Facts of fear that debt consolidation and debt settlement companies do not tell you

Completion Rate:

Less then 40% of the people who start a debt consolidation program with companies that are not law firms. The rate of success of the law firms is more or less 90%.

The true picture of non profit debt consolidation companies:

The IRS found in its survey report that the non profit debt consolidation companies are actually responsible for funelling the money to other companies which forced IRS to close down many such companies.

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