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Business

The New Poor - Peddling Relief, Firms Put Debtors in Deeper Hole
Business  (tags: recession, debt settlement programs, buyer beware, rip-off, virtual ponzi schemes, predatory lending, preying on the poor, BBB, state attorneys general, US Organization for Bankruptcy Alternati, scam )

Judy
- 1643 days ago - nytimes.com
Consumers rarely emerge from debt settlement programs with their credit card balances eliminated, these critics say, and many wind up worse off, with severely damaged credit, ceaseless threats from collection agents and lawsuits from creditors.
   

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