Grants Scam Warning

Do Not Apply For Grants On Any Website Until You Read This…

Every year over 30 MILLION Americans receive over 450 BILLION dollars in grants and other forms of free money. It is a fact. The subject has been featured over a dozen times on major media sources such as Oprah, Headline News, CNN, CNBC, ABC News, Jay Leno, Larry King and more. As long as you are at least 18 years old and a U.S. citizen or resident you qualify to receive free grant money from government and private agencies.

However, it has come to our attention that several websites and late night infomercials are claiming that you can receive grants to pay off your credit card debt. This is NOT true. These advertisers are taking a small grain of truth and twisting it into a grants scam which never seems to go away.

HERE ARE THE FACTS: Federal and State governments are required by law to provide grants and other forms of financial assistance in order to satisfy the many diverse needs of the population. When grants are provided, money is spent, jobs are created, taxes are paid, communities are improved, and as long as grant money is used for “good causes” it ends up reducing society’s overall dependency on social programs and government financial assistance. However, there is no category of grants called “grants for credit card debt”. It simply does not exist. Government grant money comes from tax dollars. American taxpayers would never allow the government to issue grants for credit card debt because in doing so they would be absorbing the debt themselves…

So, how do some websites and advertisers get away with their claims? Because the money people receive from certain government programs such as welfare, social security, unemployment and disability are called “direct payments with unspecified use” and this money can be used for anything legal, including paying off credit cards. But these benefits are not grants, and you must have a very low income to qualify for such programs.

On the other hand, if you’re interested in receiving grants for something OTHER than paying off your credit cards, there are thousands of programs and agencies that can help you. And there is no need to look specifically for just grants. Grants are only one type of financial assistance. There are many different programs designed to help people from all walks of life and there is no need to limit yourself to just grants if you want to take advantage of everything available. There are programs for home buying, rent, repairs, living expenses, business, education, medical bills, free and low cost prescription drugs, art, music, film, travel, technology, career training… Pretty much any good cause you can think of. No matter who you are, or what you want to do, there are probably over a dozen financial assistance programs that can help you accomplish your goals much faster.

If you are looking for a way to pay off your credit cards, vehicle loan, mortgage, or any other debts we recommend looking into a debt consolidation which will reduce your monthly payments, reduce the interest, and help you become debt free.

You may also be interested in the recent article: Finding Grants and Free Money You Qualify For

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