creditcounselinadirectory2

Monday, April 04, 2005

debt management credit counseling corp

Failure to pay creditors in a timely manner or at all. Some credit
counseling agencies that offer debt management plans may fail to pay
creditors in a timely fashion or at all. This can result in serious
consumer harm, such as late fees that the creditors impose.
Promises of results that cannot be delivered. Some agencies promise
that they will lower consumersÂ’ interest rates, monthly payments, or
overall debt by an unrealistic amount. Some also make false promises
to eliminate accurate negative information from consumersÂ’ credit
reports.

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