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Is Debt Settlement a Good Idea?

When is debt settlement a good idea?

It’s a common scenario. You find yourself over your head in debt and see an offer like the one pictured here, promising to get you out of debt, fast and easy! Most debt settlement companies are little more than a scam.

The plan is that you [...]

Get Out Of Debt with DebtGuru: a Non-Profit Consumer Credit Counseling Organization.

Debt is never a good thing. Sure, there is bad debt and not-so bad debt (like mortgages and student loans), but generally speaking, it’s always best to eliminate your debt when you can and avoid it in the future.

Debt is especially bad in times of economic distress. Recessions often lead to job loss [...]