Archive for the ‘Debt Settlement News’ Category
Federal investigation boosts concerns over debt-relief firms
Wednesday, May 19, 2010 15:55 1 CommentGovernment Accountability Office finds companies give exaggerated descriptions of success rates while many clients end up deeper in debt. Kim Geiger April 22, 2010 | 8:26 p.m. Reporting from Washington A new report by undercover government investigators bolsters longstanding concerns that companies promising to help consumers overwhelmed by credit card and other debts often turn [...]
Consumers May Consider Debt Settlement Plan
Wednesday, November 18, 2009 18:17 6 CommentsDebt settlement is one way that consumers may be able to find some help when it comes to money management. A consumer credit counceling agency can refer a consumer to a debt settlement company, which in turn can negotiate with lenders in order to reduce the amount a consumer owes on things like credit [...]