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Finally a Realistic Way to Get Debt Relief
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Has the economic downturn affected Americans’ credit card use? Is credit card debt more harmful than other types of debt? Can we protect consumers from falling too deeply into credit card debt? Tim Westrich of the Center for American Progress weighs these questions in the latest installment of CAP’s ASK THE EXPERT series.
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The bank billed a Hollywood couple for a $2,000 credit card balance it wrote off 10 years ago plus interest — a total of $5,195 — even though the statute of limitations has passed.
Read more at http://lat.ms/gsI1xe
Video produced by Nathan Olivarez-Giles of the Los Angeles Times.
Duration : 0:1:28
A guide on how to tidy up your debts with a debt consolidation loan.
More advice on debt loan consolidation at http://walletwatchershow.com/2007/11/25/tidying-up-your-debts-with-a-loan/
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Reporter Mark Huffman urges caution when considering a credit counselor
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debtorelief.com educates consumers who are over their heads in credit card and other unsecured debt how to get out of debt. Free Special Report, articles and interview with debt specialists are offered at http://www.debtorelief.com
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http://www.cambridge-credit.org — Attorneys general from Illinois to West Virginia have become serious about combating abusive practices within the debt settlement industry. In New York state, Attorney General Cuomo recently announced that the state has secured subpoenas against 14 national debt settlement companies. At the same time, the Consumer Credit and Debt Protection Act was introduced in the U.S. House of Representatives in an effort to reign in the industry. Watch this week’s webisode from Cambridge Credit Counseling Corp. to learn more. Host: Community Outreach Director, Thomas J. Fox.
Duration : 0:5:25