Tag Archives: credit cards
- University of Georgia Ph.D. Student Sentenced For Fraud And Identity Theft
In early December, Carlton Lewis, a former Ph.D. student was sentenced to 70 months in prison for his role in an identity theft and credit card fraud conspiracy. Throughout the conspiracy, Lewis, who was enrolled as a Ph.D. student at the University of Georgia, provided credit and debit card skimming devices to waitresses working in [...]
- East Coast Credit Card Fraud Ringleader Gets 12 Years In Prison
An identity thief was sentenced earlier this month to 12 years in prison for managing and east coast credit card fraud ring. Jonathan Oliveras, used counterfeit credit cards encoded with stolen account information up and down the East Coast of the United States and has been sentenced for this crime. In addition to his 12 [...]
- Retail Store Credit Cards: How Many = Too Many?
“Would you like to save 10 percent on your purchase today by applying for a retail store credit card?” Does that sound familiar? Just about every major clothing and electronics store has promotion aimed at getting people to sign up for a store-specific credit card. But what you don’t know about retail store credit cards [...]
- Couple Faces Serious Jail Time For Their $25 Million Nationwide Telemarketing Fraud Scam
Kara Singleton Adams, from Georgia, was found guilty last week on charges of wire fraud, conspiracy, and structuring financial transactions, relating to a $25 million nationwide telemarketing fraud scheme. Already convicted in this scheme are three co-defendants including Adams’ husband, Jason James Eyer, James Adolph Schoenholz, and Brittany Dunphy. All three pleaded guilty to related [...]
- I Was Building a New House But the Bank Won’t Give Us What it Appraised For So I Put the Rest on My Credit Cards. – John
“Dear Damon, Was building a new house.. Went to close on long term loan.. The bank would not give us what it was appraised for. I had to you all saving to not lose the house.. I put the rest on credit cards. I could not keep up with card and all other expenses. I [...]
- Scott Writes Me and Asks For Help – “We Are Behind And Overwhelmed”
Scott wrote to me at GetOutOfDebt.org and asked me the following question. If you have a question you can visit GetOutOfDebt.org and ask for my free help also. “Dear Steve, We have too many bills and not enough money. We owe $30,000 in debt besides my mortgage. We are behind about 1-2 months are most [...]
- Teresa Writes In “I Have Too Many Credit Cards”
Teresa wrote to me through the GetOutOfDebt.org site and asked me her question below. You can write me for help also. Visit GetOutOfDebt.org. “Dear Steve, I have too many credit cards. Where do I start to get rid of them? Teresa” The Answer: Dear Teresa, Credit cards don’t magically appear in our wallets or [...]
- Opal Writes In “I’m Worried About Hurting My Credit If I Close Credit Card Accounts”
Opal wrote to me through the GetOutOfDebt.org site and asked me the question below. If you have a question you can write to me through the site as well. “Dear Steve, I have two or three credit card that are debt free. Should I close these accounts since I don’t use them and don’t need [...]
- This Time I Asked “Do You Think You Are a Failure When You Break Your Budget?”
Recently I was over on the Finance Your Life blog and asked Doctor S, the blogger there for his opinion on the following question: “Do you become a financial failure when you break the budget just trying to get a bit of fun in your life when everything else around is stressful at home, at [...]
- How to Get All the Cheap Credit You Want
Today, the average person pays between 16 and 17 percent on credit card balances. While interest charges may seem low when you look at the monthly charge on your statement, over the long run they can really add up. In fact, the average person can put a hundred bucks or more in his or her [...]
- Can I Go Bankrupt On Just My Credit Cards? – Mike
Mike wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]
- Daniel Writes In – “How Can I Get Out of Credit Card Debt?”
Daniel says, “I’ve been buried in credit card debt and it feels like I make payments each month and instead of things going down, things go up. My interest rates recently went up even though I have not missed a payment or paid late. Another one of my MasterCard’s just lowered my limit a lot. [...]
- Rebecca And Her Husband Are Struggling to Keep The Business Going
Rebecca wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]
- Thu Wrote Me And Said “I’m Really Struggling, My Husband is Disabled, How Can I Get Out Of Debt?”
Thu wrote to me through the GetOutOfDebt.org site and asked me the following question. If you have a question you want to ask, visit the GetOutOfDebt.org site and ask. I’m here to help for free. “Dear Steve, I’m married, my husband is disabled. I have 3 growing children and a 6 year old disabled child. [...]
- Trish Says “Credit Counselor Is Going Out of Business And I’m Late On Payments”
Trish wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]