CBS Morning News Debt Settlement Scams
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7:51
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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
debtsettlementstory 1 year ago