Only 1 in 10 consumers in debt-settlement programs actually end up debt free

Only about one in 10 consumers participating in debt-settlement programs actually ends up debt-free in the promised period of time.

Debt settlement companies claim that they can significantly reduce someones debt for just pennies on the dollar.  And desperate debtors are looking for a quick fix to a problem that they have spent years creating.  They want the phone calls and letters to stop.  They want to get rid of the stress they are experiencing.

 

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