Zipdebt

DIY Debt Elimination

Today, I would like to share a review of Zipdebt - a do it yourself debt negotiation, debt elimination program. The creator is Charles Phelan, a debt settlement industry insider who has more than 12 years experience on both sides of the debt settlement industry. He has helped start a debt negotiation company and now he has created Zipdebt which shows you what to do on your own. Since debt settlement companies can charge 15% of your debt and if you owe $30,000 for example, that could cost you $4500 in debt settlement fees, he wants to offer a much cheaper alternative to get the same result.

Let's take a closer look at the Zipdebt program:

Pros:

The program is cheaper than hiring a professional debt negotiation company. While most will charge 15% of your total debt, which could amount to $1,500 minimum if you have a $10,000 debt, the program still comes out cheap. By doing the negotiation yourself, you save thousand of dollars. The author himself, an expert and pioneer in debt negotiation, grants clients one on one personal coaching and a one-year email support.

Cons:

Your credit report and credit score may suffer because debt settlement has a negative impact. But this would occur whether you used Zipdebt or any other debt settlement solution.

Costs:

A one-time flat fee of $397 (plus $15 S&H) to get the professional training and coaching you need to settle your own debts for 50%, 35%, even as little as 20% of the balance owed.

Guarantee:

365-Day Moneyback Guarantee. Try if for a year and if you don't like it, send it back and get your money back. You don't get a money back guarantee when you work with a debt settlement company.

Rating:

5 Stars