The practice of profiling grew rapidly in recent years.
This practice plays a leading role in the way creditors and debt collectors deal with customers.
Creditors profile customers to optimize the collection process.
As a result, each customer is presumed to respond to petty tactics and personal insults when accounts are severely past due.
Logic and reason may no longer apply as collection calls increase.
Collectors ignore a customer's legitimate personal emergencies.
Collection calls become monotonous and more aggressive.
Fortunately, each person experiencing a profiled debt collection process has a ready means available to end the nonsense.
Professional debt settlement firms intervene in the collection process.
Immediately, account holders inform collectors and creditors of enrollment in a consolidation plan.
From this point forward, account holders deal only with a plan counselor.
A plan counselor initiates negotiations by taking a leading role and contacting each creditor.
The best debt settlement firms begin by interviewing each client extensively.
Counselors review all accounts and payments required.
During an initial conversation, counselors discuss accounts and the cause for late payments.
From a counselor's point of view, late payments are nothing more than a symptom of an underlying cause of financial difficulty.
The cause of financial difficulty, once established, becomes the foundation for future settlement discussion with creditors.
Professional debt settlement firms work cooperatively with lenders nationwide.
These firms hire highly experienced negotiators who remain in constant contact with major banks and credit card issuing companies.
The best firms know each bank's settlement policies, current practices, and the maximum possible reduction in amounts owed.
Firms prepare documentation of each negotiating point before contacting creditors and promise document delivery in the first settlement conversation.
Over years of delivering on promises, professional negotiators develop trust and credibility with a wide assortment of commercial lenders.
Settlement discussions may last a few minutes when relying on inside access and trust.
The same result is not available to individuals who attempt to contact a creditor directly.
The best debt settlement firms provide financial services nationwide.
Clients in all U.
S.
States may participate in consolidation plans and enjoy an immediate reduction in monthly payments.
All top-rated firms develop a history of successful negotiations and strive to maintain a pristine reputation.
Complaint histories are available from independent sources that may include the Better Business Bureau, government regulatory and licensing agencies, and professional trade organizations.
Information about the settlement process, estimated payment reductions, required documentation, and all associated costs are available free of charge.