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Debt Settlement Company Fined $3.3 Million for Deceiving Consumers 26 Aug 2013 | 11:03 pm
You’ve heard the saying, “If it sounds too good to be true, it usually is.” This was a catchphrase used by the Better Business Bureau to alert the public to shady business practices. And it definitely...
How to Handle Debt Collection Threats 19 Aug 2013 | 10:55 pm
You’ve seen the stories on ABC News about the fake debt collection scams harassing millions of Americans. These scammers threaten criminal charges, fraud, arrest and prosecution. The name for this b...
4 Reasons to Check Your Credit Report 12 Aug 2013 | 10:48 pm
We all know that our credit report can affect almost every area of our lives, from the interest rate we’ll pay on a car loan to our future job opportunities. But most people are not in the habit of ke...
Attorney General Defeats Debt Collectors, Shuts Down Company 5 Aug 2013 | 09:38 pm
Last year, New York Attorney General Eric Schneiderman claimed a massive victory for consumers by prosecuting two shifty debt collectors in the state of NY. The companies used business names that made...
Student Loan Debt Collector Earns $454,000 – Rich Rewards for Student Loan Debt Collector 29 Jul 2013 | 09:32 pm
Last month the news organizations were all talking about a student loan debt collector who made $454,000 in one year by collecting defaulted student loans. His name is Joshua Mandelman and he works f...
Consumer Wins Against Stale Debt Collection Lawsuit 22 Jul 2013 | 06:23 pm
The Fair Debt Collection Practices Act (FDCPA) is a federal law designed to protect consumers in the field of debt collection. One of its provisions deals with lawsuits and the age of debt. The FDCPA...
85 Year Old Woman Sues Debt Collector Over Fake Suicide Call 15 Jul 2013 | 06:18 pm
A recent article in the Huffington Post reports a story about an 85 year old woman who is suing Wells Fargo after one of its debt collectors reported to local police that the woman was threatening sui...
Army Veteran Told “He Should Have Died” by Debt Collector 8 Jul 2013 | 06:11 pm
We owe our nation’s troops an enormous debt of gratitude. But apparently one debt collector thinks an Army veteran would be better off dead than not paying his bills on time. This shocking story is ou...
Your Experian Credit Report May Have Been Hacked 1 Jul 2013 | 06:03 pm
Your identity is precious, as those who have been victims of identity theft know. So when hackers broke into computers at a Texas credit union last year and stole the banks online account with Experia...
The Latest Victims of Identity Theft: Your Kids 24 Jun 2013 | 07:58 am
Identity theft is one of the fastest growing crimes in the U.S. The latest victims are one of the last groups you would think of – kids. The new phenomenon sweeping the country involves shameless scam...
