The Alabama Attorney General’s office has seen a surge of complaints about debt reduction and credit repair scams. Attorney General Troy King, speaking at the U.S. Postal Service’s annual recognition of National Consumer Protection Week in Birmingham recently, said his consumer protection division has experienced an increase in calls from homeowners reporting foreclosure prevention scams. The Attorney General observed:
People are hurting in this economy and scam artists are preying on families desperate for help. Remember what my daddy always told me – if something sounds too good to be true, it probably is.
There are all sorts of scams these days that prey on consumers who are hurting because of the “sick economy.” The burden of heavy credit card debt along with mortgages owed to predatory lending is hurting folks badly. Good advice is to be wary of solicitations over credit debt and mortgage foreclosure prevention. These scams are certainly on the rise. Taxpayers and homeowners should be extra cautious about mail or email solicitations and should never give their personal information to strangers who offer assistance in the solicitation. Alabamians who experience any kind of consumer fraud should contact the Alabama Attorney General’s Office at (334) 242-7300.
Source: Birmingham News
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