siamesecat2965 wrote:
"I don't know if this is truly a scam, or just something I don't want any part of, but I ahve a lot of credit card debt. and I keep getting mailings from companies who can guarentee a reduction in my debt,and so on."
Stuff like this generally isn't a scam, it's a loan company looking to get you to transfer your debt to them. They work to restructure it, and the payback to them is that you're then paying them interest instead of your credit card company. There are shady participants and decent ones, but all in all it's just a debt consolidation loan. You'd be best consulting with a pro about whether this sort of thing is a good idea for you financially, because even a legitimate company might not give you a better deal than you're getting now, but some online research can't hurt and you might find it beneficial.
Virg