3 Debt Settlement Scams - Exposed

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Uploaded by on Aug 4, 2009

http://www.debtsettlementpros.org ; We expose the Top 3 Debt Settlement Scams in this video. Dont get taken by debt settlement scams. We help you understand what they are and how to avoid debt settlement scams.

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This video is a response to Credit Counseling or Debt Settlement?
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  • You're blowing smoke. Your claims are so vague. Maybe you should find some facts and try this video again.

  • This is a good start to the debt settlement conversation.

    There are a lot of unscrupulous companies out there.

    I used a company called Consumer Recovery Network that charged me $1150 to settle $130,000 of unsecured debt. It took 6 months and my final settlement amount was $40,000 or 28 cents on the dollar. Their fee of $1150 was minuscule compared to other companies whose fees were on average $10,000..or more!

    I am blogging about it at debtsettlementstory (dot) com

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