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Fin Plan Apr 2009 - "Credit Counseling – Salvation or Scam?"

Fin Plan Apr 2009 - "Credit Counseling – Salvation or Scam?"

Fin Plan Apr 2009 - "Credit Counseling – Salvation or Scam?"

Excerpt


Credit Counseling – Salvation or Scam?


Over the last two decades, consumer debt has been skyrocketing and so have the fortunes of the ‘so-called’ consumer credit counselors. How many times a day do you see an advertisement that promises to help you “pay only a fraction” of your accumulated credit card debt? They’re hard to miss because they are everywhere! The question is whether all these promises are just sales pitches to get you to pay for something you could get for free. This article is intended to help you make wise decisions and avoid being defrauded by those who would prey on your fears.


 




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