I don't know about that particular company, but heres,what they do:
They crash and trash your credit by letting your payments go at least 6 months before tgey negotiate with the creditors.
Then they settle your debt for pennies on the dollar, with your approval.
Then YOU get a 1099-c debt relief tax form and have to pay ordinary income tax as though it was normal earnings income when you file your taxes and YOU owe the IRS taxes on the amount forgiven.
If YOU can, negotiate yourself directly with the creditors, and see what they can do to help you.
Not ALL credit companies will work with such debt relief companies , and some will still plave liens against your property or garnish your wages by mysteriously taking you to court, you don't show up or even if you do they may still get a judgement against you.
Credit companies, especially credit card companies who automatically increase your limits without your consebt shoukd be held partially liable for the increases yet gave you getting you further in their debt, but it doesn't work that way.
It will take you 7-10 years to recover your credit rating, even if you have credit you maintain that is not part of the settlement accounts.
Also, I don't think you can discharge student loan debt in such a manner, so if they tell you they can, they are probably not truthful with you. Student loan debt CANNOT even be discharged in bankruptcy, you are still responsible for it, it is almost impossible to get rid of student loan debt in any way except to pay it. Be very wary if this company tells you they can settle your student loan debt!
My best friend and his wife went through this, still haven't recovered from 2008 when they lost their house. Because she defaulted on student loan debt, a lien was placed against the house, when they lost the house, tgey garnished her wages. Then when the loans were finally paid off, she had trouble getting the garnishment stopped because the students debt holder woukd not notify her employer it was paid off. She solved 're problem by getting a different job, and taking the student loan company to small claims court, which didn't mean she won, but tgey finally ordered the garnishment stopped and never refunded get the difference. The credit negotiator could NOT deal with her student loans.
So if you can negotiate directly, I try that first. Call them and ask tgem first to reduce your interest rate if you are still in decent standing with them. If tgey don't, ask for a reduced minimum pay ment and a hold on your credit line. If you have available credit, ask them to reduce your credit line to what you owe only. Try to work with them first.
A debt consolidation company should be absolute last resort.
Good luck
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