Iowa is seen as America’s heartland and and everyone at Pay As You Settle (PAYS) wants to make each Iowan debt free. We understand that Iowa has a rich culture from the time of the Louisiana purchase and has become popularly named the heart of corn belt as well as the “Food Capital of the World.” We at PAYS wants every Iowan to be educated about debt settlement and bankruptcy. As the first lesson, Iowa adheres to the Fair Debt Collection Practices Act and they do not license any debt collectors. Debt collectors that reside within Iowa who have collected $25,000 in any given year are required to register with the Attorney General’s office and pay the annual $10.00 fee. Debt collectors have to send a letter to the consumer within five days initial contact, confirming the phone call. This letter has to contain the amount that is owed and are not allowed to charge more than than that. If the consumer feels does not have the necessary means to pay the creditor back, they can use a debt settlement company that can reduce it by an average of 40%. Below is a quick lesson about debt settlement, if you are interested fill out the form on the left or give us a call at the number below.
Iowa debt settlement is the perfect solution for consumers who are deep in debt and seeking a debt solution. Pay As You Settle is a fully compliant Federal Trade Commission (FTC) debt settlement program that was created for the consumer. Earlier this year the FTC created a law stating that debt settlement companies cannot charge for 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 PAYS program understands that everyone can be in debt at any time and that there are no stereotypical customers. Our first step in the debt settlement process it to listen before we act. The second part of the debt settlement process involves negotiating with creditors and banks to reduce the overall debt into a lump sum payment. Most debt settlement companies are able to work with unsecured debt; these include medical and credit card debts. Student loans, auto financing and mortgages are secured debt, these cannot be negotiated. Collection Agencies buy the debt from the creditor at a fraction of the overall cost. Since collection agencies have bought the debt are known to unethical tactics, such as harassing consumers, telling the consumer they will get arrested if they do not pay, etc. It is illegal for collection agencies to to threaten the consumer with bodily violence, arrest, harassment plus a slew of other things. Instead of dealing with a collection agency, move towards a good debt settlement company, they can cut the balance of the debt by 35-50% and then pay the creditor with a lump sum to resolve the debt amount.
Most traditional debt settlement programs in Iowa charge up front fees, PAYS does not charge upfront fees. We only charge once a reasonable settlement has been reached. We help guide the consumer through the debt settlement program and deal with creditors and collectors on their behalf. Everyone comes in with unique circumstances and our dedicated negotiators work on each case differently to make sure each customer gets back on track to their financial well-being.
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
