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Bankruptcy is a legal process that provides relief from overwhelming debt by liquidating assets or creating a repayment plan. Chapter 7 bankruptcy is used for unsecured loans (such as credit card ...
Receiving a call, email or letter from a company purporting to be a debt collector can spark alarm. Before disclosing any information, look for these eight signs of a fake debt collection scam. 1 ...
Debt consolidation is one of the best options for credit card debt relief, and not just because of the lower interest rates. It can help you pay off your debt faster and may even help your credit ...
Friendly fraud. Friendly fraud, also known as chargeback fraud occurs when a consumer makes an online shopping purchase with their own credit card, and then requests a chargeback from the issuing bank after receiving the purchased goods or services. Once approved, the chargeback cancels the financial transaction, and the consumer receives a ...
An advance-fee scam is a form of fraud and is one of the most common types of confidence tricks. The scam typically involves promising the victim a significant share of a large sum of money, in return for a small up-front payment, which the fraudster claims will be used to obtain the large sum. [ 1 ][ 2 ] If a victim makes the payment, the ...
There are reputable credit repair companies, but not every company offering credit repair services is legitimate. Warning signs of a credit repair scam include demanding payment upfront or ...
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