Drowning in Credit Card Debt - Jim & Jade in the Morning - Howard Dvorkin

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Uploaded by on Aug 20, 2008

Americans are maxing out their credit cards and having trouble paying off debt. Jim & Jade in the Morning interviews Howard Dvorkin, founder of Consolidated Credit Counseling Services ( http://www.consolidatedcredit.org ) about creditors hidden fees and ways to avoid the credit card debt trap.

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  • Too many people choose the wrong kind of credit card debt help. They deceive themselves into believing they can manage a debt management payment plan, or they can afford to begin a lump sum debt settlement savings plan (where they skip their monthly payments to bank that money with a debt settlement firm to one day offer a final lump sum settlement amount).

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