If you carry forward a large balance on your credit card month after month, there is a good chance that you have received a letter from a company such as Credit Associates LLC or National Debt Relief offering "Credit Card Debt Forgiveness" and stating you may be "entitled to a reduced settlement of your outstanding credit balance."
It's a trap that will cost you, not only a 25% fee but wreckage of your credit profile for years following.
Listen in as your coach reads you the contents of the letter and explains all the warning signs and offers alternatives.
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