Discusses the "debt termination" or "debt elimination" scam, where promoters claim that debt can be "erased" using obscure legal documentation. Explains the bogus theory behind a scam that has bilked millions from vulnerable consumers.
Credit protection insurance is a good example of a consumer rip-off that affects millions of people, yet receives little attention in the financial media. Simply stated, you should NEVER buy "credit protection insurance," or a "payment protection plan" or any other similar type of credit-related insurance. Let's take a look at how these programs work and why they are a bad deal for the average consumer. First, let's dispense with the scam version of this insurance. With id...
Credit card debts can be most difficult to get rid off. It is often advisable to take credit card debt consolidation loan to meet these debts. In this article we discuss various benefits and the ways we can use the loans to our best.
The concept of credit is not new. In ancient Egypt and Babylon more than 3,000 years ago merchants bartered with currency and services in order to maximize their spending processes, often collecting what we now call interest on payments that were late or past due. Credit cards themselves, however, didnt surface until the early 1950s. American Express and the Diners Club were the forerunners in plastic money, and issued their first credit cards to fewer than 200 ...
Avoid the post holiday blues by learning tips and tricks to reign in your holiday spending.
Everyone has fixed expenses which are the basic of needs for our daily living. There is no way to eliminate the fixed expenses but with some innovative budgeting, you could save some good money. Get some ideas from this article.
Describes important differences between the three major approaches for debt reduction. Explains why debt termination is a scam, why non-profit debt management services are not always the best choice, and why do-it-yourself debt settlement is a superior alternative to bankruptcy.
Discusses the debt elimination scam that has spread on the Internet via network (multi-level) marketing schemes. Advises consumers how to easily spot this scam, which is often confused with legitimate debt reduction solutions.