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Extended Warranty Advice, New Student Loan Collection Tools, College Not Worth the Cost,

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Resist the Extended-Warranty Pitch While you’re doing your holiday shopping, be prepared for the inevitable pitch to add a service plan, or extended warranty, to your purchase, especially if you’re buying electronics or appliances. Salespeople will tell you that a service plan gives you the peace of mind of knowing that any repairs needed after the manufacturer’s warranty expires will ... Read More »

Who Are These Wage Shield People?

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A reader contacted me and wanted to know more Wage Shield. The company claims that for $2,995 per couple they can protect assets from creditors. The Wage Shield website is very open on sales information but short on critical details. The site says the representative is Jason Oswald and the company name is Hennessy & Associates, LLC. But the site ... Read More »

Hardship Assistance Center Mailer – Total and Utter Bullshit

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A reader and tipster (send in your tips here) sent in the form below and was frankly, pissed by the marketers. The consumer said: “My wife has received two if these notices. Both were the same, with the tri-fold and tear edges like bank or government mail. Neither say anything about advertising. Both claim we are 27,089 dollars in debt. ... Read More »

Another Broke Ass Scammer Put Out of Business by FTC

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The Federal Trade Commission has announced yet another action against a debt relief company that closes their doors but protects consumers. But yet again, here is another example of a scammer being caught and fined, but unable to pay the big fines. Patrick Freeman, the sole owner of Hope for Car Owners has agreed to a $362,388 judgment as part ... Read More »

Bank of America Offers Sweet Balance Transfer Deal in Time for Christmas

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You would not believe the number of credit offers I review and see. But this one caught my attention as usually interesting. I have no idea how many people have access to this offer but if you are a Bank of America card holder it might be worth calling customer service and seeing if you are eligible for it if ... Read More »

Idaho Puts a Halt to The Residential Litigation Group Advertising Mailer

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Thanks to a kind tipster (send in your tips here) I received a copy of a cease and desist order by the State of Idaho against The Residential Litigation Group. This is company that is selling services that claims to be based out of Washington, DC and offers foreclosure defense. It appears the company was using similar mass joinder type ... Read More »

Keeping Track of Your Personal Finances Just Became Stupid Easy

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Let’s be honest, for many of us, keeping track of bills and personal finances is a big pain in the butt. I know I personally hate to deal with all the paperwork that come with keeping track of things. For me, it’s annoying and boring. But recently I found a small bit of technology that I wanted to checkout that ... Read More »

Oregon Sues Legal Helpers Debt Resolution, Russian Consumer Run Up Debt, Elderly Sweepstakes Scam

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Oregon sues Legal Helpers Debt Resolution and Chicago law firm for financially abusing elderly Legal Helpers Debt Resolution collected at least $2.5 million in fees from Oregon consumers since 2009, promising to secure “financial workouts” for their unsecured debts, according to a complaint filed Tuesday in Multnomah County Circuit Court. But the company never registered with the state as required ... Read More »

The Big List of Top Secret Speciality Credit Reporting Agencies

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When it comes to companies that collect and sell information about you, people generally think there are only three major credit bureaus. In fact there are a number of speciality credit bureaus. You’ll be surprised how many different company collect and maintain information about you. Below you will find a comprehensive listing of these credit bureaus and how to contact ... Read More »

Credit Repair Outfit Nailed With Civil Contempt After Violating Court Order

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The FTC has announced they went back after Latrese & Kevin Enterprises, Hargrave & Associates Financial Solutions, Latrese Hargrave, Latrese V. Williams, and Kevin Hargrave, Sr. The couple and their companies somehow allegedly resurrected their credit repair outfit after they had been previous slapped by the FTC. Credit repair companies nailed by FTC. – (Click to Tweet) In the announcement ... Read More »

Here’s How to Build the Best Budget – Get Out of Debt Guy Show

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Budgets can be an exercise in pain for many people. The sad part is it doesn’t have to be like that, at all. Building a great budget is simple when you understand what not to do. And what you shouldn’t do first is sit down and make a budget from memory. That just sets you up for a bad outcome ... Read More »

Yellow Page USA Scam – FTC Cracks Down

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Maybe you are getting a flurry of junk faxes like I am from companies pretending they are collecting on invoices due for Yellow Pages advertising. On of the faxes I get regularly is from Yellow Page USA, which is actually located in Dubai, UAE. This and other fake invoices are designed to trick companies into thinking they have open and ... Read More »

Apple Virus, South African Consumer Debt, DocX Racketering, UK Debt Relief

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Fake Apple Emails Lead to Computer Virus Infection Online criminals targeting exploits is nothing new, but they are now taking a multi-pronged approach to compromising your security. They are not just exploiting unpatched flaws in your applications; when that fails they convince you to infect yourself. Take, for example, this email I received today pretending to be an invoice from ... Read More »

Debt Settlement Targets Ohio, Nearly Half Want to Skip Christmas, NY AG Sues Bank

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Debt settlement companies lobbying Ohio for entry into the state Companies that charge up-front fees for working with consumers to settle tens of thousands of dollars in credit-card debt are pushing for a bill in the lame duck legislative session that would allow them to operate in Ohio. The “debt settlement” industry has been advocating for legislation in Ohio for ... Read More »

Motor Club of America (MCA) Looks Like a Biz Op to Avoid. Not What It Appears to Be.

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An advertisement for Motor Club of America caught my eye recently. The recruitment advertisement for sales people said: “WOULD YOU LIKE TO MAKE MONEY? WHO DOESNT?! I JOINED A PROGRAM WHO HELPED ME GET OUT OF DEBT … SO NOW I WANNA HELP YOU GET MONEY LIKE I AM… I JOINED A PROGRAM WHO GIVES ME GREAT BENEFITS SUCH AS ... Read More »

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