Debt Consolidation With No-Cost Government Grants? Not Likely
Have you ever seen a commercial or an ad promising "free government grant cash?" According to these ads, the government and other organizations give away almost one half a trillion dollars each year, and all you have to do is apply! The ads go on to state that the cash can be used for anything, including debt consolidation, student loans, a luxury boat or just about any frivolous thing you can envision. All you should do is call their toll free number, buy their book or enroll in their program and the details are soon on their way to you.
A half a trillion dollars is certainly enticing, but are organizations really just giving money away for the asking?
Not exactly. Grants are certainly available from the Federal Government and other sources, but it is not as though the money is just handed out for the asking. Grants are usually given by organizations interested in achieving specific goals. If you are serious about bringing water to the desert, you might find an organization that's thinking about global water distribution to aid you in your quest by giving you a grant. It's doubtful that you'll find an organization that's excited about helping you pay off your credit card debt or funding your dream vacation home in Sun Valley.
Several of these organizations that market grant information are operating ripoffs, and they're just out to take your cash and run. Others are quite legitimate in that they will provide information to you for your fee, but the information they provide is easily available elsewhere for free.
If you’re really interested in grant cash, there is no reason to answer to the ads on TV promising "free grant money." The expression "free grant money" is a rather odd term, anyway, since the word "grant" means "bestow" - it is a gift, and if it is a gift, then of course it is free!
You can find out about grants from the Federal Government by visiting the official Government grant Website - http://www.grants.gov If you are in doubt about one of these organizations, it never hurts to check with your local Better Business Bureau.