In China, Credit Card Debt Enslaves. Anyone Surprised?

It isn’t a big shock to find out that the credit craze and panic is exploding around the world. The credit craze and panic works like this: Stage One: Craze – apply and get approved for credit and go crazy racking up the balance. Stage Two: Panic – after you’ve expended your credit resources you … Read more

FTC Catches Bad Press For Doing Job Over Nestlé Milk

The Christian Science Monitor posted an article, “Does the FTC really protect consumers?” straight from Mises Economics Blog. The article claimed that the FTC was putting protecting consumers from fraud on the back burner and appeared to be more concerned with “expanding the federal government’s monopoly over food-and-drug-related speech”. This bold statement was made over … Read more

FTC Hopes to Eradicate Broken Debt Collection Litigation and Arbitration

A report released by the Federal Trade Commission Monday featured the FTC’s complaints about debt collection in our country today. The report featured the conclusion that “consumers are not adequately protected in either debt collection litigation or arbitration.” The FTC put forth recommendations to both the federal and state governments on how to make the … Read more

Victory and Disappointment for the Debt World Today: Total Debt Falls While Harassment Complaints Rise

CNN Money’s recent article, “Debt collectors get nasty” showed some real insight into the current debt collection process in this country. They touched on information reported by the Federal Trade Commission, FTC, about the number of complaints of debt collector harassment issues on the rise. Apparently these debt collectors haven’t heard of a little thing … Read more

Forgotten Regulations That You Can Use to Make Your Creditors Treat You Fairly

If you are concerned about the way credit card companies and other lenders do business, you will be pleased to discover a little known regulation enacted for your protection. Regulation Z, or the Truth in Lending Law, regulates certain credit card practices and helps you know the true cost of credit and achieve a fair … Read more

Stuck in a Contract: What to Do Before and After You Sign up for Clubs (Health/Timeshare/Camping/Travel)

Whether you’re planning an excursion to the Virgin Islands, negotiating a timeshare in Vermont or thinking about getting into shape by joining a health club, the contract you sign will determine the rules you have to follow throughout the entire term of your agreement. Reading carefully before you sign will help you to avoid problems … Read more

How to Make the Debt Collector Do What You Want

When you are in debt, sometimes you may feel that you are a “sitting duck” waiting for the debt collector to call. What you may not realize, however, is that there are laws which protect debtors from collection practices that you may find troublesome or harassing. The federal Fair Debt Collections Practices Act (hereafter referred … Read more

Consumer Protection Offices Across America: State, County, City, Attorney General

Please note: Our most current page of consumer protection contacts is now located at State and Local Consumer Protection and Consumer Affairs Listings Please click here to reach the current data. Alabama State Offices Alabama Office of Attorney General Consumer Affairs Section 501 Washington Ave. Montgomery, AL 36130 334-242-7335 Toll free: 1-800-392-5658 (AL) www.ago.state.al.us Alaska … Read more

Cash4Gold and Other Metal Melters Facing Regulation Under Guarantee of a Legitimate Deal Act

It’s long puzzled me how people would partake in those Cash4Gold commercials. You’ve seen them. Typically it’s were some desperate consumers puts their valuable gold into an envelope and sends it off, untraced, or underinsured to some company that melts down the items and sends the person back a check for whatever they feel like. … Read more