Debt Settlement how it works

By , Posted on Apr 11, 2009
General
General

I called a Company Genisis debt settlement the other day and the lady said that the amount they charge is 10% of the settled amount. This would be about $3,400 on my $34,000 debt and then they charge a $55 fee on top of that for 48 months ($2640) for a grand total of $6,040.

Wow….. and I think this also may hurt my credit. Credit counseling may take longer, 5 years but it may be better for my credit.

DebtHelper.com is licensed in Indiana now...


Questions? Enter Your Details

We’ll Call You

We value your privacy and your information is confidential. Check our Privacy Policy.
Top-Rated Nonprofit
(5 of 5 stars)