Archive for the ‘Danger’ category

Beware Debt Settlement

May 9th, 2011
money stop sign

MONEY CAUTION

You have probably seen the ads on TV about debt settlement.  Sounds pretty good right?  According to the pitch, you can borrow money and then you don’t have to pay it all back because a settlement company will make a deal somehow with your creditors.

If you are even considering a settlement, STOP RIGHT NOW and consider some of the facts. Debt Settlement companies are often criminal enterprises masquerading as legitimate business.  They may have a beautiful web site or an expensive looking advertisement but that alone does not mean they won’t disappear with your money, credit card numbers and social security number.
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