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Author Archives: Research Department

Majority of Older Americans Say Social Security Benefits Not Keeping Up


TSCL Chairman Edward Cates “The promise of Social Security to help retirees live more comfortably in retirement — is in danger,” says TSCL Chairman Ed Cates. Alexandria, VA (PRWEB) August 05, 2015 Social Security benefits are not keeping pace with rising household budgets, according to the majority of retirees participating in a new survey by The Senior Citizens League (TSCL). ... Read More »

    Safe Money Resource Discusses the Biggest Threat to Retirement in…


    Biggest Threat to Your Retirement a person who is hit with a windfall will struggle more with preserving their wealth Cherry Hill Nj (PRWEB) August 04, 2015 In a recently published blog post, Brent Meyer, the co-founder and President of Safe Money Resource has indicated that the “sequence-of-return risk” is the biggest threat that can influence a long-term retirement strategy. ... Read More »

      Operators of Bogus Credit Repair Scheme Settle FTC Charges


      Scammers Will Be Banned From Credit Repair Services Industry, Subject to a $2.4 Million Judgment The operators of a bogus credit repair scheme that allegedly tricked Spanish-speaking consumers into paying thousands of dollars each to supposedly improve their credit will be banned from offering credit repair services and subject to a monetary judgment under settlements with the Federal Trade Commission. ... Read More »

        Florida Homeowner Saved From Foreclosure and Gains Home Equity


        We base each strategy on our client’s goal. Miami, Florida (PRWEB) July 31, 2015 Graham Legal, P.A., celebrates a recent win defending a Miami foreclosure case that has been ongoing for over six years. This is a homeowner that faced financial difficulties during the height of the recession and was able to buy enough time, with the assistance of a ... Read More »

          FTC Returns Money to Consumers in Credit Card Interest Rate Scam

          Ready to Collapse

          The Federal Trade Commission is mailing 10,387 checks totaling more than $969,000 to consumers who lost money to a credit card interest rate reduction scam. The FTC sued Innovative Wealth Builders (IWB), a telemarketing operation that falsely promised consumers it could reduce their credit card interest rates and save them thousands of dollars on their debts. The FTC alleged that ... Read More »

            Poll Results Show Credit Cards Stay Home This Summer


            National Foundation for Credit Counseling (NFCC) While using cash or a debit card is a great way to avoid going into debt, there are some additional considerations that should be made before making them the only options for travel. Washington, DC (PRWEB) July 30, 2015 The June online poll conducted by the National Foundation for Credit Counseling® (NFCC®) reveals how ... Read More »

              MSI Credit Solutions Holds 2015 School Supply Drive

              3D Press Release Crossword

              Frisco, TX (PRWEB) July 27, 2015 MSI Credit Solutions is holding its annual school supply drive. The drive takes donations from MSI employees to purchase backpacks and other various school supplies. The purchased goods then go to help local families in need, and the remainder of the donations (if any) are sent to local Dallas-area charities and families. If previous ... Read More »

                CESI Homeownership Center Partners With eHome America

                3D Press Release Crossword

                Raleigh, NC (PRWEB) July 27, 2015 Consumer Education Services, Inc. Homeownership Center has partnered with eHome America, the nation’s premier online home ownership education program, offering access to quality, accessible information and education for first-time home buyers. “We are excited to be able to offer this dynamic educational tool to our residents in the Raleigh metropolitan area,” stated Sheryl Merritt, ... Read More »

                  Allstate Debt Consolidation Shares How Consumers Can Find the Right Program for Their Situation

                  3D Press Release Crossword

                  Hackensack, NJ (PRWEB) July 24, 2015 Anyone who is in debt has heard of debt consolidation programs. These programs offer to assist the debtor in becoming debt free by helping them to create and maintain a budget while paying off their debt. Basically, these programs work by allowing the debtor to consolidate all of their debt into one, easy to ... Read More »

                    Judges Revive Claim that AT&T Overcharged Schools for Internet Service


                    (Hannah Birch/ProPublica) For seven years, a Wisconsin telecom consultant has waged an unsuccessful legal fight against AT&T, alleging that the company long defrauded a federal program by overcharging the nation’s schools and libraries for Internet and telephone services. Now an appeals court in the District of Columbia has given new life to his case. The little-noticed June 23 ruling concluded ... Read More »

                      Leader of Coupon Counterfeiting Ring on Silk Road Websites Pleads Guilty


                      WASHINGTON—A leader of a coupon counterfeiting ring pleaded guilty today to participating in a conspiracy to sell counterfeit coupons using the “Silk Road” online marketplace, announced Assistant Attorney General Leslie R. Caldwell of the Justice Department’s Criminal Division and U.S. Attorney Kenneth A. Polite of the Eastern District of Louisiana. Beau Wattigney, 30, New Orleans, pleaded guilty before U.S. District ... Read More »

                        Former U.S. Marine Charged with Stealing Identities of Fellow Service Personnel in Scheme to Defraud Navy Federal Credit Union of More Than $138,000

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                        CHICAGO—A former United States Marine from Calumet City stole the identities of several fellow Marines and used their information to illegally procure more than $138,000 from Navy Federal Credit Union, according to an indictment returned this week in federal court in Chicago. While serving in Combat Logistics Regiment 3 at Camp Foster in Okinawa, Japan, LEONARD E. PARKER JR. obtained ... Read More »

                          Freedom Financial Network Posts Results for Second Quarter of 2015

                          3D Press Release Crossword

                          San Mateo, Calif. (PRWEB) July 22, 2015 Freedom Financial Network (FFN), the largest negotiator of consumer debt in the nation, reports results for the first quarter of 2015 that include negotiation of $279.8 million of debt for clients. The results represent an increase of 10.2 percent over the first quarter. During the second quarter, FFN negotiated settlements on 51,639 individual ... Read More »

                            Debt settlement company Morgan Drexen is no longer in business: What you should know

                            Morgan Drexen Integrated Systems (20120116)

                            Jul 20 2015 By CFPB Web Team Morgan Drexen has gone out of business. If you are a Morgan Drexen customer, you must take action on your debts. You can also request a refund of any money that is currently in your settlement account. In 2013, we sued debt settlement company Morgan Drexen for collecting illegal “upfront fees” for debt ... Read More »

                              Six Men Indicted on Charges of Identity Theft, Fraud, and Money Laundering

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                              ALEXANDRIA, VA—In an 18-count indictment unsealed today, six men were charged by a federal grand jury with aggravated identity theft, fraud, money laundering, and conspiracy. The men charged in the indictment are: Ray Ekobena, 27, of Alexandria; Stefan Ekobena, 24, and Gani Cole, 27, both of Atlanta, Georgia; Rodney Hardy, 25, of Hyattsville, Maryland; Deallto Davis, 20, and Jerome Robinson, ... Read More »

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