There are No Secret Programs for Credit Card Debt

There have been rumors circulating in recent weeks that XM/Sirius is headed for bankruptcy court.  If the quality of ads airing on some of their channels is any indication, I believe it.

I have been an XM subscriber for several years although that is likely to change soon.  One of the talk radio channels I listen-to broadcasts programs syndicated from terrestrial radio.  This means I have to endure ads when the source programs have commercial breaks.  Many of those ads are variations on the theme of “we can help you eliminate your credit card debt.”  Often, the debt elimination sales pitch makes reference to “secret programs” that the credit card companies “don’t want you to know about.”

What a pile of ….. Read more