debt freedom

What are your thoughts on the company "debt freedom"?

The company has its credit card debt (Visa, MC, AmEx, Discover) and arrangements made with companies to eliminate their debt. Your cards are cut and in the process, no more debt can not be considered.

Yes, and trash your credit rating for not paying anything until you are far behind in their payments. All they can do, you can do it cheaper. Cut up your cards, make a monthly payment in a mayonnaise jar for six months, then call them and tell them you want to make a "deal." That's exactly what they do, but you will be charged an additional $ 2,000 for it.