Mo. AG sues Texas company over debt-help promises

Mo. AG sues Texas company over debt-help promises June 5, 2009

Posted by BDO in News.
Tags: beating, consumer, counseling, Debt, depression, economy, finance, legal, relief
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Koster says the Richardson, Texas, company advertised that it could get customers out of debt within three years and cut their monthly credit card payments in half. But he says the company took customers’ money without solving their problems.

Another company is now a part of court battles, because many are experiencing that these “Debt Relief” and “Debt Counseling” services are more about MAKING MONEY than actually helping people out. We’ve talked about this in an earlier blog posting called, “Debt Relief and Credit Counseling“. As we are seeing, most of the companies that are popping up all over our radio, TV, and internet are service companies that are out to MAKE MONEY. Please evaluate these companies critically and ensure they are preforming a service that you can not do yourself or that is really worth it.

During the “greatest economic downturn, since the Great Depression“, many people are trying to use our frustration, hesitation, and fear to manipulate us to MAKE MONEY and wield power. Be on your guard and stick with your current plan to beat debt to make a successful financial marathon.

For more on this article, click here.

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