In this video I give you 4 reasons to avoid Debt Settlement and Credit Card Settlement.. #1   A Debt Settlement ruins Your Credit Report # 2  If you settle on debt they will send you a 1099 for the difference. # 3  Credit Runs the world this is a fact. So when obtaining a debt settlement it paints a negative picture in the mind of the creditors you want to do business with.  A debt settlement will also definitely hamper your chances for obtaining more credit in the future. #4  The debts you settle on could be sold and then […]