Avoiding Rogue Debt Relief Firms – FTC Fact Sheet May Help
Posted April 12, 2012 – 9:42 am in: CreditPersonal debt has become a major problem for many countries, including the United States, where it is estimated that the average household owes $19,000 to creditors (excluding mortgages). Much of this money is borrowed on credit cards and other forms of high interest unsecured borrowing. The options available to those US citizens who find themselves in financial difficulty due to high levels of debt, include credit counseling, debt consolidation and settlement, consolidation loans, and bankruptcy. In the past the Federal Trade Commission (FTC) has received many complaints about some organizations that operate in the credit counseling business. Consumers should exercise caution, and choose legitimate debt relief companies, which comply with all new FTC requirements.
No Comments | Tags: Credit, credit counseling, debt, Debt Consolidation, debt counseling, finance
How To Avoid Minimum Payment Trap Of Credit Card Debt
Posted April 2, 2010 – 5:18 pm in: CreditDo you seem to find yourself with a credit card balance that seems to increase month after month, even right after you’ve applied your monthly bills to the debt? However, with the state of the recent economy, you will find a lot more consumers that find themselves in this scenario – encompassed within a mess of the minimum repayment trap and unsure of the steps to take to get rid of their debt once and for all, and even pay it down.
No Comments | Tags: Credit, credit card, credit card debt, credit counseling, debt, Debt Consolidation, debt management, debt relief
