Credit card advice – why consumers should be skeptical of free credit counseling services
December 31st, 2011She would work for free? Your spouse would work for free? Can you convince free for you to work employees? It is obvious that you get to pay for the services you enjoy. In this scenario if a card, the Consulting offers your financial situation you experts analyse and advise you free of charge, should suspicious?
When you pay not asked are, who will pay for the service? There are two parties involved advice transaction for credit card. One-the borrower be analyzed their finances.Two-the card companies on loan money to the borrower hat.Der consulting expert offers the services of intermediaries and helps to achieve the parties joint mutual ground.
In theory sounds very nice. The practical reality is that joint mutually beneficial soil for the credit card company is always tilted. Why? Read the rest of this entry »