The Illogical Nature of Debt Elimination Scams, and How to Convince a Potential Victim that it Really is a Scam
Regular readers of this blog know that I often write about bogus “debt elimination programs.” I’m mainly referring here to those “legally walk away from your credit card debt” scams, where the perpetrators claim they have discovered a magic loophole that allows you to erase your debts. Supposedly, it’s all based on the theory that the banks “monetize” your signature when you apply for a credit card, so you’re really borrowing (Click to continue reading this post…)