Credit Counseling or Debt Settlement?
You’ve seen the ads: credit counseling companies say they can help by getting your payments and interest rates lowered. Others claim they can get your debts wiped out entirely by settling them for pennies on the dollar. Money reporter Stacy Johnson takes an inside look at these companies.
Duration : 0:1:32
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Debt settlement is …
Debt settlement is a scam where the company gets rich and your credit is destroyed. FTC is meeting now to outlaw this misleading practice. Check out the facts before you delete this post.
either you went …
either you went through debt settlement or, if you went through a credit counseling agency, you missed payments. all major credit card companies and most credit unions and store cards will help the consumer by bringing the accounts current if they are behind when you enroll in a credit counseling agency. they will also reduce your interest rates and stop charging late and overlimit fees. however, if you miss payments, you negate he help that was given to you. accounts current equals good credit.
Nice Video
Nice Video
Hmmm debt …
Hmmm debt settlement can be paid over time..
Good debt help info
Good debt help info
So do you mean …
So do you mean bankruptcy was good or bad for you?
why not just file …
why not just file bankruptcy. When I finished my credit was trashed. Waste of time if you loose your credit rating
debt settlement is …
debt settlement is the obvious choice. if you dont have the money to do, save up for it.
Great Video! I am …
Great Video! I am using a debt settlement program with Everest Debt Solutions and in the last 8 months i have almost paid off half of my debt! whoever created debt settlement is a genius.