Top Ten Signs Your Debt Consolidation Company Is Trying to Bankrupt You

Americans who once thought that open lines of credit were as good as money in the bank have been getting some rude awakenings. Applications for emergency lines of credit for medical bills are going up, while credit card companies are shrinking available credit limits, even for their best customers. Many of us may seek help from credit counseling agencies or from debt consolidation firms. However, it’s easy for scam artists or fly-by-night operations to set up shop long enough to rob you of your cash. Be wary when a prospective debt consolidation firm shows any of these ten warning signs.

View the full story on…

Joe Taylor Jr. has produced stories about media, technology, entertainment, and personal finance for over 25 years. His work has been featured on NPR, CNBC, Financial Times Television, and ABC News. After launching one of public radio's first successful digital platforms, Joe helped dozens of client companies launch or migrate their online content libraries. Today, Joe serves as a user experience consultant for a variety of Fortune 500 and Inc. 5000 businesses. Twitter | Facebook | Instagram

Leave a Reply

Your email address will not be published. Required fields are marked *