Have you ever dealt with debt reduction/elimination companies?

@greylady (153)
United States
March 20, 2007 1:53pm CST
Have you ever dealt with one of the debt reduction places? I have been thinking about doing a bancruptcy but this debt place called. They promise 55 cents on the dollar or less negotiated by them with my creditors will actually improve my credit. I tried to find information on this place thru the Better Business Bureau but they don't have any information on the one that contacted me. Has anyone heard of F.I.R.E.?
2 responses
• Canada
25 Jan 08
Be careful, some of those places will hurt your credit more than help it. If it' isn't listed with the better business bureau I wouldn't use it.
@samrat16 (2442)
• India
21 Mar 07
No, I haven't heard of F.I.R.E.