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Personal Finances & Money Management : How Do Debt Settlement Companies Work?

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Uploaded by on Feb 23, 2009

Debt settlement companies are actually formed by credit card companies in an effort to get some money paid down on a debt. Understand that many debt settlement companies charge a fee that does not go towards the debt with insight from a registered financial consultant in this free video on debt settlement.

Expert: Patrick Munro
Contact: www.northstarnavigator.com
Bio: Patrick Munro is a registered financial consultant (RFC) with outstanding sales volume of progressive financial products and solutions to the senior and boomer marketplace.
Filmmaker: Reel Media LLC

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  • This Patrick Monroe guy sound sincere, does that mean he knows what he's talking about? NO, these statements are full of inconsistencies. If you know anything about this industry youll know he needs to get his facts straight. I bet if you ever get to talk to his CLOWN he'll admit to you that he's never wrong too! I hope your not having him help manage your money.

  • This Patrick Monroe clown has absolutley no idea what he is talking about. It is not the debt settlement companies that are owned by the credit card companies...it's the credit counseling companies that are owned or associated with the credit card companies. Get it right there Patrick. Glad I don't have him as a financial advisor.

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