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FTC, IRS, and State Regulators Urge Care When Seeking Help from Credit Counseling Organizations

The Federal Trade Commission, the Internal Revenue Service, and state regulators issued a consumer alert for those seeking assistance from tax-exempt credit counseling organizations. The agencies urge consumers to be cautious when choosing a credit counseling organization. Many credit counseling organizations provide valuable advice, education, and assistance to those seeking to better manage their debt. But an increasing number of complaints to federal and state agencies indicates that some organizations are engaging in questionable activities. Read more...

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