the nation’s leading and only state-certified pay as you go debt settlement program. Our goal at PAYS is to ensure that each customer gets back on track to financial well-being.
*Debt settlement program is free until services are rendered
