Computer Scare Scams: A bar graph animation pops up warning your computer has viruses, registry issues and other demons. They promise a full cleaning if you pay with a credit card. Run. Log onto another computer and search removal info. You can do this with the phony FBI scam.
Credit Repair Scams: Anyone can dispute items on their own credit report. The Fair Credit Reporting Act, available online, spells out the process. Pay money for someone else to do this? That entity cares less about your finances. Not to be confused with legit credit counseling approved by the U.S. Trustee’s office, listed on their website, and overseen by the U.S. Justice Department.
Debt Consolidation Scams: Often, these agencies contact the easier to deal with lenders. But, they ignore the tougher lenders. So, your hard-earned payments do not reduce overall debt. Some bankruptcy filers told a bankruptcy trustee they had done debt consolidation successfully. He replied, “So you’re the one.” Great job. They were in bankruptcy.
Andrew Myers of Derry has law offices in Derry and North Andover. He is a member of the American Association for Justice and the New Hampshire Trial Lawyers Association. Send questions to email@example.com.