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Originally Posted by Antiventurecapital Just talking to a consumer debt counseling agency kills your credit score. NPR did a story on them a year ago. |
Not to mention they are funded by the credit card companies. In britian, i think it was the barclay's ceo that admitted (by accident) he wouldn't want his kids using CC, and that they try to trap people into cycles of debt.
Because of their predatory behavior, their lobbying the US congress so its now more difficult for consumers to file bankrupcty (but not businesses! ) i say, do whatever, legally, you can to stick it to them, then , get your self out of debt.
but avoid places and people claiming to fix your credit rating for a charge - they are usually expensive scams.