Post by TonyV on Mar 27, 2018 16:21:31 GMT -5
There is a new post published on the UAWLAP.org Site.
Details of the post follow.
Beshear: Don’t Pay Upfront for Credit Card Debt Relief Scam call touts
instant credit card debt relief, zero percent interest rate for a fee
Beshear: Don’t Pay Upfront for Credit Card Debt Relief
Scam call touts instant credit card debt relief, zero percent interest rate for
a fee
FRANKFORT, Ky. (March 23, 2018) – In a new scam alert issued by Attorney
General Andy Beshear today, Kentuckians are being warned of telemarketing calls
offering instant credit card debt relief for a fee.
The Attorney General’s office obtained a recording of a call from an agent
with “Financial Planning Card Services.” The caller claims to be affiliated
with all major banks and can provide credit card debt relief by negotiating a
lower interest rate, as low as zero percent.
Beshear said these type of calls often end with a victim providing their
personal information and an upfront fee to the scammer who never delivers on the
deal to lower the interest rate.
“Charging Kentuckians, then failing to help them lower their debts is no
service at all – it is a scam,” said Beshear. “Kentuckians concerned about
their credit card interest rates should work directly with the credit card
company to determine if they will negotiate your rates.”
The Federal Trade Commission’s Telemarketing Sales Rule prohibits for-profit
companies that sell debt relief services over the phone from charging a fee
before they actually settle or reduce a consumer’s debt. Kentucky state law
also places prohibitions on legitimate debt adjusters.
The Office of the Attorney General refers Kentuckians with high credit card debt
and in need of legitimate debt adjuster assistance to the nonprofit National
Foundation for Credit Counseling.
Beshear said his office works to stay ahead of scammers by alerting Kentuckians
when new and trending scams are reported in Kentucky. Kentuckians can sign up to
receive Scam Alerts by texting the words KYOAG Scam to GOV311 (468311), or
enroll online at ag.ky.gov/scams.
To report a scam to the Office of the Attorney General, dial 888-432-9257 or
file a consumer complaint online.
Link to the post:
uawlap.org/uaw/cap-uaw/beshear-dont-pay-upfront-for-credit-card-debt-relief-scam-call-touts-instant-credit-card-debt-relief-zero-percent-interest-rate-for-a-fee.php
Link to UAWLAP.org: uawlap.org
Details of the post follow.
Beshear: Don’t Pay Upfront for Credit Card Debt Relief Scam call touts
instant credit card debt relief, zero percent interest rate for a fee
Beshear: Don’t Pay Upfront for Credit Card Debt Relief
Scam call touts instant credit card debt relief, zero percent interest rate for
a fee
FRANKFORT, Ky. (March 23, 2018) – In a new scam alert issued by Attorney
General Andy Beshear today, Kentuckians are being warned of telemarketing calls
offering instant credit card debt relief for a fee.
The Attorney General’s office obtained a recording of a call from an agent
with “Financial Planning Card Services.” The caller claims to be affiliated
with all major banks and can provide credit card debt relief by negotiating a
lower interest rate, as low as zero percent.
Beshear said these type of calls often end with a victim providing their
personal information and an upfront fee to the scammer who never delivers on the
deal to lower the interest rate.
“Charging Kentuckians, then failing to help them lower their debts is no
service at all – it is a scam,” said Beshear. “Kentuckians concerned about
their credit card interest rates should work directly with the credit card
company to determine if they will negotiate your rates.”
The Federal Trade Commission’s Telemarketing Sales Rule prohibits for-profit
companies that sell debt relief services over the phone from charging a fee
before they actually settle or reduce a consumer’s debt. Kentucky state law
also places prohibitions on legitimate debt adjusters.
The Office of the Attorney General refers Kentuckians with high credit card debt
and in need of legitimate debt adjuster assistance to the nonprofit National
Foundation for Credit Counseling.
Beshear said his office works to stay ahead of scammers by alerting Kentuckians
when new and trending scams are reported in Kentucky. Kentuckians can sign up to
receive Scam Alerts by texting the words KYOAG Scam to GOV311 (468311), or
enroll online at ag.ky.gov/scams.
To report a scam to the Office of the Attorney General, dial 888-432-9257 or
file a consumer complaint online.
Link to the post:
uawlap.org/uaw/cap-uaw/beshear-dont-pay-upfront-for-credit-card-debt-relief-scam-call-touts-instant-credit-card-debt-relief-zero-percent-interest-rate-for-a-fee.php
Link to UAWLAP.org: uawlap.org