Health Impact: Debt can harm mental and physical health, making relief options and counseling essential. Avoid Scams: Choose BBB-accredited companies, avoid upfront fees, and seek those with proven success and good reviews. Sticking to a budget is hard enough without adding today’s soaring infla...
Are debt relief programs safe? There are many reputable debt relief programs available, but there are some red flags to look for when trying to avoid potential scams. In particular, you should be wary of debt relief companies that contact you via unsolicited phone calls or pressure you to sig...
"Debt relief scams are low-hanging fruit for financial predators. Desperate consumers in financial distress are easy targets for high-pressure sales pitches that promise guaranteed results as long you pay a hefty upfront fee. If you, a friend or a family member are contacted by a debt relief...
What are debt settlement scams? A debt settlement scam occurs when a company solicits your money for debt relief services that they never intended to provide. In most cases, they'll offer to negotiate with your creditors on your behalf, just like a real debt relief firm would. Then they'...
"Debt relief scams are low-hanging fruit for financial predators. Desperate consumers in financial distress are easy targets for high-pressure sales pitches that promise guaranteed results as long you pay a hefty upfront fee. If you, a friend or a family member are contacted by a debt relief...
Debt relief scams to watch out for Debt relief may give you the new start you need to make real progress. But be aware that the debt relief industry includes scammers who may try to take what little money you have. Be sure you understand — and verify — these points before entering ...
Debt Consolidation Scams Debt consolidation is yet another debt relief service that people opt for to get out of debt. The dread of bankruptcy and / or foreclosure makes the consumers resort to debt consolidation services, and a fraudulent debt consolidation company makes consumers its target in th...
Debt Relief Programs – What Are They and Do They Really Work? Read More How to Protect Yourself from Credit Card Scams Read More What Are The Best Credit Cards For Balance Transfers? Read More How to pay off $50,000 in Credit Card Debt Read More 1 2 3 4 View All Posts We...
In fact, the cold-calls are so prevalent that President Biden even specifically brought attention to these scams in his Monday announcement about the student loan debt relief application opening up. Remember, you need to go and fill out the form yourself. If someone is coming to you in order...
Investopedia publishes a periodically updated list of thebest debt relief companies. Also, the FTC offers information aboutcredit counseling and debt settlement companies. What Is a Debt Settlement Scam? Unfortunately, debt settlement scams aren't uncommon. These charlatans typically will ask you to pa...