skip to main content
skip to newscasts

Sunday, December 3, 2023

Public News Service Logo
facebook instagram linkedin reddit youtube twitter
view newscast page
play newscast audioPlay

NH gun-safety advocates advise services, bipartisan laws after deadly shootings; Food banks, pantries address rising food insecurity during winter holidays; Despite cost debate, some MN businesses intrigued by paid-leave law.

view newscast page
play newscast audioPlay

Muslim American leaders in swing states like Michigan threaten to Abandon Biden, VP Harris criticizes greenwashing at COP28, former congresswoman Cheney calls the GOP a "threat," and George Santos is expelled.

view newscast page
play newscast audioPlay

Congress has iced the Farm Bill, but farmer advocates argue some portions are urgent, the Hoosier State is reaping big rewards from wind and solar, and opponents react to a road through Alaska's Brooks Range, long a dream destination for hunters and anglers.

BBB Warns of Debt Relief, Credit Repair Company Scams

play audio
Play

Monday, September 11, 2023   

Ohioans seeking help from companies promising to reduce or eliminate debt or fix their credit scores are getting duped, and often are left financially worse off, according to a new report.

Judy Dollison, president of the Better Business Bureau of Central Ohio, said the rise in student loan, medical and credit card debt has increased demand for such services. The problem, she said, is not all companies are legitimate.

"BBB has had more than 12,000 complaints and negative reviews combined about credit and debit assistance companies," Dollison reported. "That just shows you that this is a problem."

The Better Business Bureau advised using a credit report service such as AnnualCreditReport.com, and calling the debt holders yourself to attempt to negotiate a lower payment or interest rate.

Dollison pointed out sketchy debt relief, debt consolidation and credit repair companies offer quick and extensive financial fixes and use high-pressure tactics to get consumers to quickly pay upfront fees.

"What we find is, if it sounds too good to be true, it usually is," Dollison explained. "Credit and debit repair actually take months, if not years, to solve."

If a legitimate company has bad business practices, Dollison advised, people can file a complaint or do a customer review. But if they believe the organization is scam, she said they should use the Better Business Bureau's Scam Tracker site to report it.

"You cannot only report when you've been approached by a scammer," Dollison noted. "You can also look up the situation that you're in, to see if others have reported that as a scam."

She added if you are seeking out a company's services, do not be rushed, and avoid giving away any personal banking information until you have evidence it is operating legitimately.

Reporting by Ohio News Connection in association with Media in the Public Interest and funded in part by the George Gund Foundation.


get more stories like this via email
more stories
According to the National Family Farm Coalition, the average U.S. farmland value is now $3,800 per
acre, the highest since the 1970s. (Adobe Stock)

Environment

play sound

North Dakota's farming landscape is seeing policy shifts dealing with corporate ownership of agricultural interests. Now, there's fresh debate at the …


Social Issues

play sound

Advocates for unpaid family caregivers in Maine say they'll need continued support beyond the recently passed paid family and medical leave program…

Social Issues

play sound

The Students for Justice in Palestine chapters at the University of Florida and the University of South Florida are filing lawsuits against the deacti…


An estimated 40% of recent college graduates in the U.S. are underemployed, according to Statista. (Adobe Stock)

play sound

A new report from WGU Labs, a nonprofit affiliate of Western Governors University based in Millcreek, Utah, is shedding light on the importance of …

Social Issues

play sound

Many older residents of Washington state are facing strains on their budgets -- and the government programs that could assist them are underused…

The Thrive Indianapolis Annual Report 2022 says Indianapolis has been recognized as a Tree City USA for 35 consecutive years. (Adobe Stock)

Environment

play sound

Bloomington and Indianapolis are getting some international recognition for the work they're doing to help the environment. The two have been named …

Health and Wellness

play sound

New Mexico activists are tapping today's World AIDS Day, Dec. 1, to announce they'll ask the State Legislature to provide more money for treatment …

play sound

Bipartisan legislation that proposes the installation of solar panels in schools across Pennsylvania awaits a vote in the state Senate. The Solar …

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright © 2021