If you’re trying to clean up your credit in the New Year, the last thing your bank account needs are expensive upfront fees to debt negotiation companies, especially since new FTC regulations make said upfront fees illegal.
Entries Tagged as 'debt negotiation'
Beware of Loopholes in New FTC Rules for Debt Negotiation Companies
January 3rd, 2011 · No Comments · Debt Consolidation, Debt Settlement
Tags: credit·Credit Cards·debt negotiation·debt negotiation companies·Debt Settlement·debt settlement companies·FTC·FTC regulations
FTC Lawsuits Remind to Be Leery of Debt Consolidation Companies
December 6th, 2010 · No Comments · Debt Consolidation
In yet another reminder to be leery of debt consolidation companies, the Federal Trade Commission (FTC) has filed suit against three such firms in Dallas, Texas.
Tags: debt consolidation·debt consolidation companies·Debt Consultants of America·debt negotiation·debt negotiation companies·Debt Professional of America·Debt Settlement·Federal Trade Commission·Financial Freedom Processing·FTC
New Telemarketing Sales Rule Eliminates Shady Debt Relief Practices
November 1st, 2010 · No Comments · Consumer Debt
The FTC’s new Telemarketing Sales Rule will help protect consumers from shady practices by some for-profit credit counseling, debt settlement and debt negotiation firms.
Tags: credit counseling·debt negotiation·Debt Relief·Debt Settlement·FTC·Telemarketing Sales Rule
How Do I Know Which Collection Agency Has My Debt?
August 10th, 2010 · 1 Comment · Credit Cards, Debt Collection, Debt Settlement
Q. My credit card debts have been sold to various debt collectors. I get a call or letter from them once every 3 months or so. How can I determine who now has the account? or should I just ignore it and try to just repair my credit? I have had a lawyer’s office contact [...]
Tags: charge-off·collections·Debt Collection·debt negotiation·Debt Settlement·Fair Debt Collection Practices Act·lawyer contact·vailidity of the debt
