Debt Settlement Can Actually Increase Debt
If debt settlement companies are focused on helping you reduce and eliminate your debt, how could they be increasing it? More and more people with significant debt are choosing debt settlement as a way...
View ArticleDebt Settlement Company Reviews
Debt settlement companies make some pretty amazing claims. It all sounds too good to be true. What we found is that is most cases, they fail to deliver what they promise. In some cases, they fail to do...
View ArticleDebt Settlement is the Biggest Debt Relief Scam
Why would credit card companies provide better deals to debt settlement companies? They don’t. In fact, most major credit card issuers assert that they do not work with debt settlement companies. So...
View Article5 Ways to Eliminate Debt
Debt can allow you to enjoy things while allowing you to pay them off over time. Debt can also enslave you to the financial institutions willing to lend to you. If the latter sounds more like your...
View ArticleCollection Agencies Paying Only 4-7 Cents on Dollar For Credit Card Charge-Offs
If you thought you were feeling the pinch from the recession, consider what is happening to collection agencies. Their collection rates are dropping as their clients experience extended financial...
View ArticleAADMO Reportedly Disbanding
The American Association of Debt Management Organizations (AADMO) has been one of the largest trade associations representing various debt relief organizations that provide credit counseling or debt...
View ArticleRefunds for Hess Kennedy Debt Settlement Scam Fall Short
Hess Kennedy served as a reminder that debt settlement companies hold very large amounts of their customers’ cash. It also showed us that sometimes that cash is siphoned off or spent by company...
View ArticleAttorney General Shuts Down Allegro
It may sound like a broken record but another large debt settlement company has been seized following an investigation into company practices. Allegro Law LLC and Allegro Financial Services LLC have...
View ArticleJudgments Often Disrupt Debt Settlement Plans
Debt settlement companies claim that they can get you out of debt in about 3 years. The trouble is, collection agencies often choose to pursue legal action against you before you could ever put enough...
View ArticleShould I Choose Credit Counseling or Debt Settlement?
If you have found yourself in debt, you may be confused by the numerous debt relief options that are available. Most debt relief firms focus on only one or two options, but there are several options...
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