Search
Recommended Sites
Related Links






Valid XHTML 1.0 Transitional

Valid CSS!
   

Informative Articles

Credit Card Debt Reduction - 3 Tips To Lowering Credit Card Debt
Credit card debt can be reduced through lower rates or negotiating for reduced balances. With reduced interest, you can pay off the principal quicker with the same monthly payment. The other approach is debt settlement, which eliminates part of...

Guide to Debt Consolidation Loans
Here is a useful guide to Debt Consolidation Loans. A Debt consolidation loan is a loan used to repay several other loans. A Debt Consolidation Loan is a low cost loan secured on your home. It frees up the spare capital (equity) in your home to...

Need help getting out of debt?
Nowadays it seems that getting into debt is much easier than getting out of debt. With todays numerous schemes and facilities no one wants to wait until they have saved enough money to buy anything they wish. If you are one such person who find...

New Concerns About Debt and the UK Housing Market
According to recently released UK government statistics, the number of mortgage repossession orders in England and Wales has risen by 66% compared with the same three month period in 2004 ("Mortgage possession statistics", publ. UK Department...

Self Help When You're In Debt
It's no fun being in debt. Money shortages are always stressful and serious debt can emotionally drain you. And yet, while you'll find lots of advice about the practical aspects of debt management, there is precious little help available for...

 
Debt Consolidation with Free Government Grants? One Scam to Avoid

Have you ever seen a commercial or an ad promising “free government grant money?” According to these ads, the government and other organizations give away nearly one half a trillion dollars each year, and all you need to do is apply! The ads go on to state that the money can be used for anything, including debt consolidation , student loans, a yacht or just about any frivolous thing you can imagine. All you need to do is call their toll free number, buy their book or enroll in their program and the details are soon on their way to you.

A half a trillion dollars is certainly enticing, but are organizations really just giving money away for the asking?

Not exactly. Grants are certainly available from the Federal Government and elsewhere, but it's not as though the money is just handed out for the asking. Grants are usually given by organizations interested in achieving specific goals. If you're interested in bringing water to the desert, you might find an organization that's interested in global water distribution to aid you in your quest with a grant. It's doubtful that you'll find an organization that's interested in helping you pay off your Mastercard bill or funding your dream vacation home in Sun Valley. Some of these organizations that advertise grant information are running scams, and they're just out to take your money and run. Others are fairly legitimate in that they will provide information to you for your fee, but the information they provide is readily available elsewhere for free

If you are really interested in grant money, there's no reason to answer to the ads on TV promising “free grant money.” The term “free grant money” is a rather odd term, anyway, since the word “grant” means “bestow” – it's a gift, and if it's a gift, then of course it's free! You can find out about grants from the Federal Government by visiting the official Government grant Website – www.grants.gov. If you are in doubt about one of these organizations, it never hurts to check with your local Better Business Bureau.

About the Author
©Copyright 2005 by Retro Marketing. Charles Essmeier is the owner of Retro Marketing, a firm devoted to informational Websites, including http://www.End-Your-Debt.com/ and http://www.HomeEquityHelp.net/

Sign up for PayPal and start accepting credit card payments instantly.