As an expert in debt settlement, I am amazed at the number of competing offers that can be found today on the Internet, TV, and the radio today. It is great to see so many options to help people out of financial hardships. However, if you are thinking about using a debt settlement company, how do you know how to find a company that is reputable, honest, trustworthy, will save you money, and won't rip you off? I want to shed some light on what is and what is not possible.

First, it is NOT possible to save money on all types of debts. Debt settlement programs work best on credit card bills and unsecured loans. If you have car loans or home loans, these should not be included in a debt settlement program.

Second, it is NOT for everyone. If you have less than $5,000 in debt, it really doesn't make sense.

Third, you may only save 50-60% depending on the types of creditors you have, how delinquent the debts are, what state you live in, what type of purchases the debts were for, and your current financial situation. Yet, with that said, I've had reports from USA and Canada of savings as much as 89% on credit card debts. You will still have to pay something to the creditors, but your bill would likely be cut in half to one third of what it is right now.

Fourth, in my review of some of the debt settlement companies recommended by non-experts, some actually caused people worse financial hardship and forced them to file bankruptcy, which is the worst possible mark for a person's credit standing.

I evaluated 7 of the top debt settlement companies based on the following criteria:

• Reputable and organized staff.
• Written guarantee for overall savings.
• Affordable for the average person.
• Secure website.
• Large amount of savings.
• Work with 99% of creditors, and especially the tougher creditors like Citibank.
• Has successfully reduced millions of dollars of consumer and small business debt.
• Fastest completion times.
• Helps protect your credit standing.
• Member of the Chamber of Commerce in good standing.
• Member of TASC - The Association Of Settlement Companies.
• Member of IAPDA - International Association of Professional Debt Arbitrators.
• Customer satisfaction response times.
• You get to speak with your debt negotiator whenever you want.
• Flexible program based on what you have available on a monthly basis.

Below, I give you recommendations of the top three debt settlement companies that I have tested based on all of the criteria above.

Knowledge is power, and even if you are not an expert in debt settlement, I believe you can save money!

As soon as you get started with saving money with, let me know (#EMAIL#), and I congratulate you because each person who takes charge of their debts is contributing to building a better America.