There are a variety of debt-related scams which include debt counselors, identity theft, and even secured credit cards. September 03, 2012
Currently an astonishingly high percentage of people are strapped with debt. As a result, it’s no surprise that a common lucrative business is that of financial debt removal solutions along with credit guidance. It should also come as no surprise that debt scams such as debt elimination scams have grown to be ordinary. Financial Center wants to take the time to educate consumers about recent deceptive debt scams and provide tips to avoid being a victim.
Today there are a variety of debt-related scams which include debt counselors, identity theft, and even secured credit cards. Financial Center has taken the time to break down and target these deceptive scams along with debt elimination scams.
Current debt elimination scams declare that debts can be erased, diminished, and even clear mortgages. Although there are actual reputable businesses that do lower debt, be on the lookout for those that promise the world. Scammers in the debt elimination organization typically feed consumers a range of lines such as “banks as well as other finance companies charge illegal fees...American Fair Credit Council, and has good ratings on the Nationwide Business Bureau.”
Shop around and compare services. A credit counselor should commit a minimum of 20 to 30 minutes offering assistance to obtain a complete picture of the financial situation...If a company has upfront fees, walk away.
“Remember if it sounds too good to be true, it more than likely is. It is important for consumers to do homework and research companies,” States 1st Financial Center’s Chief Advisor. “Facing growing bills can be worrisome, however acquiring debt help is not a decision determined by watching a T.V. commercial or receiving a sales call. Find an organization that will take the time to work with you and provide a budget analysis with no sales pressure.”
1st Financial Center, is an industry innovator and well known debt relief agency specializing in debt resolution. Taking a consultative approach, 1st Financial Center hopes to help consumers by exploring the best solutions for their debt problem while encouraging them to take control over their debt. To find out more contact 1st Financial Center at 888-755-4096 or http://www.1stfc.com.
For the original version on PRWeb visit: http://www.prweb.com/releases/prweb2012/9/prweb9847771.htm