 |
|
 |
 |
 |
Q: So what does the program cost
and how do you get paid?
A. Our fees are very competitive,
are based on a percentage of your overall debt, and consist of an
enrollment fee and a service fee. We earn our enrollment fee as
follows: when we perform a budget review, analysis of your accounts,
and file setup; when we have prepared initial correspondence for the
client to send to the contracted creditors directly, and when we
send the program kit to the clients. The service fee is earned as we
engage creditors for settlement, handle creditor calls and
communication, negotiate a settlement of your contracted accounts
and administer the settlement and funding arrangements. If Mutual
Debt Solutions is unable to settle an enrolled account, MDS will
refund back to you, an amount equal to the service fee charged on
that particular account balance at initial enrollment.
Back> |
 |