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.

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