Has anyone had any experience with a debt settlement company?
I’m working with Debt Settlement USA and they say they can help lower and consolidate my bills to just one payment to them each month. I don’t know how to check them out to see if they are a legitimate company.
I work in the lending industry and I have heard a lot of bad things about these types of companies…..My lending company will not do any type of loan for a person who is involved in any type of credit couseling (if that is the type of company you are refering to).
I would make a list of all your bills starting with the largest and ending with the smallest……make minimum payments on all of your bills and put any extra money you have left over towards the smallest bill at the very bottom of your list. When the smallest bill is paid off do the same thing with the next bill from the bottom. I know a lot of people who have helped themselfs get out of debt using this method. It is called the “snowball approach” GOOD LUCK
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