Companies pitch their service with incomplete information and outright lies. They tell people that lower payments from an IDR plan will last for 20-30 years when, in fact, the lower payments are only guaranteed for one year
Don’t Fall Victim to Debt Relief Scams
These debt relief companies are top-rated in our Trusted Directory and have been fully vetted and reviewed as part of our 5-step verification process.
Debt Relief Scam Reports
The following Scam Reports are filed in the Debt Relief category.
Read more →
The U.S. District Court for the District of Nevada has ruled in favor of the Federal Trade Commission in a case against the operators of a scheme that deceived financially distressed homeowners by falsely promising to make their mortgages more affordable.
There are counselors who can help you with your credit report, and others who take your money but don’t help you. These are the red flags to watch out for
While there are many legitimate debt collectors in the financial marketplace, there are also a growing number of scammers who may try to get you to pay on debts that you don’t owe or on debts that don’t even exist.
Operators of alleged scheme claimed to be affiliated with the federal government and falsely promised to help reduce or even eliminate consumers’ student loans
You don’t have to pay for help with your student loans. After all there’s nothing a company can do for you that you can’t do yourself, for free…
You’re already in a difficult positions – don’t led a scammer make things worse! Some companies offering debt settlement programs may engage in deception and fail to deliver on the promises they make
A true story from the FTC archives – Dorothy Council’s debt settlement companies didn’t pay her credit cards and kept the money.
Man Found Guilty of Federal Charges Stemming from Fake Debt-Elimination Services with More than 500 Victims Identified
Don’t Make Mistakes When Seeking Student Debt Relief. Be careful with the information you give and remember no company can promise to get you fast debt forgiveness.
FTC Stops Operators of $6.2M Fake Credit Repair Scheme. Alleges scammers charged upfront fees and falsely promised to improve credit scores.
The FTC has closed down student debt relief companies Mission Hills Federal and Federal Direct Group amidst claims of fraud and deception
Claims advertising overstated the results consumers had received, sometimes even doubling the actual savings
