About the Author Richard lives in Edinburgh, occasionally writing for the personal finance blog

About the Author Richard lives in Edinburgh, occasionally writing for the personal finance blog Cashzilla, and reciting Vogon poetry. If you cant, be candid and make a believable claim. Fannie Mae is chartered as a private company to hold down the costs of mortgages. Avoiding Consumer Credit Counseling Scams As with most services concerning money, there are those who will try to present themselves as consumer credit counseling services in order to scam money out of individuals who are desperate for a way out of debt.