I received an e-mail yesterday, purportedly from Bank of America (where I have never had an account at any point in my life).
It stated my account had been compromised, and that I should click on the link in the e-mail and sign in, and provide ALL of my personal information (including my SSN) to prove my identity and stop someone from stealing all my money.
I just wanted to make everyone aware of this scam
e-mail making the rounds - someone might actually fall for it and click on the link. The link the e-mail most likely takes you to a site that will LOOK like a Bank of America site, but in fact, is used by hackers to steal your identity, banking information, and therefore, your money.
By signing up a debt counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
Some creditors and collection agencies refuse to lower the payoff amount, interest rate, and fees owed by the consumer.
Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.