Sentences with phrase «many debt relief scams»

On top of this, she has put pressure on student debt relief scams with strict oversight.

Twitter Office Hours took place on Wednesday, Nov. 15, from 5 — 6 p.m. Eastern time: Federal Student Aid's @FAFSA account partnered with the Federal Trade Commission (@FTC) to answer questions about repaying student loans and how to avoid debt relief scam companies.

If you spot a debt relief scam, we want to hear about it.

A lack of assistance for struggling borrowers that can lead to loss of critical student loan benefits and protections, borrowers being victims of debt relief scams, and ultimately default, and

As we are reminded by the CFPB action against two student debt relief scams, their «help» can do more harm than good.

If a debt relief company tells you they can settle your debt for «pennies on the dollar,» or that they can «remove bad information from your credit report,» this is a sign of a debt relief scam.

While the Consumer Federal Protection Bureau is expected to scale back on enforcing consumer protection statutes, the FTC has increased their efforts to target debt relief scams.

We invite you to make use of the educational materials posted on the Credible Resource Center, including our comprehensive guides and how - tos on topics like building a strong credit score, claiming the student loan interest deduction, and ways to spot student loan debt relief scams.

Filed Under: Saving Tagged With: Credit, Debt, Debt Relief Companies, Debt Relief Scam, Saving Editorial Disclaimer: Opinions expressed here are author's alone, not those of any bank, credit card issuer, airlines or hotel chain, or other advertiser and have not been reviewed, approved or otherwise endorsed by any of these entities.

Many debt relief scams are out there to take advantage of people who are already in difficult financial situations.

Also, this article has information about Debt Relief Scams that's to best stay away from.

Furthermore, student loan forgiveness and debt relief scams have popped up around the country in various different ways.

Here is an interview in Michigan with a local attorney familiar with several debt relief scams.

Beyond the blatant debt relief scams, most of the debt relief industry is trying to get you to... [Read more...]

This is the eighth action the FTC has taken in Operation Game of Loans, the first federal - state law enforcement initiative targeting deceptive student loan debt relief scams.

Lack Of Business Address Debt relief scams are easy to conduct and are difficult for any government agency to stop because they can be operated from anywhere in the world, including someone's basement, and reach a large number of people in a short period of time.

Not exact matches

Thanks to a new Federal regulation for debt relief companies, debt settlement companies have a harder time scamming consumers.

Just like you can find with debt relief companies like consumer debt relief companies and student loan debt relief companies, there are tax debt relief companies that are not out to help you, but instead to scam you.

The Federal Trade Commission asked a federal court to shut down a scam that targeted financially distressed Americans by pitching a phony debt relief and credit repair program, and by falsely claiming the program was provided and funded by the federal government and endorsed by President Obama.

For example, if consumers are conducting research on Google and they come across ads that say «government credit card debt relief program,» these ads could be scams.

Since those searching for debt relief have been warned about scams, and have already read countless articles on saving money, paying down debt, borrowing from family and friends and shopping for lower interest credit opportunities, I wanted to liven things up a bit with a different type of get out of debt plan.

So it's worth remembering what is and isn't possible when it comes to student loan debt, as well as the signs that a student loan «relief» program is very likely a scam.

Consumers are warned that if a company approaches them regarding debt relief and has a different program available other than the two that we talk about today, be careful because it could be a scam.

A growing number of student loan borrowers in distress have been scammed by debt relief companies promising to resolve student loan repayment issues.

The Scam «We'll reduce your debts by 70 % through a government mandated debt relief program» «We restructure your debt through a 100 % legal program approved by the court» «We work for you and not your creditors» Have you heard of these catchy slogans from debt consultants who will tell you anything you would like to hear?

Student loan debt scam companies prey on desperate borrowers, selling free government services as their own and over-promising debt relief like forgiveness and settlement.

And some of the companies that promise student loan debt relief are scams.

Nonprofit credit counselors are the good guys in the debt relief industry, which is otherwise full to bursting with lies, scams and sketchy players.

While legitimate options are available, you need to avoid being caught up in a scam when you are looking for the best credit card debt relief program.

There are many programs promising debt relief out there, and many of them are scams.

No matter what debt relief program you want to try, it's always important to beware of scams.

In dealing with consumer debt, every single day, I've seen so many scams and companies that take advantage of people in trouble that it's about time I wrote a comprehensive guide about what to look for and how to identify a great debt relief company.

Looking back even further, Blac Chyna, a reality TV personality, was criticized for promoting a toll - free, scam phone number that offered «payment relief» to those with student debt.

Scams, trips, and traps are all too common in the debt relief world.

Student borrowers, known for desperation and high levels of debt after graduation, are often the target of scams that promise debt relief, student loan forgiveness, and more.

One of the more recognizable scams involved Blac Chyna, a reality TV personality, who promoted a phone call scam offering debt relief

The scam companies are shrouding like a black cloud over the debt relief market and take advantage of the susceptible debtors to extract money from them.

In my debt relief law firm, I regularly take on clients who have been the victims of scams from debt settlement companies.

The debt - relief business is no stranger to scams.

I'll cover the debt settlement process, how it differs from other debt relief programs, risks, alternatives, and how to avoid scams.

Unbelievable Results There are several things that an individual should look for when trying to determine whether or not a debt relief commercial is a scam.

While it may be difficult for most individuals to spot that a debt relief commercial is a scam, there are several things that you can look for to determine whether the program may be operated as a scam.