Has anyone used one of those debt settlement companies for your credit card debts?

They’re saying they can settle for around 50% or less. But the web address URL ( http://www.americandebtsettlementgroup.com ) doesn’t work, however they are listed in the BBB under this law office: http://data.phoenix.bbb.org/commonreport.html?bid=97015677

Anyone ever tried American Debt Settlement Group? Or any other debt settlement or debt consolidation companies?

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Posted February 8th, 2010 in Debt Settlement. Tagged: , , , , , , .

6 comments:

  1. Debt Guru:

    Check out Bills.com. This website has useful information for people struggling with debt. It has detailed information on your options when it comes to debt settlement. You can use their savings center to find yourself a good match for even a debt settlement company.

    February 8th, 2010 at 2:19 pm
  2. carolyn43:

    your local consumer credit counseling agency would help you out alot more than they would and these agencies want your money my daughter used them and they still got their wages garnished

    February 8th, 2010 at 2:19 pm
  3. lostimagining:

    My Mom did, They dont work. In the long run you’ll end up paying them more money to your creditors and the settlement company.

    February 8th, 2010 at 2:19 pm
  4. Caleb:

    Yes I had used once to settle my credit card debts. They would attempt to get you a lower interest rate on your credit cards in order to coax you into paying them down. I have not tried American Debt Settlement Company. I went through http://www.ezconsolidaiton.com This source is reliable.

    February 8th, 2010 at 2:19 pm
  5. Hazel S:

    I tried to do something like this a long time ago and it never really worked like they said. But now there are so many options out there that are legitimate. Check out this site for more details:
    http://www.credit-card-loans-debt.com/credit/

    February 8th, 2010 at 2:19 pm
  6. Jennifer:

    Hi,
    I used "Credit Solution" to settle my debt and improve my credit score.They managed to reduce my debt up to 58%.It’s legitimate.I came across this company on NBC News Special Edition.Check it out here:
    http://urlhawk.com/4ys

    February 8th, 2010 at 2:19 pm

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