Do you feel like you are drowning in debt? BBB warns you that there are people out there that will take advantage of your situation for their own personal gain. Be skeptical if you encounter a credit counseling agency that:
Demand that you provide them your account numbers
Boasts they can lower your payments by 30 - 50%
Claims it can remove negative information from your credit report
Promises to get you out of debt early
These are all red flags that indicate that you are dealing with an unscrupulous agency. For more information on Debt Management plans contact your BBB or visit bbb.org.