I called a Company Genisis debt settlement the other day and the lady said that the amount they charge is 10% of the settled amount. This would be about $3,400 on my $34,000 debt and then they charge a $55 fee on top of that for 48 months ($2640) for a grand total of $6,040.

Wow….. and I think this also may hurt my credit. Credit counseling may take longer, 5 years but it may be better for my credit.