Who Can Help Me In Solving Debt Problems? - CREDIT REPAIR
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CREDIT REPAIR: Who can help me in solving debt problems?
Turning to a business that offers help in solving debt problems may seem like a reasonable solution when your bills become unmanageable. Be cautious. Before you do business with any company, check it out with your local consumer protection agency or the Better Business Bureau in the company’s location. One rule to remember is that if a credit repair offer seems too easy or just too good to be true, it probably is too good to be true. And knowing your rights can help you steer clear of rip-offs. For example, according to state and federal laws, companies that help people improve their credit rating cannot:
Make false claims about their services.
Charge you until the services are completed.
Perform services until the waiting period has passed. After you sign the written contract, you have three days to change your mind and cancel the services.
Avoid Advance Fee Loan Scams
Offers that guarantee you a credit card for a fee—before you even apply—are against the law. These scams often target consumers with credit problems. If someone calls you making that kind of promise, tell the caller not to call you anymore and hang up.
If you’ve had a problem, the Federal Trade Commission (FTC) works for the consumer to prevent fraudulent, deceptive and unfair business practices in the marketplace and to provide information to help consumers spot, stop and avoid them. To file a complaint or to get free information on consumer issues, call toll-free, 1-877-FTC-HELP (1-877-382-4357), or visit www.ftc.gov/ftc/consumer.htm. The FTC enters Internet, telemarketing, identity theft and other fraud-related complaints into Consumer Sentinel, a secure, online database available to hundreds of civil and criminal law enforcement agencies in the United States and abroad.
It’s a good idea to contact your local consumer protection agency, state attorney general or Better Business Bureau, too. Many attorneys general have toll-free consumer hotlines. To find the number for your state’s attorney general, check with your local directory assistance.ADDITIONAL CREDIT REPAIR RELATED FACTS
Credit Repair Scams - Recognizing An Advance-fee Loan Scam
Will I Really Learn The Secret To Repairing My Credit If I Call A Company's 900 Number?
About "rebuilding Your Credit"
Be An Educated Consumer
Is It True That You Can Obtain A New Personal Identity Number That Will Allow You To Get Credit Even Though You Have A Bad Record?
Credit Repair And Counselling
If I Pay Off All My Debts, Will I Have Good Credit?
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