Debt Settlement - Why the Critics Are Wrong

Explains why critics of debt settlement are wrong about this alternative to bankruptcy. Discussed the three main criticisms of debt settlement as well as the positives associated with this method of debt reduction.
Comments on article "Debt Settlement - Why the Critics Are Wrong"
Name Views and CommentsDate
cheryl i did this debt settlement program and it ended me up in lawsuits because the credit card companies woudl not wait till I had enough funds to pay off, so it does not work and it is not a stress reliever, plus they take more than they actually say, they rob you blind in most cases. they are making their money off you that is all they care, and now getting out of it i hav eto take another 1,000 dollar hit, they are crooks, dont do it. 4/4/2008
twilli Well Im currently working with a debt settlement company and the sompanu has saved me about 40 percent on all my debt. Im very pleased with the company they are my life line. The company is called zero debt the site is www.zerodebt.com 6/30/2006
carol_gress Borrowing money to fulfill our countless desires has become a common phenomenon in the society. Our desires are unlimited whereas resources are limited. This gives rise to borrowing culture. These days we don't want to curb our wishes and actualise them by taking loans. 'Buy today and pay tomorrow' culture has gripped the society so much that we end up taking a number of loans for our various needs
For moreinformation go on: http://www.longdogfinance.co.uk		 4/28/2006
carol_gress The original idea behind lending credit was to help people to buy something they badly needed, something important, such as: buying a home, medical emergency, education, et al. In contrast to the original idea, in recent years credits are taken to buy things most of us don't really need. Buying on credit has become an addiction for most of us. For moreinformation go on: http://www.longdogfinance.co.uk/ 4/28/2006
wno0426@hotmail I live in Texas I joined this option with a company called F.I.R.E.
They are well advetised on xm radio. So far on my 4th month I have given $1700. No card has been settled yet am I being taken for a ride?		 4/25/2006
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