Latest Posts
Home > Author Archives: Research Department

Author Archives: Research Department

Consumer advisory: Your benefits are protected from garnishment

201505_cfpb_most-debt-collectors-cant-garnish-your-social-security-or-va-benefits

May 13 2015 By Nora Dowd Eisenhower and Holly Petraeus Older Americans, like many of their younger counterparts, increasingly have debts in collection. Over one-third of the complaints that older consumers submit to us are related to debt collection. In some of these complaints, consumers told us that debt collectors threatened to garnish their benefits from Supplemental Security Income (SSI), ... Read More »

    Tell us about your student debt stress

    201505_cfpb-student-debt-stress-header

    May 14 2015 By Seth Frotman If you are paying back student loans, you are not alone. Over 40 million Americans are repaying more than $ 1.2 trillion in outstanding student loan debt. Significant debt can have a domino effect on the major choices you make in your life: whether to take a particular job, whether to move, whether to ... Read More »

      American Families Are Still Unsure How to Save for College

      3D Press Release Crossword

      Pittsford, New York (PRWEB) April 17, 2015 Savingforcollege.com’s second Annual College Savings Survey indicates that while 75% of parents and grandparents are very confident that their children or grandchildren will attend college and want to help fund it, 59% have not yet begun to save. Similar to 2014 findings, those who are not saving cite a lack of time to ... Read More »

        Moms Know Best about Being Frugal

        3D Press Release Crossword

        Boston, MA (PRWEB) April 27, 2015 A new survey from BeFrugal.com finds savvy spenders can celebrate mom this Mother’s Day while making her proud. According to the results, over eight in ten (81%) Americans say their mothers have shared financial wisdom with them, and 85% say their mom taught them to be frugal. FINANCIAL ADVICE FROM MOMEighty-one percent of Americans ... Read More »

          Higher Ed Lobby Quietly Joins For-Profit Schools to Roll Back Tighter Rules

          20150505-higher-ed-lobbying-630x420

          Several hundred students from for-profit colleges rallied in front of the Capitol in 2010, protesting the Obama administration’s efforts to regulate the industry. (Susan Biddle/The Washington Post) The Obama administration is set to achieve one of its top domestic policy goals after years of wrangling. For-profit colleges, which absorb tens of billions of dollars in U.S. grants and loans yet ... Read More »

            Court Halts Mortgage Relief Operation that Targeted Homeowners Facing Foreclosure

            Woman in home office with computer and paperwork frowning

            Some People Lost Their Homes: Paid Defendants Instead of Making Mortgage Payments At the Federal Trade Commission’s request, a federal court halted a sham operation that allegedly told financially distressed homeowners it would help get their mortgages modified, but instead effectively stole their mortgage payments, leading some to foreclosure and bankruptcy. The FTC seeks to permanently stop the scheme and ... Read More »

              The Downside Of Low Interest Credit Cards

              3D Press Release Crossword

              New York, NY (PRWEB) April 20, 2015 National Debt Relief recently shared in an article published April 14, 2015 how consumers can better understand how low interest credit cards work. The article titled “Advice About Low Interest Credit Cards That May Totally Shock You” lists down some of the things that people might miss out when opening low interest credit ... Read More »

                National Debt Relief Shares The Good News For Consumers With Bad Credit

                sabatoging_credit_score

                Philadelphia, PA (PRWEB) April 12, 2015 National Debt Relief recently shared in an article published April 6, 2015 how consumers who has either a very low credit score or zero credit score can finally have an easier access to credit. The article explains how FICO came up with the pilot program and who will mostly benefit from this development. The ... Read More »

                  National Debt Relief Shares An Easy Budgeting Technique

                  I personally hate the process of data gathering and tracking spending, but that doesn't mean it's not a critical step and something we each have to do in order to make wise decisions.

                  Miami, FL (PRWEB) April 11, 2015 National Debt Relief recently shared in an article published April 2, 2015 how consumers who hate budgeting can deal with it in the simplest way possible. The article titled “Budgeting For People Who Hate Budgeting” aims to share a budgeting technique so simple that people who hate it and even those that are doing ... Read More »

                    Court Temporarily Halts Company From Offering Mortgage Relief Services

                    ftc

                    L.A.-based Defendants Deceptively Pitched Their ‘Services’ Online and Over the Phone Continuing to crack down on phony mortgage relief programs, a federal court has temporarily halted Los Angeles-based Wealth Educators, Inc. and its president from offering mortgage relief services at the Federal Trade Commission’s request. The agency charged the defendants with failing to provide the help they promised homeowners, while ... Read More »

                      National Foundation for Credit Counseling Welcomes New Members

                      iStock_000053787706_Small-184x100

                      Washington, DC (PRWEB) April 14, 2015 The National Foundation for Credit Counseling® (NFCC®) proudly announces the addition of two new members. NeighborWorks Umpqua and Take Charge America joined the NFCC during the first quarter of the year, bringing the total membership to 77 agencies with nearly 600 community-based locations across America. “We are pleased to welcome NeighborWorks Umpqua and Take ... Read More »

                        FTC, Illinois Attorney General Halt Chicago Area Operation Charged With Illegally Pressuring Consumers to Pay ‘Phantom’ Debts

                        ftc

                        The Federal Trade Commission and the Illinois Attorney General’s Office have obtained a court order temporarily halting a fake debt collection scam located in Aurora, Illinois, a western suburb of Chicago. The defendants are charged with illegally using threats and intimidation tactics to coerce consumers to pay payday loan debts they either did not owe, or did not owe to ... Read More »

                          Debt Consolidation USA Helps Explain The Concept Of Money To Children

                          child-support-taxable

                          Dallas, TX (PRWEB) April 07, 2015 Debt Consolidation USA shared in a recently published article how parents can best explain the concept of money to their children. The article titled “5 Things To Help Children Understand The Concept Of Money” aims to guide families and households in carefully explaining to children how money and finances in general work. The article ... Read More »

                            National Debt Relief Reveals How Financial Scams Can Be Avoided

                            tax_scams

                            Los Angeles-Long Beach, CA (PRWEB) April 06, 2015 National Debt Relief recently shared in an article published April 4, 2015 how most consumers are falling into the trap of financial scams. The article titled “Watch Out For These Financial Scams” hopes to educate consumers about this financially devastating problem. The idea is to identify the most common scams and look ... Read More »

                              PissedConsumer.com Exposes Common Consumer Complaints About Tax Refunds

                              stolen-tax-refund

                              New York (PRWEB) April 07, 2015 U.S. consumer advocacy and customer complaints website, PissedConsumer.com assembled a list of common problems consumers face when trying to get their tax refunds or tax refund loans. Tips are offered to help minimize these kinds of stressful situations this tax season. “Now is the time of year when many people count on their tax ... Read More »

                                Get My FREE Get Out of Debt Guy Newsletter

                                It is the smart thing to do.

                                I promise to keep your email safe and secure.

                                Close

                                I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.

                                You can unsubscribe at any time with just one click.

                                After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.


                                • It will keep you posted on the latest scams.
                                • You will be alerted to the latest articles.
                                • You will wind up smarter than everyone else dealing with debt.