5 Truths About Debt Consolidation Programs

1. They are not designed to get you out of debt
2. The not-for-profit ones are no better than the for profit ones
3. Most people don’t get out of debt using a debt consolidation plan
4. Bankruptcy, even Ch 13, is often better than a debt consolidation plan
5. The debt consolidation industry fails to tell you that they take kick-backs from the creditors to collect money from you

See more, here

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