I have a lot of credit card debt and keep getting direct mail pieces from debt mediators, like Payment Relief Center
What do debt mediators do and are they a scam? I would love to pay off my debt asap. Also, any information on Payment Relief Centers?
While everyone would love to pay off their debt ASAP you need to spend some time looking into the effectiveness of the different approaches. My advice would be to start with this article, The Truth About The Success Rates, Failure Rates and Completion Rates of Credit Counseling, Debt Settlement, and Bankruptcy.
There is no magic wand to getting out of debt. The best path out is to apply the most appropriate solution based on the underlying situation.
Are you unable to make your monthly payments or have you been late on payments?
Please update me on your progress by posting updates here in the comments section of your question. I’m very interested in how this works out for you.