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Square One

Square One is debt services company which was founded to help people get free of debt and get back to 'square one.' Square one is able to help people by offering debt consulting along with IRS debt negotiation services.

The company's website has a clean and fresh feeling to it, the colour scheme inspires a feeling of hope while the image of a family on the beach reminds visitors of better financial times.

Debt Settlement Services
Square One believes that Debt Settlement is the best option for people in financial crisis. However they do state on their website that this option might not suit all the people. If you happen to be in this group Square One will use its network of partners to find a suitable company for you to work with.

Square One does a good job of outlining their services in the Frequently Asked Questions page. The company explains that unlike a number of credit counselling services that only negotiate to reduce your interest rates and late fees, Square One works with your creditors to reduce the size of the amount that you owe. In some cases they are able to reduce the outstanding balance by as much as 50%. By reducing the principle Square One automatically reduces the interest payments; this means that every month you are able to pay back more of the principle and can repay your debt in a shorter period of time.

Square One also offers a free consultation in which one of their counsellors will evaluate your situation and come up with a debt settlement plan for you. After you enrol in the Square One program you are still in control of your money and monthly payments. While this can be good for some people, for others it might be a bad thing as they are not able to regulate or control their spending.

The company highlights that in order for this plan to work, the individual has to be committed to getting back to 'square one'. Square One also states that this plan is for people who are facing legitimate hardships and is not just a 'free lunch' for people who do not want to pay their bills. For this reason they have a benchmark of $10,000 in debt before they take on a client, however, exceptions are made for special cases.

Square One also provides information about tax implications of debt settlement programs along with the legal rights a creditor has to sue and garnish wages. The information provided is easy to understand and provides valuable insight, this goes a long way in building confidence in the company.

The cost of the Debt Settlement program offered by Square One depends on the amount of your outstanding loan and number of creditors. Before starting their services Square One explains all costs and fees associated with the plan to ensure that there are no surprises. They take no money from the creditors so you can rest assured that they have your best interest at heart.

Customer Service and Reviews
Square One is proud to display a number of customer testimonials on their website. All of them sing praises of the qualified staff and great service they have received while enrolled in the program. While the testimonials are a nice addition to the website, the thing that truly builds confidence in Square One are the real settlement letters they have posted on their website. These letters outline the savings that previous clients have enjoyed. The letters are regularly updated which shows the company provides consistent service. Customers are also provided with an online account where they can track their debt settlement plan's progress.

The company is also part of The Association of Settlement Companies (TASC) and the International Association of Professional Debt Arbitrators.

Before taking a decision as to which company to work with it is very important that each individual personally evaluates the company and their offerings. Reviews such as this should not be the sole basis on which decisions are taken.

Square One's debt settlement plan is a good fit for people who genuinely want to get rid of their debt. The information provided by the company builds confidence in their services and commitment to the client. The debt settlement letters posted on their website inspire hope and optimism for people who are looking for a way out.

For more information on Debt Consolidation companys, go to Debt Consolidation.

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