Category Archives: Watch Out

FTC Settles Charges Against Children’s Social Media Network After Collecting Personal Information Without Parental Consent

The operator of SkidEKids.com has settled charges from the Federal Trade Commission (FTC) after collecting children’s information without parental consent. The website, SkidEKids.com, has been marketed and advertised as a website similar to Facebook or Myspace but for children, providing for them a safe and educational place on the internet. According to the FTC, Skid-e-kids [...]

Penny Auctions: If You’re Not Winning, You’re Losing

A week ago the BBB posted an article in the blog section of their website entitled “Penny Auctions: Unless You Win, You’re Probably Wasting Time and Money.” Personally, I found it hard to believe that penny auction sites were at all accredited by the BBB – this new blog post of theirs makes me feel [...]

FuckYourBills.com – Author = Satan. I’m Not Kidding.

I flat out love my readers. They send me the most amazing tips. Today a tipster reported in about an advertisement they saw. F..K Your Bills More bills & debt than you can pay? “F..k your bills” No need to pay. www.screwyourbills.com/prelaunch/svideo/ So of course I had to go check that out. ScrewYourBills.com is owned [...]

Are Penny Auctions Sites Worth It? RIP-OFF Alert!

Penny auction sites are skyrocketing into the peripheral sites of digital users left and right. Steve recently wrote an article giving an inside look into one penny auction site: QuiBids.com. If you’ve never used or seen a penny auction site, let me break it down for you: there are various items, some big ticket and [...]

Is M.R. Carter and Carter Financial a Scam? – WATCH LIST

I answered a reader question over on another site. The poster said: I have been contacted by Carter Financial LLC, and they have proposed that depending on my case, they can lower my credit card interest rates. I see on here there are two negative reviews, and one positive review. If I were to let [...]

American Express Targets Whippersnappers With FourSquare Credit Deals

It was only a matter of time before credit card companies entered the location-based, social media scene. It was announced today that American Express and Foursquare have officially teamed up. I remember when Foursquare hit the scene back in 2009. “This is stupid” I said. “Why would I want anyone to know where I am? [...]

Digital Bank Robber Steals $500,000 In Bitcoins. Who Didn’t See This One Coming?

There are many things in the world that engage my well-known automatic body response of a slight cocking of my head, a furrowed brow and a whisper of the word “really?”. But today, I fear that minor automatic response stepped aside as I threw my head into my hands, dropped my elbows down onto my [...]

CouponCaboodle.com Website Review

I stumbled upon a new couponing site this week: CouponCaboodle.com. I decided to review this site to show what not to look for with couponing websites. Embed Share Video about CouponCaboodle.com Website Review by @GetOutOfDebtGuy from GetOutOfDebt.org Copy and paste the embed code above if you have made your selection. The website has a clean [...]

Credit Card Accountability Responsibility and Disclosure Act of 2011 Mailer – It’s Total BS

Thanks to some pretty awesome tipsters the flood of fake, misleading and deceptive mailers has been coming in fast. The latest is the Credit Card Accountability Responsibility and Disclosure Act of 2011 mailer that tells consumers they need a Forensic Mitigation Program. For those of us who deal with the consumers and debt even the [...]

The Effectiveness Of Tearing Up Unwanted Credit Card Offers

Ever wonder how effective tearing up an unwanted credit card offer is? Many will just tear it in half, or even tiny pieces, throw it in the garbage and never think of it again. However, how easy would it be for a criminal to get a hold of your garbage and tape it back together? [...]

GAO Takes Closer Look at Home Loan Modification Scams

The Government Accountability Office (GAO) comprised a report, Homeownership Preservation: Federal Efforts to Combat Foreclosure Rescue Schemes Are Under Way, but Improved Planning Elements Could Enhance Progress, based on “information available to federal and state agencies and nonprofit organizations, such as consumer complaints and the number of enforcement actions.” The report revealed two predominant schemes [...]

Students Fight Back Against For-Profit Colleges: Westwood College Sued For Fraud

We’ve covered this topic time and time again (see Know Your For-Profit College ABC’s: Assertive, Bold and Cheeky. How I Almost Became a For-Profit College Statistic and Government Finds Fraud and Deception in Marketing for For-Profit Colleges); for-profit colleges and their deceptive practices to get students to enroll and take out loans they cannot afford. [...]

Banks Target MVBs, Most Vulnerable Bankers, to Keep Overdraft “Protection” Before Regulation E Comes Into Effect

Overdraft “protection” as we know it in America will make a positive change August 15, 2010. Considering to protect something means to cover or shield from exposure, injury, damage, or destruction, overdraft “protection” is anything but that. I view it as one of those “convince” fees. Let’s just call it what it is: a service [...]

Mother-Daughter Team Pretend to be from Credit Card Company and Call Widowers for Money Owed by Deceased Spouse

A mother and daughter team out of Niles Michigan, 44-year-old Bettye Turnbo of Niles and her daughter, 27-year-old Christina Turnbo were arrested after they had been using the obituaries to call the surviving spouses of dead seniors and telling them the dead spouse owed money and they had to pay up. The Turnbo’s allegedly then [...]

Dave Burke, the Radio Host Credit Counselor, and the Real Talk Network Send Client to Collections. WTF!

This comment came in on a previous post of mine, What Do You Think of the Dave Burke Real Talk System of Eliminating Debt? – Stan. I don’t think I’ve ever created a new post from a comment before but this comment brought to light some very disturbing issues. I went to the Real talk [...]