ROANOKE, Va. (WDBJ) – A new Better Business Bureau study finds that as people in North America struggle to pay trillions of dollars in debt, some are turning to companies promising to help reduce their bills or fix their credit scores. Some of these companies make big promises but rarely deliver, leaving people further in debt. The 2023 BBB® study, Credit Repair and Debt Relief, revealed a pattern of misleading and sometimes fraudulent claims. From 2020 to June 2023, $2.4 million was lost to these scams. BBB also received more than 11,000 complaints and over 1,000 negative reviews about debt and credit assistance. Predatory debt relief, consolidation, and credit repair companies advertise
Hence then, the article about better business bureau warns against credit repair and debt relief companies that offer big promises was published today ( ) and is available onTOP world News today ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Better Business Bureau warns against credit repair and debt relief companies that offer big promises )