“If I make that first step, I want to be sure
that I make it with someone I really trust.”
Who you choose to negotiate, manage and settle your financial matters is as important as what they do.
Credentials
TASC™ Member
TASC's™ goals are to promote good practice in the debt settlement industry, protect the interests of consumer debtors, and lobby on behalf of debt settlement companies on the federal and state level. Debt settlement companies act on behalf of consumer debtors to help them in settling their unsecured debts. They do this by entering into direct negotiations with creditors in order to facilitate the repayment of unsecured debts. In return for their services, debt settlement companies are generally paid a fee by the consumer debtor. In order to avoid any hint of impropriety, TASC™ members do not handle, manage, or otherwise control their client's funds.
Membership of TASC™ is reliant upon debt settlement companies being able to demonstrate that they comply with the standards set out in the TASC™ Standard.
The Standards have been developed in consultation with a number of debt settlement companies, discussions with different states' legislators, and major lenders. The aim of the Standard, and that of TASC™, is to encourage debt settlement companies to provide services of the highest standards to ensure the public and the credit industry's confidence.
Related Articles
- Letter to the editor of Consumer Reports Magazine by President of TASC, Chris Kesterson
- Settlement companies protest Better Business Bureau rating system (article by Gerri Detweiler for Credit.com)
- Debt Settlement Industry Appeals to Better Business Bureau
- Response to the BBB position on debt settlement by President of TASC, Chris Kesterson
- Debt Settlement: Can You Really Get Out of Debt Paying Less Than You Owe? (article by Gerri Detweiler for Credit.com)