Quick Answer: Debt relief scams target financially vulnerable consumers by promising unrealistic results and charging upfront fees before delivering services. A new free ebook provides step-by-step guidance on identifying legitimate debt help services and recovering money from fraudulent companies.
I just published my latest free ebook titled “How to Get Out of Debt Without Getting Scammed and What to Do if You Have Been.”
Free Tool — Scam-O-Meter: Considering a debt relief company? Run your situation through the free Scam-O-Meter — it checks for official FTC, FBI, CFPB, and SEC warning signs before you hand over any money. Check for Red Flags →
Book Description
It’s tough enough to have to face financial problems, but how do you make sure you can trust someone to help you? This book gives you clear instructions about what to look for when turning to someone for help with money troubles, financial problems, and getting out of debt.
Every weekday I read the enforcement actions, filings and fine print the outlets skip, and turn them into the one or two moves that actually improve your position — a rate worth moving for, a fee you can refuse, a deadline to beat before it costs you.
In the latest issue (Oct 8): A parent's nursing home bill can become yours
I write Your Money Actually most weekdays — actionable money information you will not find anywhere else, and the small decisions that compound. It is free, I sell nothing, and I take no money from any company I write about.
Many people simply entrust the first person or company they find that seems trustworthy, but will they really help or just take your money? When you are down and in trouble with debt isn’t the time to learn a hard practical lesson about what not to do. Be smart and get the information to be a wise consumer so you don’t get scammed.
Readers will be able to feel much more confident they are making good choices and smart decisions about how to deal with their debt by following the steps clearly laid out in this book.
The Daily Money Brief — Free, at 10 AM
Money you may be owed, scams to dodge, and the fine print decoded — the consumer money news that affects your wallet, every weekday.
If someone has already been burned or scammed, this book gives a step-by-step guide on how to try to get a refund and what to do if the debt relief company does not want to be reasonable about letting you out or giving you a refund.
Free, Free, Free
As I always do I’m making this book free for readers to download. You can download the book here.
Dealing With Debt? Understanding your options is the first step. See how all your debt relief options compare — including ones most sites won’t tell you about. The Find Your Path quiz gives a recommendation based on your actual numbers, and the Scam-O-Meter checks any company’s complaint history before you sign. Federal Reserve research shows bankruptcy filers recover faster than those who don’t file.
