Indiana debt settlement is a legal solution for consumers who are in debt and seeking bankruptcy alternatives. Pay As You Settle (PAYS) adheres to the Federal Trade Commission (FTC) ruling for the debt settlement industry. Earlier this year the FTC ruling stated that any debt settlement company cannot charge fees before services are rendered (settlement has been reached). Since PAYS was created with the consumer in mind,this program began months before the law became intact. The process of debt settlement negotiations begins with the creditors and negotiating a rate that works for the consumer and reduces the overall debt into a lump sum payment. The types of debt most debt settlement companies work with involve unsecured debt; these include medical and credit card debts. Debt settlement companies cannot work with student loans, auto financing and mortgages because they cannot be negotiated. Since these types of debts are privatized they are referred to as secured debt. Collection Agencies (junk debt buyers) usually agree to take less than the owed amount to the creditors since they bought the debt at a fraction of the overall cost. 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.
Pay As You Settle (PAYS) is a program developed by Prestige Financial Solutions that has become an accredited leader in the debt settlement industry. PAYS has been a leading the struggle for consumer’s rights with the inappropriate practices by many traditional debt settlement companies. At PAYS we have always practiced great customer service and listening is our first step. Each customer has their own story to tell because everyone has a unique circumstances. Our goal is help you regain a sense of financial control. PAYS will deal with creditors and collection agencies on your behalf so you can rest easier at night. As an Indiana Debt Settlement company PAYS does not accept payment before a settlement has been reached.
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
