Debt Settlement Companies

iVillage Member
Registered: 08-24-2008
Debt Settlement Companies
1
Sun, 08-24-2008 - 8:05pm

Greetings, I'm new to this site, but figured I'd try to ask her if anyone is familiar with some good, reputable debt settlement companies.

iVillage Member
Registered: 04-26-2007
Mon, 08-25-2008 - 1:29am
STAY AWAY from the debt settlement companies. Here's why: when you settle, you are not paying the entire amount you owe to your CC's. That ruins your credit. I've just started with Money Management Int. they offer debt management programs where they work with the creditors to lower your payments...this way you are still paying what you owe but at a quicker pace. The debt settlement is bad...please research the differences between settlement and debt managagement plans.
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