Consumer Credit Card Debt Relief Scams! Are They Real?

 

There are many companies that can help consumers with credit card debt relief. However, if you need to use one of these companies it is very important to make sure that they are who they claim and are properly licensed with no unresolved complaints against them. It is very important to do your due diligence with companies such as this simply because of the huge numbers of scam artists in this industry.

For example, you may call or be called by a credit card debt relief company. If they ask for money upfront, this a sure sign that they are a scam and you should not do business with them. A large number of credit card debt relief scams target people with their services and do not do anything for the customer at all and of the scams, they usually collect their fees upfront.

This often leaves customers worse off than they were to begin with regardless of whether or not the customer paid them anything upfront because precious time and possibly money that could have been better utilized by the customer has been wasted. Some will make wild claims to customers that the company simply cannot live up to but those who find themselves in desperate situations may believe scam companies.

Consumers seeking credit card debt relief can avoid scams by checking the company out thoroughly and making sure there are no upfront fees. Non-profit companies are a very good choice but it’s a good idea to check them out as well. A thorough check could include checking with your state’s attorney general on the phone or online and asking for referrals from trusted friends or family.

Ask questions of the company such as how long they’ve been in business, how many people they have helped get out of credit card debt, and how they get paid. Remember that legitimate credit card relief companies do not take money upfront, they are often paid through your repayments.

It is important to take BBB reviews and information with a grain of salt as it is not uncommon for fraudulent companies to use alias names with customers and give the BBB a completely different company name. When customers complain, the BBB never picks up the complaints because the customers were given a fake name and not the actual company name. This happens across all industries and credit card debt relief scam companies are unfortunately no different. Learn from more than 166000 people how hey got out of debt?