How To Get Out of Debt | Consumer Advice
Your goal is to work out a modified payment plan that lowers your payments to a level you can manage. If you don't pay the amount due on your debt for several months your creditor will likely write your …
Spot scams while getting out of debt | Consumer Advice
Jul 28, 2025 · As you explore your options, know that scammers might promise to take away your debt — for a fee. If you pay them before they help you, you’ll likely lose money instead of getting a fresh …
Carrying credit card debt? How to avoid debt relief scams
Mar 8, 2024 · That’s probably a scammer. Don’t do business with anyone who guarantees you results from a “new government program” for a fee, or tries to enroll you without first reviewing your financial …
Credit card debt relief that isn’t | Consumer Advice
May 3, 2023 · As part of the settlements with the FTC, these scammers are permanently banned from running any debt relief services or engaging in telemarketing, and they must turn over assets that will …
Paying for School and Avoiding Scams | Consumer Advice
To get you to act fast, scammers say you could miss qualifying for repayment plans, loan consolidation, or loan forgiveness programs if you don’t sign up right away.
Did you attend the University of Phoenix? Your federal loans might be ...
Sep 20, 2023 · The Department of Education (ED) just announced that it will approve full federal student loan forgiveness for some University of Phoenix students. Want to know if you’re eligible to get your …
Dealing with debt collectors during the pandemic
Apr 22, 2020 · Job losses have traveled hand-in-hand with the Coronavirus. If you’re having trouble paying your bills, you’re not alone. Here are a few things to keep in mind if a debt collector calls.
Want to get rid of your timeshare? Read this before you hire someone …
Many "guarantee" they can get you out of your timeshare contract, but sometimes these companies are simply a scam. In a case announced today, the FTC said a company called Consumer Protection …
Signs of a debt relief scam | Consumer Advice
Jun 16, 2017 · If a debt relief company tells you to pay before it does any work for you, it's a scam. If you send your money to a debt settlement company instead of your credit card company, you are taking …
Because debt settlement programs often ask or encourage you to stop sending payments directly to your creditors, they may have a negative impact on your credit report and other serious consequences.