Avoid Debt Counseling Scams
Unfortunately there are many disreputable companies. Here are a few tips to make sure you don’t get ripped off:
- Make sure the agency is a member of the National Foundation of Credit Counseling
- Don’t give your credit card or bank account numbers to any agency over the telephone or Internet.
- Agencies should not ask for the first month’s payment, demand a contribution or charge high fees.
- No one can “wipe out” your debt. Don’t believe any one who says they can.
