Have you ever wondered if what you know about debt consolidation is accurate? Consider the following paragraphs and compare what you know to the latest info on debt consolidation.”Legally terminate credit card debt! You can be debt-free in 4-6 months!” Advertisements like this are for a new type of program that has spread via the Internet over the past few years. It’s called “Credit Card Debt Termination,” and victims are paying $1,000s for this bogus service. One victim I spoke with lost more than $15,000! In this article, I’ll review the principles behind this program and explain exactly why it’s a scam to be avoided. First, let’s get our definitions str…Take time to consider the points presented above. What you learn may help you overcome your hesitation to take action.

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