Posted on 12 June 2011
Tags: advertisements, Business_Finance, company, Confidence trick, Debt, Debt Consolidation, debt consolidation company, debt consolidation services, dire need, doors, driver, electronic media, false promises, financial woes, first contact, fraud, fraudulent companies, lending institutions, loan, lookout, presence, scam companies, scammers, telephone conversations, television, Third Party, united states
For those of you who are looking to get professional help to solve your financial woes, consulting a debt consolidation company is the best option. However you need to be aware of the risks that are involved.
Debt Consolidation Scammers:
There are many debt consolidation services that are not really what they look on the outside. There are many scammers in play. There is a constant presence of such fraudulent companies out there. These fraudulent companies are on the lookout for desperate people who are in dire need of help in solving their financial problems.
Such debt consolidation scammers use the print and electronic media to advertise themselves. This is the very reason why you should never believe everything you see on the television or internet.
Falling into the trap set by these scam companies can open the doors for more troubles for a person who is in debt. He could easily find himself in far more financial problems than before.
First contact with a fraudulent company:
If you have responded to one of the advertisements of these companies, you will get to speak with an agent that is actually a third party. Most of these telephone conversations will end up with you being offered a loan. Read the full story
Posted on 15 December 2009
Tags: annual interest rates, big financial trap, Craigslist, loan, paycheck, payday lender, payday loans, rent, rent a car, rent a computer, rent-a-centre, television, Things You Should Never Get on Rent, you should never
If you have planned to move within a couple of years then it is better to rent a home rather than to buy it. And if you live in an urban area with good public transportation then occasionally renting a car could be a more sensible decision than owning one.
Renting is mostly a big financial trap
But for other things, renting is nothing but a big financial trap. It seems that the fact that is being disguised by the low payments is that you’re giving more and getting less than what you would if you have bought the same thing that you have rent.
Which things you should never Rent?
Here I have mentioned five things for which renting is a terrible idea:
1. Rims.
At Rent A Wheel in Van Nuys, Calif., for a set of VCT Grissini wheels you can pay the cash price of $1,612, or as an alternative you can pay $62 a week for a year — and pay for them exactly double as $62 times 52 weeks is $3,224.
Read the full story
