Posts Tagged 'Credit Counseling'

Credit Counseling WARNING: “Lies Exposed!” (Debt Consolidation)

(The shocking, whole-truth Credit Counselors don’t want You to know) You’re deeply in debt, wondering which way to turn. You’re confused, worried, and so stressed out you can’t think straight. What do you do? Many people mistakenly turn to credit counselors.

20 December 2009 at 07:21 - Comments

Debt Relief Options: Credit Counseling

Back in the 50’s, the credit card industry got together to come up with a plan to cope with all of the people filing record numbers of bankruptcies. They were getting stiffed left and right, and they came up with Credit Counseling. After creating the idea, they lobbied to Congress to get the non-profit status for Consumer Credit [...]

7 January 2009 at 21:37 - Comments

Debt Relief Options: Bankruptcy

Traditionally, if you’re not able to make minimum payments,  you’re in a hardship, or you just find yourself in too much debt, what you do is  file bankruptcy. You file bankruptcy and you pay zero. The creditors get nothing and it’s the ultimate move, the ultimate trump card that you’ve got as a citizen. Unfortunately, about [...]

3 January 2009 at 20:01 - Comments
smalinski1
Jesse:I agree that the new laws passed for Bankruptcy have only hurt those of us who realy need help. I ...
26 September 09 at 17:48

WARNING: 6 Critical Criteria For Choosing a Debt Relief Program

This post is an article I originally published on October 4th, 2005.  It has since been published by 34 financial newsletters. Warning: DO NOT Begin any Debt Management Program, UNLESS the Company You Choose Meets these Six Criteria. In fact, if the following six criteria are not met, don’t even get your hopes up, just turn tail [...]

2 December 2008 at 07:16 - Comments