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Scam Warning

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Hi Everybody!

 

It grieves me to have to tell you this. I financed my clinic with a

patchwork of loans on the advice of my SCORE counselor. Now that

everything is all together he suggested that I consolidate the credit

card debt into one of those debt management programs. It turns out that

they are not all operating legally, and yes, I picked one of the bad ones.

 

This came to light when I saw a magazine piece about it. All of these

claim to be non-profit but the scammers have a definite method of

operation that you can spot by HIGH FEES and no actual counseling.

 

If it is a good program the fee will be no more than $50 start-up and no

more than $35 per month. This is an interesting article on it:

 

<http://www.consumerfed.org/040903ccreport.html>

 

It is too late for me. I hope no one else falls for this.

 

Regards,

 

Pete

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