Why would people need a Transforming Debt into Wealth® consultation?
Many families today are finding themselves “overloaded” with debt and they are looking for real answers from professionals they can trust. Non-profit credit counseling organizations only focus on credit card and unsecured debt and they typically don’t deal with the real problems or provide permanent solutions to credit spending. Some loan consolidators and mortgage companies are advertising today that they can get people “completely out of debt” when they are only focusing on lowering monthly payments and interest rates with various mortgage products and trading unsecured debt (credit cards) for more secured (mortgage, home equity loans) debt. Furthermore, consolidation loans or consolidating debt payments, by themselves, do NOTHING to solve the consumer’s real problem – addictive credit spending. In fact, statistics show that many consumers who consolidate eventually wind up in worse shape months down the road. Having used the funds to pay balances on high interest loan obligations, t
