No. of Recommendations: 2
Interesting idea? but does it work?


I saw this news story on Good Morning America called "Out of the Frying Pan …Debt Negotiating Can Land You Deeper in Debt" The title really says it all but here is the link to the story:


And from this other link:

I copied this:

"A California firm calling itself a "debt negotiation" company promises financially strapped consumers that it could reduce their debt and restore their credit by negotiating with creditors. But the company does little other than charge exorbitant fees while consumers stop making required payments to their creditors and plunge deeper and deeper into financial ruin. "


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