Text messages from debt consolidation companies

Posted by Iva Radman – email

RICHMOND, VA (WWBT) - You could soon see text messages appearing on your phone from debt settlement companies.

Some companies are sending messages to potential customers, requesting that they respond to a survey, but the survey questions lead respondents to be connected to a debt expert.

Recent laws have restricted debt consolidation companies from making up front fee charges on clients, so some are using the text messages to recruit, and are trying to stay legal by terming the texts as surveys.

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