Business Quote by Jean Chatzky

If you'd asked me a few years ago about debt settlement companies, I probably would have told you to avoid them.

— Jean Chatzky

Debt settlement companies work as a middleman between you and your creditor. If all goes well (and that's a big if), you should be…

— Jean Chatzky

The debt settlement company will direct you to stop paying your creditor and instead send the money directly to them each month. The company's…

— Jean Chatzky

If you're filing bankruptcy, you will likely want to hire an attorney. But for debt settlement, a company is sufficient, or as I said,…

— Jean Chatzky

If you are able to settle, you'll be getting off rather easy. Debt settlement companies can sometimes get you off the hook for a…

— Jean Chatzky

To contract new debts is not the way to pay old ones.

— George Washington

The bottom line is very simple. You negotiate on this, they will up the ante for the debt ceiling.

— Charles Schumer

Once the settlement is completed, the credit card company will report it to the credit bureaus, which will then make a notation on your…

— Jean Chatzky

The debts are unaffordable. If they won't cancel the debts I would suggest obstruction; you do it yourselves.

— Jeffrey Sachs

Unless you have multiple accounts that you need to negotiate and you think the project is just too big to tackle on your own,…

— Jean Chatzky

Do not accustom yourself to consider debt only as an inconvenience; you will find it a calamity.

— Samuel Johnson

We prefer an orderly resolution to the debt crisis and we're moving in that direction. But the most important thing is that the deal…

— Alberto Fernandez