If you have a lot of debt you may be a great target for fraudsters. From pop-up ads online promising to fix your credit to telemarketers claiming they will erase your debt, the Federal Trade Commission wants you to be careful about who you hire. The FTC says many of these companies will charge you a nice fee but do nothing for you. Furthermore, these “debt relief” companies may even sell your social security number, creating much bigger problems than you could have ever imagined. However, there are legitimate credit repair services out there that cost little or nothing, so ask around and get a good referral from someone you know.