Archive for December 31st, 2011
Laurie Campbell, executive director at Credit Counselling Service of Toronto, with Rob Carrick from the Globe and Mail discuss managing debt. What kinds of debt are people carrying? What puts people over the edge so that they can no longer manage their debt? Will an upturn in an economy help those with debt? Why is it better to be proactive with debt? www.getsmarteraboutmoney.ca
Geraldo Kotera
credit counseling, debt management plan, debt management plans, debt management program, best debt management program, credit debt management, debt management firms, debt management companies, debt management services, debt management center
Ian Ogawa
Some debt management companies have been holding on to clients’ cash rather than paying it to creditors, a BBC investigation has found. The Office of Fair Trading (OFT) has condemned the practice as “totally unacceptable” and has promised a crackdown. One senior figure in the debt management industry says 10000 people could be in danger from the practice. You have been warned!!!
Peter Czapor
Learn the differences between credit counseling’s debt management program and debt settlement scams. Howard Dvorkin, founder of Consolidated Credit Counseling Services ( www.consolidatedcredit.org ) discusses how many desperate consumers may turn to debt settlement companies, but some fall prey to unscrupulous firms, winding up in worse financial straits than before.
Clementine Faglie
There are a couple of ways to pay off credit card debt, including getting a consolidation loan, making more than the minimum payment and starting by paying off the cards with the higher interest rates
Suzanna Dadson
Better deal for people in debt.
Lili Pinke