It is disheartening to see that even in these tough times, people are trying to take advantage of others. The latest scam doing the rounds is the credit national assist scam. In this scam, scammers pose as representatives from a credit counselling agency and offer financial assistance to people struggling with their credit card debts. They promise to consolidate all your debts into one low monthly payment and reduce or eliminate interest charges.
While this may sound like a godsend for people struggling with debt, it is important to remember that if something sounds too good to be true, it probably is. You should be aware of many red flags when it comes to this scam.
One of the biggest red flags is that the credit counselling agency that the scammers claim to represent does not exist. If you do a simple Google search, you will quickly realize that there is no such agency. Another red flag is that scammers ask for an upfront fee before providing any services. Legitimate credit counselling agencies do not charge any fees upfront.
If you receive a call from someone offering credit counselling services, do your research and ensure that the agency they claim to represent is legitimate. And most importantly, do not pay any fees upfront. If you have been a victim of this scam, please report it to the authorities so that they can take action against the scammers.
What is Credit National Assist?
Credit National Assist is a financial institution in the United States focused on helping senior citizens manage their debts. The company has a good relationship with major credit card companies, debt collection law firms, and collection agencies. The team working for Credit National Assist also has a lot of experience negotiating with financial companies to get people out of debt.
Some of the primary services that Credit National Assist offers include unsecured debt relief programs and plans. These services can help people struggling with credit card debt, medical bills, personal loans, and more. If you consider using Credit National Assist to help you get out of debt, it is important to be aware of some of the potential risks involved.
What Are the Risks of Using Credit National Assist?
There are a few potential risks to be aware of if you consider using Credit National Assist to help you get out of debt. First, the company is not accredited by the Better Business Bureau. This means that there have been no reported complaints against the company, and it is not clear how well they perform their services.
Another thing to be aware of is that Credit National Assist charges fees for their services. These fees can range from $49 to $89 per month, depending on your service type. You will also have to pay a one-time setup fee of $99. While these fees are not outrageous, it is important to make sure that you can afford to pay them before signing up for any services.
Finally, it is important to remember that debt relief programs and plans are not guaranteed to work. While Credit National Assist has a good reputation and seems to be a legitimate company, there is no guarantee that their services will help you get out of debt. If you decide to use their services, make sure you do your research and understand the risks involved before signing up.
What is the Credit National Assist Scam?
The Credit National Assist Scam is a credit repair scam that uses the name of a legitimate credit counselling and credit optimization company, Credit National, to trick people into signing up for their services. This scam has been going on for several years and has taken advantage of many people struggling with their credit.
The scam works because the scammers will contact people who are behind on their credit payments or have bad credit and offer to help them improve their credit score. They will then charge these people a fee for their services, often hundreds or even thousands of dollars.
Once the person has paid the fee, the scammers will disappear, and the victim will be left with no results and a much lighter wallet.
There are many other credit repair scams, but the Credit National Assist Scam is one of the most well-known and persistent ones. If you are contacted by someone offering to help you improve your credit score, be very careful. Make sure you research the company and only work with reputable credit counselling or credit optimization companies.
If you think you may have been a victim of this scam, please contact the Federal Trade Commission and file a complaint.
What do the scammers say?
The callers will tell you that they are from Credit National Assist and they can help you with your credit card debt or other financial problems. They may also say that they are government officials or representatives from credit agencies. They will then ask for personal information such as your name, address, date of birth, social security number, credit card number, and bank account information.
They will use this information to get access to your credit card account or set up new accounts in your name. They may also use it to commit identity theft.
They will then tell you that you need to pay them a fee for their services, often several hundred or even a thousand dollars. They may offer to lower your interest rates, waive late payments, or consolidate your debt.
Please do not believe anything they say! These are all lies, and you will not get any of these services by paying them a fee. You will only get a lighter wallet and possibly some serious financial problems.
What should you do if the Credit National Assist Scam contacts you?
If you are contacted by someone claiming to be from Credit National Assist, do not give them any personal information. Hang up the phone and do not call back.
If you have already given them your personal information, please get in touch with your credit card company or bank immediately and close any accounts that may have been opened in your name. You should also file a police report and a complaint with the Federal Trade Commission.
You can find more information about this scam and how to protect yourself on the Federal Trade Commission’s website.
If you’re considering using Credit National Assist, be aware of some potential risks involved. There have been reports of scams in which people have lost money, so it’s important to do your research and be sure that you’re using a reputable company. Additionally, remember that you’ll likely be responsible for any fees associated with the service, so be sure to read the fine print before signing up. Overall, Credit National Assist can be a helpful tool if used correctly, but it’s important to be aware of the potential dangers before getting started. Thanks for reading!
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