The Unsettling Credit Card Debt Scam
July 8, 2010
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You’ve seen the slick commercials on television, the promise of reducing your financial debt with a simple phone call. Debt settlement companies emerged in droves from the recent financial crisis to prey on desperate consumers looking for a quick solution. But instead of “guaranteed” financial freedom, most customers were strapped with high upfront fees and little debt reduction. NBC’s Senior Investigative Correspondent Lisa Myers investigated.
Click here to see her report on the unsettling claims of debt relief companies.
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