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DEBT SETTLEMENT
If you're considering using a debt settlement or debt consolidation service to help you get out of debt quicker and lower your monthly payments, be sure to do your homework before choosing a debt settlement company because there are definitely lots of scams and shams and out there. Let me begin by saying that debt settlement / negotiation and debt consolidation are not the same thing, which most people don't realize. Debt settlement companies may charge you an initial "admin fee"of hundreds of dollars simply to set up your account, plus a monthly service fee. The fees often vary depending on the company in question and the total amount of your debts.
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