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Debtconsolidationcare.com - the USA consumer forum

You Can Settle Your Debts Yourself

Date: Sun, 11/14/2010 - 18:58

Submitted by anonymous
on Sun, 11/14/2010 - 18:58

Posts: 202330 Credits: [Donate]

Total Replies: 2


Debt settlement are a waste of time and money. You can settle your debts yourself. It's really easy. I use to work at a debt settlement company and I see the people take all this money from innocent people. It's ridiculous and a rip off.

Some compaines charge at high as 15% what I understand. It makes me sic to my stomach to see companies rip people off.

It's a good thing the FTC is regulating it now.


I agree also and I settled 100k for about 25k and I have posted my progress and end results on the forums here. To me it was not that hard and just involved sticking to my dollar amount and having a few unpleasant calls. Honestly they really weren't unpleasant just that you can't say it is pleasant to find yourself in that situation but the callers were mostly nice.
Having said that I have come to the conclusion that everyone has to make their own decision. For some people paying a debt settlement company might be the way to go. I liken it to some people like to travel first class and valet park...those are things I would never do because to me they seem a waste of money that I could spend on something better but to others they are worth it...
Kaylee


lrhall41

Submitted by kaylee on Mon, 11/15/2010 - 10:53

( Posts: 176 | Credits: )