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 Consolidation'
Beware of Loopholes in New FTC Rules for Debt Negotiation Companies
January 3rd, 2011 · 1 Comment · 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
What to Expect From the Consumer Credit Counseling Service (CCCS)
September 2nd, 2010 · 1 Comment · Debt Consolidation, Debt Settlement
Though we typically advise against dealing with a credit consolidation company, the one exception to the rule may be Consumer Credit Counseling Service (CCCS).
Tags: Bankruptcy·CCCS·Consumer Credit Consolidation Service·credit consolidation·debt·settling your debt
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About the Author, Kristy Welsh
Meet author and founder of Credit Info Center, Kristy Welsh. Credit repair expert Ms. Welsh is a regular contributor to our blog.