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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

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3 Responses to 5 Truths About Debt Consolidation Programs
  1. Debts
    August 9, 2010 | 11:59 pm

    Very Nice blog,very informative.Thanks for the post.
    ———————-
    Marlynn

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  3. faisal
    January 6, 2011 | 11:51 am

    Hi
    this is a really good blog ever.
    ============================
    Debt Advice UK

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