Apr 19, 2023 · ·The purpose of the escrow account and ignoring your debt is to get leverage over your creditors in order for PDS to negotiate with them later. Along with this, they instruct you to update the contact info with your creditors to a phone number they provide you with, so any collection calls you receive are now going to them instead.

Mar 17, 2023 · It sounds like an alternative form of Chapter 13 bankruptcy, only instead of paying a bankruptcy lawyer, you're paying this company, and the debt is never really discharged - e.g., if a creditor finds out somehow that you might have some cash, it reserves the right to sue you to pay (only bankruptcy takes away that right), AND the right to sell ...

Oct 18, 2023 · I researched the company PDS Debt on the BBB (better business bureau) and they have an A+ rating which did take away any hesitancy. if you feel unsure of about this company I encourage you to give them a call. Its way better than sitting in credit card debt for years on end and never paying them off fully.

Jun 27, 2024 · Hey all, Has anyone actually used PDS to consolidate credit card debt? I'm kinda low on more traditional options, so I'm considering it.

Aug 9, 2023 · really well! since it’s a debt resolution service instead of a loan, there’s no interest. it does have a negative impact at first during the negotiation process at the beginning between your debtors and PDS. i have gone forward with the program. have some substantial cc debt (44k) and my whole amount to be paid over the 4.5 years is only 34k. i …

Aug 25, 2023 · 917K subscribers in the debtfree community. A community for people working towards being debt free.

May 28, 2024 · A popular crime YouTube had her sponsor at the beginning which is PDS Debt with Americor which are legit companies. Backed and well known. My debts accumulated from going on four cruises and taking my mom on one. At 23 years old, financially it was dumb but I do not regret one bit.

Jul 17, 2023 · I did an assessment by PDS Debt and talked with their representative and he told me that I'd have to stop making payments for 3 - 6 months and wait for them to negotiate with my creditors. Archived post.

Oct 26, 2023 · I have 22k in credit card debt, I reached out to a program (pds) to help out but im scared of making the wrong decision and ending up in a worse situation than i currently am. Im 27 years olds and want to clear this debt as soon as i can so i …

May 11, 2023 · That’s the only time I recall her actually talking about her debt. (Besides her talking about her paying down credit card debt in general.) If that’s what you’re referring to, those were her federal student loans which can only be serviced by federal student loan services and cannot be bundled through a service like pds debt.