Scammers offer debt relief or credit repair services they cannot provide. They often ask for a large upfront payment and disappear once they have your money. Other scammers might request additional payments periodically, claiming they are working on your case when they aren’t....
TheFederal Trade Commission (FTC) and BBB have warnedabout student loan forgiveness scams as repayments begin in October, telling consumers to watch out for people offering quick forgiveness or relief. "Scammers and bad actors have long targeted vulnerable students who may find themselves confused a...
Debt-Relief Scammers Attack Florida; Investigations Begin; Nationwide, Internet-Based Companies Are Now Facing LawsuitsByline: DAVID BAUERLEINBauerlein, David
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So, if someone asks you to pay a fee for a debt relief service they haven't yet provided, it's a red flag that the person you're talking to is attempting to scam you. It's also against the law to try and collect a debt relief fee before any work has been done. According to...
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'll take your money and run. In...
Consumer Service Why we like National Debt Relief for credit card debt Good for those seeking private student loan debt relief, National Debt Relief’s enormous amount of debts resolved and clients served makes it an attractive option. Its availability during late and weekend hours is beneficial fo...
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 the following ways: The ...
Debt relief changes the terms or amount of your debt to help you pay it off. Learn the pros and cons of bankruptcy, debt management and other relief options.
Use a tax debt relief service While you can settle tax debt yourself, you can also hire a professional to do it for you. Many independent companies offertax debt relief services. They'll assess your situation, strategize a plan, and communicate with the IRS on your behalf. ...