Debt Elimination Companies

anyone use a debt solutions company?

if so which one? what was the outcome? and was it worth it? thanks!

Public Comments

1. I wouldn't recommend the one I used. Inept comes to mind. Check out debt management companies through the Better Business Bureau. Yes, they are worth it, however, be prepared for the long haul. Most programs last 5 years.
2. Stay away from them! You are far better off in the long run arranging debt repayments yourself - go to Court if you have to, so long as you agree to some kind of repayment plan the companies you owe money to will usually have to accept whatever you offer. Don't let debts build up and don't use middle-men: they want your money and they will take it all.
3. do not go thru credit solutions. they do not do their jobs right, my bf went thru them. wasted alot of money with them. fianlly had to file banktrupsy. people kept calling (creditors) because they claim they didnt know about the credit counsling. kept wanting more and more money. finally just gave up. they didnt want to do their jobs the right way.
4. I used Greenpath, they are licensed and very good at what they do. A debt solutions company can only do so much...they can get your interest rates reduced, they can get your monthly payments dropped, they can get fees waived...if your debt is so high that those things don't matter then they can't help. Greenpath would have worked well for us if my hubby hadn't lost his job...in that case we had to file for bankruptcy, but what I did like about them is they were honest and polite and non judgmental during the process.
5. they are mostly scammers... take your money and do little or nothing to help you. you can learn to get debt free yourself..
6. Yes!! I used one and they got me back on track. I found them through http://www.1-800BadCredit.com Try them.