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Archive Home > 2009 > May > 16 > If you’re behind on credit card payments, know the pros and cons of your options

If you’re behind on credit card payments, know the pros and cons of your options

By Tara Siegel Bernard / The Bulletin
May 16, 2009

Many consumers are buckling under the weight of mounting credit card debt.

So it should come as no surprise that some have been lured in by often-hollow promises from debt settlement companies, claiming they can reduce debts to a fraction of what is owed by negotiating with creditors.

But as....

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