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Home > Author Archives: Steve Rhode (page 11)

Author Archives: Steve Rhode

Is United Credit Consultants Now CreditServices.com?

Businessman trying to solve a maze questions

A tipster (send in your tips here) contacted me and alleged that United Credit Consultants was now operating as Your Credit Team and CreditServices.com. So I went to check what I could find. For those that want to catchup on past stories about United Credit Consultants, click here. I recently wrote that on October 1, 2015, McGlynn Marketing, doing business ... Read More »

    Howard Law – Free Debt Report Commercial and Morgan Drexen Update

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    A reader wanted me to see the following commercial that is airing on television. I can see it aired at least five days ago on BET. The commercial goes to a website, freedebtreport.com that presents Vincent Howard as one of the nation’s top lawyers. – Source The tip about the commercial gave me a reason to go check the court ... Read More »

      RushCard Prepaid Card Funds Unavailable to Consumers

      Where does it hurt nurse question

      Today, Consumer Financial Protection Bureau (CFPB) Director Richard Cordray issued the following statement in response to the RushCard situation, a prepaid card owned by UniRush LLC, in which many consumers have indicated that they have been unable to access funds in their accounts for more than a week: “The CFPB is taking direct action to get to the bottom of ... Read More »

        Sprint Dropped Call on Fair Credit Reporting Act Says FTC

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        Mobile service provider Sprint will pay $2.95 million in civil penalties to settle Federal Trade Commission charges that the company failed to give proper notice to consumers who were placed in a program for customers with lower credit scores and charged an extra monthly fee. In its complaint, the FTC alleges that Sprint placed consumers with lower credit scores in ... Read More »

          United Credit Consultants Signs Consent Order With State

          McGlynn Marketing, doing business as United Credit Consultants and Debt Settlement Solutions is back in the news again. A reader alerted me to a recent enforcement action against the company so I hunted it down. My perplexation (just made that word up) started back in March, 2014 when I wrote “United Credit Consultants Says the Darndest Things.” If United Credit ... Read More »

            Helping America Group – Consumer Review – October 22, 2015

            Feedback

            Company Name: Helping America Group Describe the Service You Received: I used HAG. I have been with them since Dec. 2014. They sent letters to some of my creditors. My debts are either still pending, charged off, or turned over to collection. They had me sign paperwork for a loan in the amount of my debt. They were going to ... Read More »

              Will Mark Tetzlaff Be Our Student Loan Hero?

              Businessman trying to solve a maze questions

              Mark Tetzlaff is a law school student who might not have achieved his dream of being a licensed attorney but the guy surely deserves some props for championing the cause through the courts of being impossibly in debt with student loans and seeking a legal remedy. My last story on Tetzlaff, here, talked about how his request failed to have ... Read More »

                Bankruptcy Filers Target of Phone Scam

                Ouch comic speech bubble image with hi-res rendered artwork that could be used for any graphic design.

                Phone scammers are targeting bankruptcy filers in several states, using personal information from filings and posing as attorneys to get intended victims to immediately wire money to satisfy a debt. The National Association of Consumer Bankruptcy Attorneys issued a warning that “Under no circumstances would a bankruptcy attorney or staff member telephone a client and ask for a wire transfer ... Read More »

                  What You Assume But Don’t Really Know About Payday Loans

                  Market Research Business Percentage Research Marketing Strategy Concept

                  By Robert DeYoung, Ronald J. Mann, Donald P. Morgan, and MichaelR. Strain Except for the ten to twelve million people who use them every year, just about everybody hates payday loans. Their detractors include many law professors, consumer advocates, members of the clergy, journalists, policymakers, and even the President! But is all the enmity justified? We show that many elements ... Read More »

                    Another Debt Relief Mailer to Watch For

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                    An amazing reader, Jessica, sent in a new debt relief mailer through my I Buy Junk Mail program. These mailers promising all sorts of relief that try to appear as some sort of official notification are still going out to consumers. The mailers are problematic in my opinion because they state benefits without much information to fill people in about ... Read More »

                      Despicable Debt Relief Mailer Spoofs IRS

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                      A kind reader just sent in the following mailer which seems problematic on two fronts. The first is the use of the consumer credit reporting data to send the mailer. Others are being sued over such actions. See this article. The second big problem is the letter appears to want to spoof an official government letter to look like it ... Read More »

                        Hope for Home Gets Unwanted Attention in Connecticut

                        Many multicolor question marks above the head of young man or boy. Making decision thinking uncertainty learning concept. EPS 10 vector illustration no transparency

                        The State of Connecticut recently took action against Lamont Karriem and Hope for Home for allegedly operating as a debt adjuster or debt negotiator for residents. The State said: 1. Respondent is an individual, who at all times relevant hereto, was the sole proprietor of Hope for Home, which has an office located at 12523 Limonite Avenue, Suite 440-421, Mira ... Read More »

                          Morgan Drexen Take Over Attorneys Held in Contempt by Court

                          Where does it hurt nurse question

                          What began in 2013 as an issue between the Consumer Financial Protection Bureau (CFPB) and the debt settlement company Morgan Drexen has now turned into a widening action that has resulted in several attorneys being found to be in contempt of court and facing a $10,000 per day fine if they don’t return client money. Sooner rather than later. On ... Read More »

                            Reliant Account Management Fined by Connecticut and Gets Second Chance

                            Gateway Bank offer fine print penny

                            The State of Connecticut recently fined Reliant Account Management (RAM) for operating in the state without a money transmitter license. A consent order entered into by Gregory A. Winters agreed to pay a $5,000 civil penalty and to “cease and desist from engaging in the business of money transmission in the future in Connecticut without a license.” The company also ... Read More »

                              Orion Processing Says CFPB was Wrong to Seize Business

                              Businessman trying to solve a maze questions

                              Debt relief company Orion Processing has filed court documents alleging the Consumer Financial Protection bureau had no authority to seize their business and shutdown Orion and effectively, World Law. For the background on this story, click here. Orion Processing, Derin Scott, and David Klein say, “Sometime before August 20, 2015, Counter-Defendant decided to bring this action under seal in this ... Read More »

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