Credit and Debt Blog

The Department of Banking in Pennsylvania is facing opposition to the recent legislation in Pennsylvania that requires debt servicing firms to be licensed in order to provide services to Pennsylvania residents. A lawsuit has been filed by The Association of Settlement Companies (TASC) and two of its members operating in Pennsylvania that challenges the new [...]

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Debt settlement might sound like the best option for you. Besides, many companies “claim” to be able to help you settle for half of what you owe. What they don’t tell you is that after paying their fees and increased taxes, you barely save anything.

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