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What about debt management?


Q What is your opinion of debt management programs? What are the pros and cons pros and cons
Noun, pl

the advantages and disadvantages of a situation [Latin pro for + con(tra) against]
?

--K. Smith Via the Internet Internet

Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the
 

A Entering a debt management program is a serious decision, and I think it should be viewed as a very last resort. Unfortunately, they're not always trustworthy, and many have taken consumers' money and given them more headaches than credit relief.

While debt management programs can be helpful in highlighting some debt reduction strategies or mediating some claims with creditors, you have to pay for the services they provide. The monthly lees lees  
pl.n.
Sediment settling during fermentation, especially in wine; dregs.



[Middle English lies, pl.
 you pay these programs to help get you out of debt could be better used actually paying off your debt.

From a practical standpoint The Standpoint is a newspaper published in the British Virgin Islands. It was originally published under the name Pennysaver, largely as a shopping-coupon promotional newspaper, but since emerged as one of the most influential sources of journalism in the , the only ways to get out of debt are 1) to cut expenses so you can pay down debt of 2) increase your income and pay off debt. At BLACK ENTERPRISE, we believe that everyone can find ways to eliminate debt on their own. In our Wealth Building Kit, which can be downloaded free at www.blackenterprise.com/wbkform .asp, you will find our 10 wealth building principles, and principle No. 4: to engage in sound budget, credit, and tax management practices, can get you started on the right track.

The Internet offers an abundance Abundance
See also Fertility.

Amalthea’s

horn horn of Zeus’s nurse-goat which became a cornucopia. [Gk. Myth.: Walsh Classical, 19]

cornucopia

conical receptacle which symbolizes abundance. [Rom. Myth.
 of information on debt management programs. If you decide that debt management is for you, the Federal Trade Commission Website (www.ftc.gov/ bcp/conline/pubs/credit/fiscal.htm) contains information you'll need.

Mail your money management questions to ask B.E. BLACK ENTERPRISE 130 Fifth Ave., New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, NY 10011 or send an e-mail to scottm@blackenterprise.com.
COPYRIGHT 2004 Earl G. Graves Publishing Co., Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Title Annotation:Ask B.E.
Author:Scott, Matthew S.
Publication:Black Enterprise
Article Type:Brief Article
Date:Aug 1, 2004
Words:270
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