Protect yourself from Credit Counseling fraud, announced CNN.
The IRS looks more credit counselling services for potential abuse of their not-for-profit status. What does this study really mean for the consumer, and how can you protect yourself in the Credit Scams advice?
Steven Baker is the director of the Midwest region for the Federal Trade Commission, and he agrees with us now in Chicago.Steven, thank you for your domain with us.
STEVEN BAKER, Director MIDWEST REGION, Federal Trade Commission: large, as with you.VELSHI: Credit credit fraud and fraud council is another question, which is the IRS in this non-profit research, business credit. Let `s easy to extinguish it separation. What is the theme of the IRS `just now?
Baker: Well, the IRS is whether some of these not-for-profit credit counselling things really are, as not-for-profit. So as not-for-profit status, You `ve got to go to die Internal Revenue Service, and consider whether - - they, what are really companies, schools and charitable purposes.
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