Preventing Credit Card Fraud: A Complete Guide for Everyone from Merchants to Consumers by Jen Grondahl Lee & Scott Gini Graham

Preventing Credit Card Fraud: A Complete Guide for Everyone from Merchants to Consumers by Jen Grondahl Lee & Scott Gini Graham

Author:Jen Grondahl Lee & Scott, Gini Graham, [Lee, Jen Grondahl]
Language: eng
Format: azw3
Tags: undefined
Publisher: Rowman & Littlefield Publishers
Published: 2017-03-15T16:00:00+00:00


Check out the company by entering its name with the word “complaints” or “scam” in a search engine, which will turn up other comments about the companies, including news about any lawsuits by state or federal regulators for engaging in deceptive or unfair practices.

What to Expect from a Legitimate Debt Settlement Company

When you do work with a legitimate debt settlement company, you can expect to have to enter into certain agreements, which may sound like you are giving the company a ticket to defraud you. But those arrangements are how these companies operate, so you should expect the following to occur if you do sign up for a debt settlement program:

You may have to put money in a dedicated bank account administered by an independent third party. These funds should remain yours and you should get any interest that accrues. The account administrator is also permitted to charge you a reasonable fee for maintaining your account, and he or she takes care of transferring funds from your account to pay your creditors an agreed-upon settlement amount as well as the fee to the debt settlement company for arranging for the settlement.



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