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Loans & credit

Debt relief scams

A broker promises major debt reductions and collects fees without delivering creditor negotiations.

See response steps Share this in a workshop
A green market line chart displayed on a laptop screen

If you have one minute

Pause, then verify independently.

Guarantees relief for every debt

Before paying

Ask creditors about available options

See verification steps →

If you paid or shared details

Stop paying an unverified broker

See response steps →

Start with these three signs

  • Guarantees relief for every debt
  • Large upfront charges
  • No clear work or fee breakdown

How the situation unfolds

  1. Contact

    Debt ads, automated calls or relief groups.

  2. The lure

    An insider plan cuts principal and interest; pay to qualify.

  3. The demand and outcome

    Pressure and unverifiable testimonials push payment. Victims may be told to avoid creditors while fees grow and debt remains.

Verify these things before paying

  1. Ask creditors about available options
  2. Verify the provider and contract
  3. Seek verifiable debt or consumer counseling

Already engaged or paid?

  1. Stop paying an unverified broker
  2. Confirm account status with creditors
  3. Keep promises and fees; use official complaint channels

Contact your payment provider and local police promptly. The responsible institution must confirm whether a payment can be stopped, disputed or returned.

Keep these records

Service ad
Relief promises and agreement
Documents submitted by the broker
Payments and creditor notices

Keep originals and organise working copies. Never give strangers verification codes, banking passwords, private keys or seed phrases.

Original references

  • Federal Trade Commission (FTC)Publisher location：United States · EnglishOpen the original reference ↗https://www.ftc.gov/news-events/topics/consumer-finance/debt-relief-credit-repair-scams

This page summarises public prevention guidance to help recognise methods. It is not an enforcement conclusion about a particular incident. Check the source page for its original title. Procedures and reporting routes vary by jurisdiction. Compiled October 2026.

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