Tag Archives: consumers
- Goddard Warns Consumers about Credit Union Text Message, Phone Solicitation Scam
(Phoenix, Ariz. – May 25, 2010) Attorney General Terry Goddard today reminded consumers about a “phishing” scam purported to be from Credit Union West, a Glendale-based financial institution, requesting personal information. Over the last several months, the Attorney General’s Office has seen an increase in calls regarding this particular scam.Verizon, Sprint and T-Mobile customers have [...]
- Goddard Warns Consumers about ‘Skimmers’ on Gas Pumps, ATMs
(Phoenix, Ariz. – July 16, 2010) Attorney General Terry Goddard today warned consumers about credit and debit card “skimming” which has become increasingly prevalent in Arizona in recent months. Skimming involves the use of an inconspicuous electronic device that thieves can install on gas pumps or bank ATMs. Essentially, these small devices record your credit [...]
- Judge Bloom Finds California-Based Internet Lender, CashCall, Abused West Virginia Consumers, Violated State Usury Laws. $15 Million Returned to WV
In a much-anticipated ruling likely to have national implications, Kanawha Circuit Judge Louis H. Bloom entered two lengthy orders yesterday finding in favor of the State on all its claims and ordering Internet lender, CashCall, of Anaheim, California, to pay $15 million in civil penalties, refunds, and cancelled debts for the 292 West Virginia consumers [...]
- Attorney General Gansler Warns Consumers About Medicare Scam Simple advice: Never give out personal information to someone you don’t know
Maryland consumers should be on the lookout for the latest scam that seeks to steal personal information over the phone by using the Patient Protection and Affordable Care Act (Federal Health Care Reform) as a ploy. “If someone claiming to be from the government calls and asks for your personal information, just hang up,” said [...]
- Attorney General Gansler Warns Consumers About New Utility Scam Don’t be a victim: “Obama administration grant” to pay utility bills is a hoax
Attorney General Douglas F. Gansler is warning Maryland consumers not to be fooled by a new utility scam claiming to provide a federal government grant that will pay off utility bills. “Consumers should never give up their hard-earned money until verifying the legitimacy of an offer – no matter how enticing it may seem,” said [...]
- Attorney General Darrell McGraws Settlement with DP Nets $1.7 Million in Refunds and Cancelled Debts for WV Consumers
West Virginia Attorney General Darrell McGraw today announced an agreement with DP & Associates of Irvine, CA, that requires the debt collection company to pay a total $1.7 million in refunds and cancelled debts. The company engaged in unlawful and threatening debt collection practices and attempted to collect debts without a license. An investigation by [...]
- Terry Goddard Warns Consumers About Storm Repair Scams
(Phoenix, Ariz. – Oct. 7, 2010) Attorney General Terry Goddard is warning Arizonans to be wary of unsolicited contractors coming to your door and offering help with repairs or clean-up related to this week’s strong storms across Arizona.“From the tornadoes that touched down around Flagstaff to the golf ball-size hail that fell in parts of [...]
- Get Out of Debt
Struggling to get out of debt ? If so, you aren’t alone. Millions of Americans are drowning in debt. They are overextended to the point of filing bankruptcy or losing their home to foreclosure
- Jeffrey Writes in About Mortgage Company Ethics
“I have a quick question for you. What do you think of the sale of mortgages when consumers have no say over who the ultimate buyer of their mortgage will be? Say, you have a problem with one of the banks caught up in the sub-prime lending issues and your new mortgage with one of [...]
- Consumer Debt Options Threatened: “Consumer are the losers with a debt settlement industry in crisis.”
Press release just out from New Era Debt Solutions. A whole lot of commonsense and truth in this release. Good job guys. Get Out of Debt Guy – Twitter, G+, Facebook CONSUMER DEBT OPTIONS THREATENED “Consumers are the losers with a debt settlement industry in crisis.” People today are facing more immediate financial pressure than [...]
- Expect Tidal Wave Of Limit Reductions and Credit Card Closures to Hit Before Christmas
Yesterday I wrote about a little old hardware store that had noticed an increase in card purchases over cash. That’s not a good sign if people are using plastic more for routine things and especially in this environment of credit card issuers reducing credit limits, raising interest rates and closing cards. You see, the credit [...]
- Some Interesting Ideas To Try To Bribe You To Spend, Spend, Spend
Here are some interesting ideas floated in a recent Washington Post article to encourage consumers to get back to what they are supposed to do best, spend. What do you think about these ideas? Idea 1 Lower the price of consuming. State governments could suspend sales taxes, with the federal government picking up the tab. [...]
- Groups seek credit card debt forgiveness
Groups seek credit card debt forgiveness BusinessWeek - 34 minutes ago issue around 80 percent of all US credit cards. Americans now are weighed down by around $900 billion in credit card debt , according to Federal Reserve figures.
- Consumers Feel the Next Crisis: It’s Credit Cards
Indeed it is. If you’re not in top shape for the credit card shakeout that’s already taking place, there isn’t much you’ll be able to do about it. It’s probably already too late. After years of flooding the market with credit cards (and generous limits), banks are finally starting to take it back. Eric Dash, a New York Times reporter, does an excellent job of distilling the situation. From
- Outrage Over Credit Cards with 222% APR
Outrage Over Credit Cards with 222% APR QCK, UK - 1 hour ago The money must then be repaid at a rate that is more than 10 times the average APR of a credit card. Debt groups and politicians have expressed anger at the …