07-23-2007, 07:41 PM
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Member
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Join Date: Apr 2007
Posts: 89
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Credit Card Services
Received an automated phone message from Credit Card Services. The offer was to lower credit card interest rates to 6.9 percent. Since my signature motto is do not take anyone or anything at face value, I decided to investigate further.
Visited 419legal, entered Credit Card Services in their search engine. Once the page appeared, I scrolled down and opened a link in the Scam Alerts forum. The article, Credit Card Scam Making Its Way Around The State, described the same telephone scam I experienced. It said these identity thieves gather personal financial information when a person takes the bait. Credit Card Holders and Card Services are other company names they use.
It's my understanding that the only way a credit card company reduces an interest rate is through negotiation. You can do it yourself, or a legitimate credit counseling agency does it for you. To educate yourself on the subject, click on BBB Alerts & News. This page tells you how to check out an agency, what is involved in making a debt management plan and points out red flag warnings. At the bottom of the screen, the bbb plugs Clearpoint Financial Solutions, Inc., their national non-profit organization.
In addition, there are 151 other articles listed under their finance/credit section. If you are interested in learning more, click on BBB. Open the "Consumer/Business Tips" link, located in the upper left corner of bbb's home-page. You will find entry to finance/credit articles on this page.
Please file a complaint with your state's Attorney General's office, if these con artists call.
Last edited by S. Tomas : 08-21-2007 at 11:56 PM.
Reason: Revise
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