The New York Times reports that, according to a report from the Center on Responsible Lending, using a settlement company to help you dig out from underneath burdensome debt may sound appealing, but it may leave you worse off than when you started, according to new research.

via Report Says Debt Settlement Companies May Leave Clients Worse Off – NYTimes.com.

Posted by Lewis J. Saret, Co-General Editor, Wealth Strategies Journal.