Considering debt settlement? If you think it’s too good to be true…it is.

If you are considering debt settlement services to find financial relief, read this article before taking the next step.  On a 10-point scale, this financial expert rates debt settlement a 9.5—with 10 being the worst for your credit.  This puts debt settlement one small step behind bankruptcy and losing your home. Debt settlement agencies won’t tell you about their hidden fees, the extra taxes you will owe, and the horribly negative impact it will have on your credit.

http://finance.yahoo.com/banking-budgeting/article/107996/how-bad-are-your-credit-card-mistakes?mod=bb-creditcards

Scary, isn’t it?? Fortunately, there are other debt relief opportunities for you to consider. When exploring your options, make sure you are speaking with a reputable, non-profit, credit counseling agency such as National Foundation for Debt Management, Inc.  At NFDM, you will be speaking with a certified counselor, (not a commission-driven employee) trained to design a debt relief plan suited to your specific needs.

Browse National Foundation for Debt Management’s website for more information regarding your financial needs. NFDM is a certified nonprofit organization, based out of Clearwater, Florida. Their list of services includes debt management plans, financial literacy education, and reverse mortgage counseling.

http://www.NFDM.org

Visit National Foundation for Debt Management’s FaceBook page to see the exciting community events NFDM is participating in and receive practical advice for budget-friendly living.

http://www.facebook.com/home.php?#/pages/National-Foundation-for-Debt-Management-Inc/91254464758

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.