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Debt Consolidation: Bartering To Relieve Debt
Ironically, today many people are bartering to get out of debt. Even large businesses are using the barter system to save their companies or expand their business. Bartering is the process of swapping a service, product, or support for exchange of...

Debt Consolidation: The Perfect Follow Up To Debt Management
Debt consolidation and debt management go hand in hand. Before you consider any type of bill consolidation loan, you should meet with a reputable debt management counselor. You will learn some valuable financial management principles. You will get...

National Karmic Debt
A nation made up of many people behaves as a person and reflects the overall native character or lack thereof. Public accountability demands public accounting. The karmic scales of justice are rarely in balance, once people are factored in. Which...

The Fair Debt Collection Practices Act
Declaration Of Purpose: An abundant evidence of the use of abusive, deceptive, and unfair credit collection practices by many debt collectors led to the declaration of the Fair Debt Collection Practices Act. The purpose of the Act, approved in...

What You Need to Know About Debt Consolidation
Debt consolidation is often a last resort for people who are in extreme debt and trying to avoid bankruptcy. Many people who are not in danger of bankruptcy, but have debt on high interest credit cards may also choose to consolidate their debt. Debt...

 
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/

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