Pool Your Debt Schemes Also called debt consolidation or debt pooling, budget planning or debt adjusting companies, these people end up increasing, not decreasing, your debts, once you pay their debt consolidation charges. Some of these companies charge outrageously high interest or fees that may amount to illegal loan sharking operations. If you need help […]

Repair Your Credit Schemes Major credit bureaus offer services that let you check your credit file. Under some programs, you get a copy of your credit file as often as you want for $30-$50 per year and receive notification every time a creditor receives a copy of your file. Federal law already lets you see […]

“Free” Vacations A favorite giveaway to lure you to sales presentations, such as those peddling condos, is the promise of a dream vacation to Hawaii, the Bahamas or Mexico. In fact, what you get is a vacation certificate. To take advantage of it, you must typically deal with an out-of-state travel agency by mail, not […]

Get in the habit of paying as you go. Paying cash for an item not only gives a person that sense of confidence and well-being, it keeps debt at a lower balance than the previous month. If you do charge for an item with the intention of paying it off when the bill comes due, […]

“Take-Their-Money” & Disappear Schemes Most people make major financial expenditures without really looking at all the facts. This kind of action is downright dangerous and certainly not smart. The ultimate cost and alternative possibilities are seldom considered when someone is swept along in a desire to acquire a new home, car, business or other personal […]