Ever since the recession hit, there have been all sorts of companies or services aimed at helping those who have been hit hard financially. When it comes to overwhelming or troublesome credit card debt, a number of service companies have promised ways to help Florida residents handle that debt. However, there are also a number of scams out there promising to help but actually hurt your credit, and take your hard-earned money in the process.
Recently in Florida, a judge has signed an order against a company that authorities contend is a scam. The company has three Florida based representatives that are named in the order. The order also involves a judgment against the three and the parent company.
The company was accused of falsely promoting themselves as being able to help consumers get their credit card interests rates reduced. They sold the promise of helping vulnerable citizens save thousands and get out of credit card debt. Part of a complaint against them also states they billed consumers without authorization and charged a fee for their services, which is known to be an indication of a scam.
If someone is struggling with credit card debt, they may want to be aware of any potential scams that target those in need. Florida residents may want to investigate legitimate services and legal avenues that may help them effectively navigate their credit card debt situation before investing in a service that makes promises that seem to good to be true. Residents in need can pursue ways to lower debt, lower interest rates and find a way back to financial independence by understanding current regulations pertaining to credit card debt collection.
Source: ecreditdaily.com, Debt Relief Scam Promised Credit Card Rate Reductions, No author, Sept. 11, 2013