Are Debt Relief Companies a Scam?

By: Robert Nahoum Debt relief companies promise to help you get out of debt, but they can also be a scam. Here are some of the reasons why debt relief companies are often a scam: They make false promises. Debt relief companies often promise that they can get you out of debt quickly and easily, but there is no guarantee […]

What is an Underwater Car?

By: Robert J. Nahoum An underwater car is a car loan where the owner owes more on the loan than the car is worth. This can happen for a number of reasons, such as: Buying a car little to no down payment. Taking out a long-term car loan. Rapid depreciation of the car. Damage to the car. Why is Being […]