More Zip Debt Reviews
What Do Others Have to Say about Zip Debt?
There are many testimonials around on forums on the web. As I was checking up to see if Charles Phelan has continued his commitment to good service, I stumbled across quite a few. You’ll also find numerous testimonials on Charles’ site, but to find such glowing positive testimonials elsewhere, truly speaks to his service, and his program.
Anonymous Replied on 01-11-2009, 09:12 AM
I used this service. Well worth the money as I didn’t have to weed through all the “free” info on the net, and I didn’t have to pay some “professional company” 15% of my debt just to get started. It helped me save over $14,000.
Anonymous Replied on 01-12-2009, 07:35 AM
I am the oringinal poster and ended up going with this service. I am so glad that I did! It has worked out well for me too. Well worth the money. I had about $70,000 in cc debt and I have settled 6 accounts since and have one left to go. This service helps you to settle on your own and you save lots of money from paying someone to do it for you. All the money you would have to pay a Company to do it for you can go toward settleing your accounts. This is for those who want to do it themselves but are to nervous to do so. You listen to the cd’s you get, which explains every step and then you get one phone consult for a plan of action. Also included is email support. Every time I had a question it was responed to within 24hrs. very important when you are getting anxious and questionig what to do next. This service is really up to date on how to handle debt settlement. Yes you can read and post questions here for free, which I have have because you can never get too much information, And I have learned alot here too but, some of the information here can be outdated and not the best depending on who answers.
Anonymous Replied on 02-23-2009, 08:07 PM
I HIGHLY recommend ZipDebt.com. I can be a bit of a micro-manager, so I have been extremely pleased with ZipDebt’s do-it-yourself system…it has already saved me a TON of money (I quit paying my $60k Bank of America bill in December & started socking away the money I’d have paid in monthly payments. Today, B of A and offered to the whole debt for only 20%. Yee-haww!). Plus, let’s face it…no one cares about your money more than you do and it’s much better to take a hands-on approach rather than to pay someone you don’t even know a load of money and then stick your head in the sand and hope that you’re not getting duped in some way. ZipDebt has seriously changed my life! (and as soon as I’m totally debt-free, I’m taking the friend that recommended ZipDebt.com out to dinner…on me!)
Anonymous Replied on 03-12-2009, 10:08 AM
I recommend at least the Enhanced because the consultation and email support is invaluable if only to ease your questions and fears when you are going through the process. He has always answered my emails within 24 hours at the most.
I did use some of my IRA to help settle some of my accounts quickly along with the monthly money I was saving. He does also do free upfront consultations to discus if you are a good canadate for this process or not.
weehide Replied on 03-12-2009, 02:04 PM
I also end up getting service from ZipDebt. Now I’m fearless to go through in settlement. I’m starting not paying my creditors for this month. I will document the process and progress using the ZipDebt coaching.
I got the Enhanced Package billed in to two payments ($209). I listened the CDs and working browsing the workbook. I also created spreadsheet of my accountwhere I can also document the calls they and I made.
Just this morning I received a call from creditor and follow ZipDebt advice on how to answer phone calls.
Debt free in NJ Replied on 01-20-2010, 05:02 PM
I used Zipdebt, and was able to pay off $132,000 of cc debt for $46,000 in 10 months (my last was finished today!). It has changed our lives. The process is moving much faster now, so it is good to have sources beyond monthly setaside. I borrowed some from family and some from pension, but mostly monthly savings. You do have to stop paying because as long as you are paying, they don’t care about your problems. But once you stop, they offer you the moon–no interest, remove fees, etc. But only for 6 or 12 months, and that is not enough to bury the debt. Finally, it does hurt your credit, but so what? What house can you buy with that mountain of debt? And on the other side, my ratio of debt to income has gone from about 1:1.2 to 1:7.5! Zipdebt shows you how to rebuild your credit rating within 1-2 years as well. A friend of mine on the system bought a new car within a few months of finishing and his sister bought a house within less than 2 years. Having debt settlements on your record hurts it some, but nothing like bankruptcy, and it is far easier to clean up. And again, when my daughter goes to college in the fall, I could pay full tuition in cash, if I had to! I heartily recommend Zipdebt to everyone in credit card hell. They coach you through every step of the process and the response time is fantastic, plus they know exactly what is reasonable to expect for this company or that, even how collection agencies differ in tactics. I NEVER post to websites, but if Zipdebt were a religion, I’d be converting!
IncaHeat Replied on 01-20-2010, 06:32 PM
Quote:
Originally Posted by Anonymous View Post
I used this service. Well worth the money as I didn’t have to weed through all the “free” info on the net, and I didn’t have to pay some “professional company” 15% of my debt just to get started. It helped me save over $14,000.
I am towards the end game, I have settled with 2 out of 6 creditors, will probably settle with a 3rd this week and the other 3 in the coming 4-6 weeks. Total debt outstanding – about $116k. There is alot of free information on the site, but it takes time to weed through it all, and even then, what may have been true a month ago may not be the case now.
I believe the coaching program from ZipDebt has been very helpful to this point. I ended up getting the top of the line package. I purchased it on one of the accounts I settled, so if you think about it that way, it was in reality paying $300 for a $700 program, for what may have already saved me $24,759.08 on 2 balances totaling $40,146.08 (Discover and AMEX).
On the other 4 accounts (BoA, Citi, GM Card,CFNA) I have all offers coming in currently at 45% or below, and still awaiting further drops. It’s not a little coaching, its a lot of education behind the coaching in addition to plenty of coaching, with good back and forth on questions via phone or email. (top of the line package).
Understanding why the banks approach it they way they do certainly helps in actually helping your own situation. I don’t know that you can actually glean that aspect from this website.