Debt Relief Lowdown: Is your credit-counseling agency cheating you?

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Is your credit-counseling agency cheating you?

Here’s one example of how an incorrect choice of a credit-counseling agency could take you deeper into debt. The company, Financial Counselors of America has been accused of worsening the debt situation of its customers. Wmcstations.com reports:

If they're charging 100-200 dollars, that's 200 dollars that could go to your creditors," said Hack Hogan with Consumer Credit Counseling in Memphis. "That's 200 dollars you could pay to your debt. Why do you need to pay it to an agency?"