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17 sie 2023 · When they fall behind on their payments, some consumers stumble into expensive debt relief and credit repair options that leave them worse off than when they started, according to a new study...
Debt relief service scams target consumers with significant credit card debt by falsely promising to negotiate with their creditors to settle or otherwise reduce consumers' repayment obligations.
5 sie 2024 · In February 2018, the Federal Trade Commission charged student loan debt relief scammer Brandon Frere and his companies, including Ameritech Financial, with bilking millions of dollars from thousands of consumers by falsely promising that consumers’ monthly payments would go towards paying off their student loans.
7 cze 2024 · Red flags of debt relief scams include unsolicited offers, upfront fees and promises of guaranteed results. Always check for reviews and verify the legitimacy of debt relief companies...
14 lip 2020 · The Federal Trade Commission is sending more than $16 million to individuals who lost money to a debt relief scam that targeted tens of thousands of consumers facing financial difficulty.
15 lut 2019 · Report debt relief scams to the Federal Trade Commission, online or at 800-382-4357. The FTC and the U.S. Consumer Financial Protection Bureau offer background and advice on debt settlement, credit counseling and other ways to get out from under your financial liabilities.
29 kwi 2022 · Report suspicious activities on BBB Scam Tracker and protect yourself, by going to “ 10 Steps to Avoid Scams ”. Overwhelming debt can make you desperate and reckless. Don't fall for scams...
