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Debt Management: Debt Settlement a SCAM?
Posted under: Debt
Most debt consolidation companies do nothing better than simply ruin your fico score in order to settle your debt. If you really want to work with an agency that will help you reduce your debt, contact a company member of “CONSUMER CREDIT COUNSELING SERVICES” (CCCS) More info at: sccrealestateuncensored.com/2008/repair-credit-legally-remove-negative-accounts/ micasamidinero.com/2008/reparo-credito-eliminando-legalmente-cuentas-negativas/
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25 Responses to “Debt Management: Debt Settlement a SCAM?”
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i agree the video was ok to start with
@NYBankruptcy
Nothing wrong with that because the point is to pay what you owe. It is not good to have bankruptcy on your credit report ever.
Please Visit
tridentdebtsolutions. dot com
This is what I find funny. Who has $7,000 and has past due debts. They don’t, otherwise they would pay their bills. People who are past due, typically suffered some loss of income or have poor money management skills and cannot save money on their own for their settlements. This is the main reason why debt settlement companies exist. Providing lower payments and saving money on the clients behalf, thus allowing the clients to be debt free in the near future.
i hate this bitch.
I went to CCCCS they were bullshit. I could do that with DAVE RAMSEYs program.. seriously they must pay Suze. I liked her better when she wasnt plugging everyone. some stuff she says is good then other things i am all like do what now??
well they have to get paid .. do you expect them to do it for FREEEEE?? but seriously If I can do this myself I sure as heck AINT gonna pay someone. yeah this is a good video.
Interesting video, however using the word “debt” doesnt seem appropriate. You created the money in the first place with your signature/pin. Try ask about their proof of claim for being the creditor.
what I am doing is changing my whole lifestyle and getting out of debt as fast as possible….paying 1 card down at a time…..I have two left and hope to be out in about 14 months.(: God is helping me along the way….! (:
Try debt management!
When u pay a collector, request that they delete the acct completely, not report it as “paid in full”. Reporting it as paid in full does nothing for ur score, u want it deleted.
There is no how reputable debt settlement company will ignore charges. They crop their interest from this. you can equally get this tips to get out of debt
people out there… blah blah …. now lets start to deal with my book sales… I HATE MY CREDIT CARDS and i can get you out of debt. and i have hooked up a lot of people. this TV personality will represent herself in court when she gets arrested for insider trading like Martha…
I found this site about getting out of debt: outofdebtstrategy.blogspot.com. It’s quite interesting. There are over 40 articles and every day new ones are added.
My husband lives in a seperate town due to working situation. My name is not on some of the credit cards, but I’m going to start attempting to settle the debts ourselves soon. Will they deal with me even though I’m not on some of the accounts?
outofdebtstrategy.blogspot.com/
CCCS is OK to a point. Let’s say that your total credit card bills per month is $1200.
CCCS comes back with a figure of $1100 a month. They are not getting the payments lowered but telling you in the future you are saving. But don’t you live for now rather then the future? It all does not make sense.
Yes I do..She seems proud of it..haha
@legalselfdefense I agree, it’s true, they want some money rather than nothing, as long as you are paying them they don’t care!
What’s funny is with our debt we are so over our heads we can’t afford bankruptcy or consolidation!!
We are overdrawn because of automatic payments and all paychecks the next 3 weeks will not even put us at even, we have no money to even gas our car so my husband can work.
and I am having a little trouble finding a job. Yay.
Nice Video
Keep up the good work !!! Watch my videos 
For the most part this seems like excellent advice. I don’t think the IRS is going to let a credit card company tell them which debts you get rid of are going to be considered income or not, though. What I appreciated here was the info that people can handle these things by themselves. The credit companies will negotiate with anyone bold enough to try it.
You have 2 choices, have your attorney (for about the same or less fee) settle your debts for significantly less, and/or file bankruptcy. Generally the only issue with bankruptcy is whether or not you are within the time frames for filing. Your credit will suffer less imho than if you have a dozen late/charged off/settled accounts.
I love this video. I think she is exactly right about being able to get the same deal from the collectors. A lot of people think the debt consolidation people have special “ins” with the credit card companies. And I think it does help to know what you can get. If people like Ms. Orman will keep talking, maybe it will help people be more comfortable negotiating on their own behalf.
God bless you Suzie! That first part contained all the answers I been searching for over the last couple of weeks. Though the second part does not apply to me, I understand situation differs from person to person. So I ll say keep searching for the right information atleast as it best applies to your particular case.