Should I be wary of any companies offering “instant” debt settlement?

Yes, you should be wary of companies offering “instant” debt settlement in California. Debt settlement in California is a process that must be carefully managed with help from knowledgeable and reputable professionals. With any company offering “instant” debt settlement, you should carefully research the firm and their services before agreeing to any type of program. In California, the California Finance Lenders Law (CFL) requires that a license must be obtained before offering debt settlement services. Companies not licensed under this law are not able to legally offer debt settlement services in California. Be sure to verify that any company you consider is licensed and that their license is up to date. It is important to note that debt settlement often takes several months to see results. This is due to the fact that debt settlement is an extensive negotiation process between the creditor and the debtor. Companies that offer “instant” debt settlement cannot guarantee any results and debt relief may not be achieved as promised. When considering a debt settlement program, you should also be aware of any additional fees associated with services. In California, debt settlement companies must disclose any fees and charges associated with the services. Be sure to review the full cost of fees and charges before deciding to enter into a debt settlement agreement. In conclusion, it is important to be wary of any companies offering “instant” debt settlement in California. It is essential to do your research and understand the terms of any debt settlement program before agreeing to it. Be sure to verify any company’s licensing status and review the full cost of fees and charges associated with the services.

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Should I be wary of any companies offering “instant” debt settlement?

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