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Debt settlement is a process where negotiations are made on defaulted unsecured debt, to make a one time payment on the balance owed at a much reduced amount than originally was owed. I want you to know you make the whole process of credit counseling easier. BBB Accredited Businesses pay a fee for accreditation review/monitoring and for support of BBB services to the public. The vast majority of debt reduction services are not scams; although there are some flat out scammers around there are not many.

Some Better Business Bureaus offer additional content & services in BBB Business Reviews. This past year of difficult economic times has impacted everyone in some way or another; some have lost jobs, others have been forced to take pay cuts, and weve seen a dramatic rise in credit card interest charges and fees as well.

If you find yourself sitting on the fence with whether this is a good choice for you then you should really take into consideration what will happen if you don’t. I was overwhelmed with my credit card debt and could barely make my minimum payments.

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