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Grants for Debt Relief

Most people don't know that it is possible to get government grants to pay off credit card debt and other debts. The government offers billions in grants each year - grants where they give money away

Government grants are readily available, you just have to find them and apply for them.

 

Why get a grant to eliminate credit card debt and other debt? Grants are often easier to get than loans. Loans usually require collateral or a security deposit; grants don't require either because the government offers them.

The key to getting a grant is to be creative. The government hopes to boost the economy with small business grants. If you get a grant for several thousand dollars and invest it in your business, you can eliminate your debt with the profits from your business.

When you apply for a grant, your application will be reviewed to see how much debt you have and your ability to pay it back. If you can prove that you can't pay it back, you probably will get a grant that you won't have to pay back.

Because government grants can get you the money you need for debt relief without having to provide security or collateral, they may save you from having to file for bankruptcy. You don't have to repay a grant - it is financial aid, which can't be taxed and doesn't charge interest. It can make you debt free.

FTC rules take aim at debt-relief industry - Washington Post


Washington Post

FTC rules take aim at debt-relief industry
Washington Post
... debt-relief industry . . . to one in which companies will earn money based on actually achieving successful results for consumers," said Susan Grant, ...
FTC Rules On Debt Relief Agencies A Good StartConnecticut Watchdog (blog)
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CONSUMER FINANCE: Auto Sales Are Top Consumer Complaint - Wall Street Journal


The State

CONSUMER FINANCE: Auto Sales Are Top Consumer Complaint
Wall Street Journal
2 position from third place last year as more consumers faced troubles with mortgage-related fraud, debt-relief services, predatory lending and illegal or ...
Top Consumer Complaints in 2009New York Times (blog)
Coloradans No. 1 scam complaint: Appliance rebate offerDenver Post
Auto-related woes top list nationally for consumer complaintsPalm Beach Post
KGO-TV -Pittsburgh Post Gazette
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Bank Of America Commits $10 Million In Grants To Help Small Businesses - NASDAQ


Daily Mail

Bank Of America Commits $10 Million In Grants To Help Small Businesses
NASDAQ
Those entities are facing funding restraints and regulatory barriers that have contributed to their inability to effectively lend, but could see some relief ...
Bank Of America Commits Grants To Help Small BusinessesFOXBusiness

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The rumors are apparently true...Obama considering amnesty by executive order - Examiner.com


Examiner.com

The rumors are apparently true...Obama considering amnesty by executive order
Examiner.com
The document reads: “This memorandum offers administrative relief options to . . . reduce the threat of removal for certain individuals present in the ...

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Financial Year 2009-10 - Daily Times


Financial Year 2009-10
Daily Times
Details of the grants are; $5.16 million for Afghan Relief and Reconstruction Authority (ARRA), $24.50 million for Earthquake Rehabilitation Authority, ...

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