One of the symptoms of this economic recession is the recent explosion of debt management advertisements on TV and on the Internet. Debt management is a complex and sometimes confusing topic and these ads only complicate the situation by providing misleading information and making false promises. Despite what these companies tell you, there is no […]
Not a Good Sign for America’s Credit Card Holders
Countless businesses throughout the nation are having to try their hardest just to stay afloat due to the stagnant economy, but Visa somehow managed to increase its profits by 73%. In order to make that much money, lots of people must be using their credit cards. However, most consumers do not have the spare cash […]
Avoid the Pitfalls of DIY Debt Management Plans
Do It Yourself Debt Management Plans – Good or Bad Idea? Although consumers have many options for resolving past due debt, one solution, the debt management plan (DMP), is often preferred even though it is typically the most costly option for consumers. The reason: it is well-marketed by “non-profit” credit counseling agencies that receive much […]
How Debt Management Plans Work
How Do Credit Card Debt Management Plans (DMPs) Work Debt management plans work effectively to help get you out of debt faster. When you are looking for credit relief, you often need a helping hand. Otherwise you could be taking years to pay off your debt because of high interest rates and various penalties. By […]
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