Debt settlement a bad alternative to bankruptcy

Debt settlement a bad alternative to bankruptcy
By Liz Weston NerdWallet.com, Aug 30, 2017 (a summary from South Bend Tribune)
Many people believe that hiring a company to settle their debts is better on their credit, will cost them less in the long run and will generally be better than a bankruptcy.  This is what the debt settlement industry would like you to believe.  The following are some clips from an article by Ms. Weston which details the real cost of debt settlement.

Debt settlement a bad alternative to bankruptcy

Debt settlement a bad alternative to bankruptcy
By Liz Weston NerdWallet.com, Aug 30, 2017 (a summary from South Bend Tribune)

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Consumer Finance Protection Bureau Knocks Out A Scam

CFPB Knocks Out Another Scam Yesterday, the Consumer Finance Protection Bureau put another credit repair outfit out of business. This was National Credit Advisors.  These folks claimed that you can use them to “free yourself from bad credit.” According to the Consumer Finance Protection Bureau, they collected $20 million from 50,000 consumers over a three […]

Consumer Finance Protection Bureau Knocks Out A Scam

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