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The clipping this text was read from
The clipping this text was read from

history. The scams: The home equity loans turn out to be useless lists of lenders who will turn you down if you don’t meet their qualifications. The promised credit cards never come through, and the pyramid money-making schemes always collapse.

n Credit repair: Credit repair

• scams offer to erase accurate negative information from your credit file so you can qualify for a credit card, auto loan, home mortgage or a job. The scam: The scam artists who promote these services can’t deliver. Only time, a deliberate effort, and a personal debt repayment plan will improve your credit. I O Vacation prize promotions : X ^Electronic certificates congratulating you on “winning” a fabulous vacation for a very attractive price are among the scams arriving in your e-ail. Some say you have been “specially selected” for this oportunity. The scam: Most unsolicited commercial e-mail goes to thousands or millions of recipients at a time. Often, the cruise ship you’re booked on may look more like a tug boat. The hotel accommodations likely are shabby, and you may be required to pay more for an upgrade. Scheduling the vacation at the time you want it also may require an additional fee. You can file a complaint with the FTC by calling 877FTC-HEU3 (382-4357); TDD: 202-326-2502.

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