Vision Credit Education, Inc.

WRAL announced a story explaining “the secret to consolidating your debt.” What they found was that avoiding debt settlement companies is the secret. Find out why some consolidation options can be a lifesaver while others can put you deeper in debt.

Air Date: Wednesday, February 18, 2009

The 5:00 Evening News on WRAL-TV highlighted the types of debt consolidation that consumers might consider. Find out why some consolidation options work better than others. Also, you can learn why some types of organizations work better than others at consolidating your debt.

With credit markets still tight, it is difficult to find loans for consolidation purposes. Whether you are seeking an unsecured personal loan or tapping into your home equity, lending requirements are much more stringent than before. There can be additional options you may not have connsidered.

Debt settlement might sound good until you find out how high the fees are and how dismal their track record is. Most of their customers end up in worse shape as a result.

Find out why you should check with the Better Business Bureau before deciding to do business with any particular organization. A negative rating may be signs that the organization cannot deliver what it promises. Alternatively, an organization with an “A” or “A+” rating has demonstrated a commitment to service and is free of any unusual pattern of complaints.

Related Links

Here is the original story by WRAL–Debt Settlement Companies Can Lead to More Debt

Debt Settlement Companies Can Lead to More Debt