Debt settlement companies advertise that they can eliminate your debt for a fraction of what you owe, so should you hire one?

Certainly there are great debt settlement companies out there, and we get great referrals from them. Most debt settlement companies, however, can be a scam.

In this week's episode of the Crushing Debt Podcast, I answer the following questions:

• What percentage should you expect to pay to settle your credit card debt?
• Is it better to settle your debt or pay it in full?
• Should you negotiate with your creditors yourself, or use a professional?
• What are the best tactics to use for specific credit cards?
• How does debt settlement affect your credit score?

Please visit our sponsor, Sam Cohen, of Attorneys First Insurance at www.attorneysfirst.com.

Please also visit our new website to subscribe to the show - www.ShawnMYesner.com/subscribe