According to the Federal Trade Commission, anyone can face a financial crisis due to illness, unemployment, or overspending. Although mounting bills and shrinking income is extremely stressful, consumers should be wary of phony promises of quick and easy solutions to credit card debt.
Warning
The Federal Trade Commission warns stressed-out consumers to be wary of companies that promise you that you can pay off your debts for “for pennies on the dollar,” that require you to pay them a monthly service fee, or that tell you to stop communicating with your creditors. The FTC further warns against companies that promise to remove negative information from your credit report. According to Sandra Block writing in USA Today (Sept. 20,2003,) red flags for credit counseling organizations include a large upfront fee, a claim that debt settlement won’t affect your credit report, and a claim that the company can protect you from lawsuits.
- Citi Platinum Select Card
- College Basketball Cards
College basketball most often refers to the USA basketball competitive governance structure established by the National Collegiate Athletic Association (NCAA ...
- 40th Birthday Card Ideas
- Angelwinks Post Card
free postcard shop ... Page Author: Connie Last Updated 05/04/03 If you would like to send an Angel Winks Post Card
- Ricky Ricardos Noosa
Ricky's river bar + restaurant is located on the banks of the Noosa River. Ricky's provides a dining experience that encapsulates the Noosa Lifestyle - a modern menu ...