Wednesday, October 6, 2010
It is tough in these hard economic times to get out of debt, and that is why so many people are turning to companies that promise them that they can become debt free. However, there are also many companies out there that are trying to scam you at the same time. That is how the credit card debt relief obama act can help because this new FTC rule states that no debt relief agency can charge up front fees. Many companies are charging these large fees, and you have to watch out for them. If you are trying to become debt free, you need to checkout this website first before deciding to go to one of these debt relief companies. You need to make sure they are legit. Most legitimate companies will bend over backward to give you the education that you need to help you manage your debt. If the company doesn't do that, they probably are a scam. Credit card consolidation scams are becoming increasingly more popular because there are so many people looking for help. So before you commit to one of these programs, you need to read about them first to make sure you aren't going to be scammed.