Sunday, June 8, 2008

What is TASC?

What is TASC? TASC stands for The Association of Settlement Companies.

TASC’s™ goal is to promote good practice in the debt negotiation industry, protect the interests of consumers and debtors, and lobby on behalf of debt negotiation companies on the federal and state level.

Debt negotiation companies act on behalf of consumers and debtors to help them clear their debts. They do this by entering into direct debt negotiations with creditors in order to facilitate the repayment of delinquent debts. In return for their services, debt negotiation companies are generally paid a fee by the consumer.

Membership of TASC™ is reliant upon debt settlement companies being able to show that they comply with the standards set out by TASC™ in the Bylaws.


Get me out of Debt


The Bylaws have been developed in consultation with a number of debt negotiation companies, discussions with different states’ legislators, and major lending institutions. The aim of the Bylaws, and that of TASC™, is to encourage debt negotiation companies to provide services of the highest standards to ensure the public and the credit industry’s confidence.

2 comments:

Anonymous said...

These organizations are also a sales tool for companies to show that they meet minimum requirements

Joey Staton said...

My name is Joey Staton. I work for Accredited Financial Corporation. We are members of TASC as well. Feel free to connect with me with any questions you may have.

Joey Staton
Accredited Financial Corporation
jstaton@afcprocessing.com
877-615-7977 DIRECT LINE
214-930-3109 Cell Phone