Here’s a typical credit repair/ debt relief scam email. You give them your money. They give you some PDF to read, and do nothing to improve your credit or debt problem.

_____________________________________________

From: Robert Gordon <gordon@creditneedsrepair.com>
To: philip*****@yahoo.com
Sent: Tue, June 7, 2011 1:07:27 PM
Subject: Quick credit repair

 Need a little help to rapidly improve a credit score and close an escrow?
See Chapter 5 in our repair kit, where we reveal one of many methods that credit professionals charge 100s of dollars to boost a Fico Score in as little as 48 hours.

How to Avoid Loan Modification Scams: Industry “Rife with Corruption,” Consumer Advocate Says

With millions of Americans underwater on their mortgages and facing foreclosure, loan modifications have emerged as a potential solution to the housing crisis. But the push to modify loans has also provide new opportunities for con artists, according to fair housing advocates.

“All those people who did unconscionable things to people with the subprime and predatory lending…they’re making their living now in these mortgage modification scams,” says Shanna Smith, CEO of the National Fair Housing Alliance (NFHA), a consortium of more than 220 private, non‐profit fair housing organizations.

A recent investigation by the NFHA and three sister organizations found the loan modification industry as being “rife with corrupt practices.”

In tough economic times, many families may need help with their finances and there are many legitimate agencies that can guide them over the rough spots. Unfortunately, there are also many companies with debt relief scams looking to take advantage of someone else’s misery to make money. Promising to reduce personal debt while keeping creditors at bay, they perpetrate their debt relief scams on those who can least afford to lose their money.