As I said in my welcome, it is a “debt solutions jungle out there.” As this helpful piece from the Associated Press (via the Buffalo News) attests, debt settlement is part of that jungle.
For consumers the real problem is the “noise on the line.” What’s free, what’s a come-on or outright fraud, what can I do on my own vs. needing help, are their alternatives to bankruptcy, how do various solutions impact my credit score, etc., etc., etc.
Nonprofit credit counseling hasn’t been immune from problems and it is not a cure all, but look here for a glimpse of how a free credit counseling session works.
Tags: credit counseling, debt settlement
July 2, 2009 at 6:38 pm |
None of the solutions are good but a consumer that does a full review of all the options can make a much better choice for their situation.