Scam Report

True Stories: Debt Settlement Nightmare

True Stories: Debt Settlement Nightmare
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When Debt Settlement Companies Lie…

A true story from the FTC archives – Dorothy Council’s debt settlement companies didn’t pay her credit cards and kept the money.

Debt settlement scams are among the worst of all scams we report on because they target people who are already in an incredibly difficult financial position, emotionally exhausted and desperate for a way out.

When using a debt settlement company always carry out due diligence. Check their track record, reviews and history.

Video courtesy of U.S. FTC

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