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Author Archives: Research Department

Two Debt Settlement Individuals Plead Guilty to Conspiring to Defraud Consumers through Fraudulent Debt Relief Services Firms

mans hands behind bars in jail or prison

Two individuals pleaded guilty today for their roles at fraudulent debt relief services companies that offered to settle credit card debts but instead took victims’ payments as undisclosed up-front fees, the Justice Department and U.S. Postal Inspection Service (USPIS) announced. Athena Maldonado, 30, and Christopher Harati, 31, both of Orange County, California, pleaded guilty to a one-count information alleging conspiracy ... Read More »

    National Debt Relief Explains How To Get A Loan Without The Bank

    Crime Or Corruption Cartoon Illustration

    Miami, FL (PRWEB) June 02, 2015 National Debt Relief shares in a recent article published May 28, 2015 how consumers can take out a loan without the need to go through a bank. The article titled “The New Way To Get A Loan That Banks Don’t Want You To Know” shares how consumers who are in need of funds to ... Read More »

      Ashworth College Settles FTC Charges it Misled Students About Career Training, Credit Transfers


      Ashworth College has agreed to settle Federal Trade Commission charges it misrepresented to students that they would get the training and credentials needed to switch careers or get a new job, and that the course credits they earned would transfer to other schools. In reality, many programs offered by the for-profit institution did not meet state requirements for desired careers, ... Read More »

        Consumer advisory: Your benefits are protected from garnishment


        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


          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


                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


                      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


                          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


                            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


                              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 »

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