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Receiving a call, email or letter from a company purporting to be a debt collector can spark alarm. Before disclosing any information, look for these eight signs of a fake debt collection scam. 1 ...
You can protect yourself from scams by ignoring unsolicited offers and researching legitimate debt relief and credit repair options. The average American has an estimated debt balance of $96,371 ...
For premium support please call: 800-290-4726 more ways to reach us. Mail. ... Potential debt reduction: Debt settlement may reduce the total amount you owe, providing relief from debt burdens ...
Mortgage elimination is a type of mortgage fraud in the United States.In this scam, the promoter first convinces a mortgage holder (lender) that the debt that has been contracted is invalid or legally unenforceable, usually due to a combination of alleged technicalities in the note, deed of trust, or other loan documentation signed; the promoters often link their rationale for debt elimination ...
4. Report the call: Report any robocalls to the Federal Trade Commission (FTC) or your country’s equivalent authority. The more reports they get, the better they can target these scams. 5. Add ...
They buy debt from healthcare companies, government agencies, and utilities. However, not every text or call from someone claiming to be with a legitimate company represents a real debt.
Undue Medical Debt, formerly RIP Medical Debt, [1] is a Long Island City–based 501(c)(3) charity [2] focused on the elimination of personal medical debt. [3] Founded in 2014 by former debt collection executives Jerry Ashton and Craig Antico, [4] the charity purchases portfolios of income-qualifying medical debt from debt collectors and healthcare providers, and then relieves the debt. [5]
The combination of a global pandemic and soaring inflation has left many Americans with mountains of debt. The total household debt in the U.S. rose by $351 billion (2.2%) to reach $16.51 trillion ...