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January 10, 2007

OCC Warning on Debt Elimination Scams

Categories: Debt & Credit — Charles @ 4:54 pm

The Office of the Comptroller of Currency (part of the U.S. Federal Government) has published a statement on debt elimination scams. It’s an excellent piece that confirms everything I’ve been saying about these bogus techniques. The OCC refers to these as just the latest in a long line of “advance fee” schemes, where you pay through the nose up front for assistance with your debt problem in the form of a loan or a service, only to find (Click to continue reading this post…)

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