any feed that questions well we definitely Hanson answers today because Jerry debt -- is joining me on the show today. -- -- -- has been a an expert in debt and credit for. Cash go -- on twenty years now I started talking on her when I was a reporter. -- smart money magazine. Through my years at money magazine through my years after I left money magazine because she truly knows what she's dealing. She's got a new book out it's actually in black. Called reduce debt reduce stress. Jerry hey welcome back to the program are. So I'm having grilled stress where your book helped me was that. I don't know about -- Tell me tell me about this -- I mean I did some research myself and I know that when you have debt when you have more debt and you feel you can handle particularly when it. High interest rates credit card debt . It absolutely. Weighs on your mood on your emotions on your ability to feel happy -- Yeah there's a lot of chronic

go there. I'm a bit of a skeptic when it comes to debt settlement I've heard a lot of stories. People. Being charged a good amount of money and not getting results and tell me when He does work well. Your skepticism -- in theory is very well earned that means it's one other fields where there's a lot of new players skinny man who were Turkey very high upfront fees but here's the basic -- debt settlement. With debt settlement what you're doing is you're saying I can't paid back to follow that can't even do a credit counseling program because -- know too much for example. Let me tell you where exactly what's going I'm married now. The average person who received a credit counselor these days -- about 35000 dollars and six credit cards. -- typical client who goes to debt settlement -- about 45000. Dollars. I'm 68 credit cards just interviewed a couple of people can write book -- who successfully -- debt settlement. And one gentleman a business owner and -- wiping out 200000. Dollars in credit card debt . Hammonds and paying to wipe out the 200000 -- -- about half. Of what He owed when all was said and done

don't wait for someone who can't female -- to -- credit card debt -- -- -- -- -- -- how much they're charging me too much -- Not to get this for its first someone who has been evaluated all their options including bankruptcy. And has discovered that they do this is the option for them to pay back what they can but can't afford to pay the full amount. And so that's why he's always always say if you're even thinking about settlement you shouldn't sign up for anyone. And we've talked to credit counselor and -- -- a bankruptcy attorney. Jerry went well when it comes to debt settlement are we paying people to do things that we really could just do our -- there was just a big story.