Easy Debt Relief!

Problem: Rachel stays in Boston and has recently started dealing with a debt consolidation company to clear off her debt. However, after about 3 months of working with them she found out that this company paid none of her creditors. She has been receiving repeated collection calls and doesn’t know what to do. She has paid this debt consolidation company the money that they have asked for but is worried if she should pay them any further.

Solution: Like Rachel a lot of you may not be able to easily to distinguish a scam company from a sincere one. However, there are still ways to find out if a consolidation company is a fraud or not. In this case, many a times it may happen that the process that the consolidation company follows may not be clear. Many companies first stock the money for a few months and only then start making payments. Full Post…