Credit Counseling With Toll Free

This week we have noticed that many credit companies are advertising a “brand new service”–a toll free phone number for consumer to call with credit questions and for counseling. Many of the ads seem to suggest that this is a new service prompted by the credit companies. But remember our post from several weeks ago that informed our readers that this new service is in fact mandated by law? It is true, by law now all credit agencies must provide their customers with a toll free phone number to provide credit counseling and advice on paying down debt. Consumers, by law, will not pay for this call. It must be a toll free connection, paid for by the credit companies. Look on your next statement or on the credit company website for the number.

Get the Skinny on Toll Free Porting

If you are considering a toll free transfer you will need to fill out a transfer form and provide a bill copy to the carrier you want to switch to. Recently there have been reports of some rogue toll free companies that claim you don’t need a bill copy, or that if a bill copy is requested you should dispute having to send one. That information is inaccurate and skewed and could get you in to a lot of trouble. Many have lost their toll free numbers in a port process by not going with a reputable provider that requests ports legally. Get more information here.

Applications for Toll Free Phone Service Expected to Increase

For several months now, industry insiders have been advising anyone looking for a toll free number to secure one immediately. The warnings are apparently sinking in– applications for 800 numbers are at an all-time high as subscribers try to obtain a number while there are still some remaining.

Making the situation worse, hopes that the new 855 numbers would soon be released have been dashed as insiders report the launch of the numbers may be held off until 2011. Meanwhile more than two-thirds of available numbers have been taken and millions of new numbers are being registered each year.

Read more here.