Category Archives: Debt Consolidation Loans

Bankruptcy Can Sometimes Lower Debt When Chicago Debt Relief Companies Can’t

There’s a big difference between debt relief and debt relief. And no, that’s not a typo. You’ve probably heard the advertisements on the radio and read them on the Internet – so-called debt relief companies claim they can negotiate with your creditors in order to get your debt paid off. They promise you’ll have a… Read More »

Debt Consolidation Scams Can Actually Keep Chicago Consumers in Debt

If you’ve got too many debts to keep track of, consolidating them into one big bill makes sense, right? In theory, yes. Reality, however, is another story. If you’re like most folks, you’ve probably heard debt consolidation companies claim they can lend you money to pay off your debts at a lower interest rate. But… Read More »

Chicago Bankruptcy Attorneys Caution Against Consolidation Loan Scams

When my credit debt was at its highest, I encountered a very interesting phenomenon. It seemed as if I was getting more credit and loan offers – and some at better rates – than ever before. It just didn’t make sense – why would anyone rather lend money to a person with a history of… Read More »