Sounds too good to be true? Then beware! (CNW Group/Financial Consumer Agency of Canada)
Beware of "too good to be true offers"
OTTAWA, Jan. 10, 2012 /CNW/ - The Financial Consumer Agency of Canada (FCAC) today issued a Consumer Alert on debt reduction companies. FCAC is warning Canadians: Be very cautious about companies that claim
they can negotiate a deal with your creditors so that you will have to
pay only part of your debt. This process is often called "debt
reduction," "debt settlement," "debt relief" or "debt negotiation."