At ASCENT Network, we offer debt settlement, not debt consolidation. Here’s why:
Debt consolidation, is generally put in a reserve, pooled account. The first payment made is to the debt consolidation company. After the fact, funds are negotiated with the creditor. This can skew the consumer’s debt, and prolong financial hardship. Sadly, some debt consolidation negotiators may manipulate the consumer’s debt to their advantage, and even make the consumer’s credit report look even worse.
Debt settlement, however, addresses the consumer’s inability to pay the debt in full, while at the same time, shows the consumer’s responsibility for repayment of the debt. All payments issued using ASCENT’s Debt Settlement and Negotiation Services, are made directly to the creditor by the consumer. ASCENT focuses upon how your credit reports look. In other words, they work to help you safeguard your financial reputation so that you can get the credit you deserve.