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Category Archives: Debt Consolidation Loans

How “Debt Resolution” Can Get You Deeper into Debt

You may have seen ads or received direct mail from a “debt resolution” service promising they can settle your credit card debt for a fraction of what you owe. That may sound like just the solution you need, until you discover how they intend to do it. They want you to challenge the banks to… Read More »

Consumers Beware: Avoid Debt Elimination Scams with Due Diligence

If you are experiencing financial difficulties, the last thing you need is to be taken in by a scam. Unfortunately, debt elimination scams are an increasingly popular way for fraudsters in Illinois to take advantage of people when they are most desperate. One of the most important things to look out for is the general… Read More »

How Can I Protect Myself from Debt Relief Scams?

Debt is big business.  Companies and individuals use your debt as way for them to make money, but tend to leave you in further debt. Debt consolidation loans in Illinois, which compile all of your debt into one monthly payment, are often used in this manner.  These loans lure homeowners into using their houses as… Read More »