Eliminate Debt Central

Here’s something to put at the top of your list of terrible deals – unsecured personal loans for bad credit borrowers. Not only do these types of loans hurt those who can least afford to be punished with high interest rates, the borrower can easily get trapped into rolling these loans over again and again.
If [...]

When you trying to get out of debt, one the most important things that plays a major role is how you view and treat your money.  And I’m not talking in a conceptual sense like budgeting and compounding interest.
Many people today just view money as a form of transaction to get something. If I need [...]

In this day and age it can be hard for just about anyone to get a loan for the money they need when a financial emergency arises. If you have a bad credit rating due to mistakes made in your financial past then you are going to have an even harder time than average, especially [...]

When thinking about credit card debt management it is very important that you come up with an organized plan of attack.  If you try to accomplish this arduous task with no organization then you will most likely fail miserable. Luckily, I have devolved a plan to get you started. Follow along below and you will [...]

A bill consolidation company is similar to a debt consolidation company, in that in both instances you employ an outside company to help with financial management. If you are tired of having to pay multiple bills every month and you would like to simplify the process or if you are constantly late in paying your [...]

Probably one of the most common questions I get these days, other than “how do I eliminate my credit card debt?”  is this: “How can I lower my credit card payments?”  Pretty much everyone carrying a balance on their credit cards could benefit from knowing the answer to this very question.
Not suprisingly, most people simply [...]

Unless you’ve been living under a rock for the past few years, or unless you simply tune out everything you hear that is debt related, you have undoubtedly seen, read, and/or heard advertisements promising you seemingly great, easy ways to eliminate your debt.

Those of you who are pretty cynical probably think that most of these ads promising to eliminate debt are too good to be true and are likely out right scams. Still others of you, particularly those who are struggling with debt and desperate for a little help, are probably filled with curiousity or optimism upon hearing these ads.

Unfortunately for most of us, the “debt help” industry has exploded in recent years into a huge and very profitable market for companies offering up debt “solutions.” Please note the quotes around the terms debt help and solutions, they are there for a reason.

The truth is that there are legitimate companies that can and will help consumers to get out of debt faster and for less money than they could on their own. However, these days it seems these companies are few and far between, often lost in the barrage of advertisements from companies profiting from the exploitation of these consumers.

We will be posting about legitimate programs and services for people in need of debt help soon. But for today, we will be focusing on companies and programs who will scam you while promising to eliminate your debt.

Welcome to Eliminate Debt Central! This site is designed to be your go to source for honest, accurate information and advice on how to best get out of debt fast.

There are countless methods and strategies touted for dealing with debt and, now more than ever, people are scrambling to address their personal finances and eliminate the burden of debt from their lives. How great would it be to keep all that money that you are paying out to your creditors every month?

Unfortunately, there are literally tens of thousands of people, companies, and websites looking to take advantage of people just like you. With all the contradicting information and different sales pitches, it is impossible to know who to trust. How will you ever decide on a plan to tackle your debt?

The truth is, nearly all the advice you hear or read is at least slightly misleading, and much of it is blatantly false. Companies that are looking to help you with your debt, even non profit organizations, profit in one way or another when you choose their services. Even so called gurus like Suze Ormond and Dave Ramsay stand to profit from the attention they get, and the advice they give is not always on the mark.

So, where should you turn then? After much searching, it seems to me that trustworthy, credible sources of debt help are few and far between.

As a certified financial counselor and as a person who has struggled with debt of my own, I have created this site as THE trusted debt guide for you to turn to. My pledge is to give honest, accurate advice with no consideration for profit motives.

How can you trust me? Do I stand to profit from your misery as well? The fact is, I do one day hope to profit from this website. However, my solemn promise is to never, EVER let the potential for profit affect the advice and information I give in any way. If I am ever to make a single penny off of this website, it will be due to my reputation and integrity in helping you get out of debt. I will not risk that for any sum of money.