If you have a credit card debt so high that you can not afford the monthly payments on all bonds, debts could be your way out. But you probably do not see or hear in any newspaper or TV on this subject.

journalists feel your pain, but they do not seem to understand. After sampling the flood of news accounts published regularly on the subject, it seems they have not. If fact, they could fight for a real person to talk business debt settlement

Looking for a forgotten word in newsrooms

Full Disclosure.? I’m in the area of debt settlement for years. But it’s not me, it’s about you and important information that will help you get out of debt could – if I even reported about it. the credit card debt is causing serious problems and we need better coverage of all possible solutions.

I should mention that seeing a good settlement company in a newspaper article, and there are plenty of them. But it seems reporters have made their mind before starting.

Two new articles in national publications illustrate my point of view, one of a journalist from Associated Press and USA Today. I will do in one minute, but first we will examine some basic facts that all the specialists of the debt settlement good how about when it comes to credit card debt or other unsecured debt

debt settlement. not

* is for everyone – in general, she met people with more than 000 in unsecured debt, making it an event such as divorce, job loss or medical bills, that unable to keep their financial obligations are:

* plays an important and legitimate role to support these people slash debt credit card, then on his life,

* continued acceptance since 2005, when New laws in Chapter 7 bankruptcy won almost impossible for most people, and

* Better Business Bureau receives fewer complaints as a popular alternative, credit counseling and successfully resolve a larger percentage of them

There are bad. Society? Of course it is, but some journalists seem to think the “bad” is the only type Let’s go for more details.

The important information is missing Associated Press Story

A recent article by Candice Choi, Associated Press, the publications online and offline to run nationally. It is typical of the current series of the article – is incomplete and unfocused

Choi attributed any idea or a quote that someone has been in the industry of debt settlement by writing about it .. Instead, they extensively quoted an officer of the National Foundation for Credit Counseling, and provided a link to the NFCC. The industry of debt settlement, starting with NFCC has been created by banks and credit card companies. Its purpose is legitimate and important. But not everyone thinks that an organization founded and supported by the interests of the banks will put their stamp of approval on a legitimate approach and very effective alternative to debt reduction credit card? Do not hold your breath.

There was no mention of the Association of Settlement Companies (TASC), the professional association for the industry of debt settlement. Maybe Choi tried to ACS, maybe not. Had they done so, and get no answer, it seems, they mention that in its history.

halfway with USA Today

At July 21, 2009 article in USA Today by Sandra Block is slightly higher than the marks and provides incomplete support for people in credit card debt high . used their citation rates on par industries debt service:

“For some borrowers with high debt that can not be repaid within three to five years, reputable companies debt settlement offer an alternative bankruptcy, said Gerri Detweiler, credit adviser for Credit.com, a consumer site. “

This was would be more impressive if it’s already blocked from our industry to a” weight loss product , you gain 10 pounds for the cause. “

For more information about debt solution credit card called block debtadvice.org readers and the website of the Association of Independent Consumer Credit Agencies counseling. It makes no mention of the GBA, let alone a link to the website of the organization.

Block outlined four “red flags / warning signs” to look out for whether a person can take into account the debt. All four were valid arguments that have contributed to its history precisely on the problem debt credit card, but not quite right. have

Red Flag, Green Flag

Article Block would be instructive, they took a little “green flag” to highlight the characteristics of a good company. If they had done more research and Choi, maybe they found some positive aspects, such as these have

worthy of debt settlement companies.

* explain the advantages and disadvantages in advance, stating clearly that the debt is not for everyone *

keep the customer involved in any decision of establishment, rather than the decision for the customer, the order in which debts are paid and,

* explain clearly what the cost, and collect their fees over a period of several months, the client does not satisfy all at once, and accredited

* Have a thorough, independent “To obtain the status of best practices in TASC members.

I have not seen all these points mentioned in a newspaper article on the national debt unsecured credit card. Why? When journalists call someone in our industry to give input to their stories?


high debt credit card