Archive for the ‘debt relief’ Category

Debt Programs – Have They Worked For You?


There are pros and cons to enrolling in a debt reduction program.  That includes debt settlement, debt consolidation and credit counseling.

I want to know if you (or anyone you know) have ever signed up for any of these programs and if so did it help you get out of debt?

You can leave a comment to let us and everyone else know.

Finding Legitimate Debt Relief Companies

Finding a legitimate debt relief company is not that hard.  With credit card debt and high unemployment, “debt relief” companies have sprung up by the dozens over the last few years. You need to be diligent to find a reputable debt relief agency.

Here are a few places you can start.

Check with the Better Business Bureau or your state’s attorney general office.  Is the company in good standing?

Check or read testimonials on their website. Are they real?  If you only see one or two you may want to move on.

What About All The New Debt Relief Companies?

Debt relief is big business because many people are in financial trouble these days. Stinking economy, delinquent mortgages, credit card debt at all time highs, all provide opportunities for the scammers to jump in make some money and move on.

It only takes a few bad apples to spoil it for everyone else. So beware and do a little research before signing a contract with any debt relief company.  

You should stay away from companies where their web site that is newer than a few months old.  To check the age of the web site go to any domain registry service (for quick checks I use Type in the web site domain name, scroll down and it will show you when it was created.