South Carolina has had a tough stance on debt settlement companies, only permitting a $50 setup fee and $10 monthly. According to the news report below approximately 3,100 South Carolina residents have received refunds from debt settlement companies that charged fees illegally.

Thanks kind tipster (send in your tips here) for pointing out this story to me.

Get Out of Debt Guy – Twitter, G+, Facebook

I can always use your help. If you have a tip or information you want to share, you can get it to me confidentially if you click here.