Debt Consolidation

Custom Search

Debt Consolidation
Debt Relief
Get Out Of
Student Loan Debt
How to Avoid
Debt Consolidation Loans
Debt Collection--Tips for
Debt Management Plans
Consolidate, Before It's
How To Find
Bad Credit Debt
Business Debt and
Christian Debt Consolidation
Consumer Debt Consolidation
Credit Card Debt
Debt and Bill
Debt Consolidation Advice:
Debt Consolidation Companies:
Debt Consolidation Credit
UK Debt Consolidation
Debt Consolidation
Unemployed debt consolidation:
Credit Card Debt
Debt Specialist In
What can debt
Debt reduction companies
Play the Credit
Understanding Credit Card
The Pro's and
Open the Cash
16.4% APR $5,000
Credit Cards Debt
Consolidate All Your
Pay Off Debt
Reducing Credit Card
What is a
Burdened with Debt?
Debt Consolidation
Debt Relief
Debt Consolidation Companies: Common Pitfalls to Avoid
by JordanDunham
It's difficult not to notice the incredible growth that there has been in companies offering debt consolidation programs and solutions over the past few years. At first, debt consolidation companies were some of the biggest advertisers on the interne
It's difficult not to notice the incredible growth that there has been in companies offering debt consolidation programs and solutions over the past few years. At first, debt consolidation companies were some of the biggest advertisers on the internet and there are now more loan consolidation TV commercials than we've ever seen before. However, a great number of these debt consolidation companies are now being sued by numerous attorney generals, the IRS, and the FTC over their supposed ˜non-profit status.

One of the worst debt consolidation companies has actually had a federal lawsuit filed against it and the FTC and five individual states have filed separate lawsuits against the company. This company declared Chapter 11 bankruptcy but the reality is that they have not gone out of business themselves, they have simply changed into so many other companies that they are most likely around in some form.

Interestingly, many companies do not call themselves ˜debt consolidation companies anymore because of the bad press that all of the legal action against this first company generated. You may hear of ˜debt negotiation companies or ˜debt settlement companies who are basically ˜debt consolidation companies who are using illegal tactics and should be avoided.

You can check out any debt consolidation companies, or any other company for that matter, with your local consumer protection agency and the Better Business Bureau in the company's location. Be aware that debt consolidation companies with a good rating may mean absolutely nothing. In fact, over 75% of the complaints received by the Better Business Bureau do not count against the company's rating if the complaint is considered resolved. The Better Business Bureau has no authority to investigate complaints against debt consolidation companies, nor resolve them.

One particular word of advice is to avoid any debt consolidation companies who have a registered address in Maryland or Florida. This is because these two states do not regulate debt consolidation companies. There are so many debt consolidation companies available that if you really feel that this is the best course of action for you then avoiding those in Maryland or Florida should be simple and will save you the worry of dealing with a disreputable organisation.

You can find a number of websites that offer a customer review section for debt consolidation companies. This is worth checking out to see if customers of any of the debt consolidation companies that you are considering signing up with have had problems dealing with them in the past.

The site is not responsible for any content in it. E-mail: alldir[at]gmx[dot]com
debt consolidation, home loan, mortgage, debt free, debt help, refinance, equity loan, unsecured, secured debt, bankruptcy, credit card , bad credit, payday, cash advance, cash settlement, line of credit, student loan, interest rate, borrow money, car loan, adverse credit, compensation, quote, credit score, consolidate debt Round Lake Heights village (pt.) Pittsburg town Ring Thunder township Sabetha Maddock Good Hope township Balance of Salem township Casey city (pt.) Belle Valley village Colorado Springs Sheffield town Windsor borough Moyer township Balance of Cass County Berkley York Fairview Roseto borough Statham East Brady borough Springboro city (pt.) Eagle Lake Balance of Webster township McConnellsburg borough Richview village Nesquehoning borough Cold Spring township Truro township Elgin city (pt.) North Braddock borough USA UK Australia Canada Hungary Palau Samoa Nagorno-Karabakh Hungary Anguilla Portugal Nigeria Mayotte Namibia Ross-shire Essex Cornwall Hertfordshire Lincolnshire Cumberland Montgomeryshire Hampshire London Inverness-shire Michigan (MI) Missouri (MO) American Samoa (AS) Vermont (VT) North Carolina (NC) Florida (FL) Northern Mariana Islands (MP) South Carolina (SC) North Dakota (ND) Northern Mariana Islands (MP) Oklahoma (OK) California (CA) Mississippi (MS) Mississippi (MS) South Dakota (SD) Arkansas (AR) New Jersey (NJ) Palau (PW) Illinois (IL) North Carolina (NC)