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BBB Alerts Heavily Promoted Debt Action Plans May Sink Consumers Instead of Helping Them Stay Afloat

Chicago, IL-(ENEWSPF)- Offers to help consumers out of debt are extremely tempting in troubling economic times. The Better Business Bureau (BBB) advises consumers to know the differences among the heavily promoted action plans, including debt negotiation, debt settlement and debt elimination. Without understanding the differences, consumers could end up making their financial situation worse, warns the BBB.  

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"Consumers are bombarded every day with ads and e-mails offering services to manage or reduce debt.  It…

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