Bankrate.com

debt

Foil 6 common consumer credit complaints

Heating up
Next
1 of 8
text

What is making consumers increasingly hot under the collar?

When it comes to complaints about consumer credit, foreclosure rescue scams are the fastest-growing reason to be steamed, according to a recent survey by three leading consumer protection organizations.

"I wish I could say I was surprised," says Susan Grant, director of consumer protection for the Consumer Federation of America. But as more Americans fall behind on their mortgages, there is a growing roster of scam artists who view these vulnerable families as ripe for ripping off.

Grant's organization, along with the National Association of Consumer Agency Administrators and North American Consumer Protection Investigators, sponsored the study. Here is a sampling of some of the things consumers find most offensive, along with advice with on how to protect yourself.


 

 

advertisement

Compare Home Equity Rates



advertisement
Bankrate on Facebook
debt
Old debt never dies, but there is an expiration on a creditor's ability to garnish wages.
advertisement
Share your tip to win $100Smart Spending
Are you a champ at cutting costs? Enter your tip in our Frugal $ense contest to be eligible to win $100. There’s a new winner every month.
Is your money safe?
or ? See your bank, thrift or credit union's star rating. Find one that's safe enough for you.
Partner Center
advertisement