Latest Posts
Home > Debt Articles (page 110)

Debt Articles

Federal Stimulus Program Mailer. Yea, Avoid This One.

2010 Federal Stimulus Program

A reader just sent in a mailer they got recently. It looks like the mailers that were going out over a year ago and claiming special debt settlement benefits. This mailer claims to offer debt reduction benefits under the 2010 Federal Stimulus Program and then refers to it as the FSPL. Where the L came from, I don’t know. The ... Read More »

    Arizona Telemarking Scam Leaves 5,000 Out Of Over $6.3 Million

    Earlier this month word broke when a complaint was issued against four Arizona LLCs and 11 Arizonians that Arizona telemarketers had defrauded almost 5,000 people out of over $6.3 million. These criminals conducted a scam that used victims’ credit-card limits to determine how much to charge them in setting up their very own “web mall” business that they would receive ... Read More »

      USOBA Renounces Fingo Group. Warns Consumers.

      Ready to Collapse

      Recently I’ve written a couple of stories about the Fingo Group and in their contracts it says for consumers with issues to contact USOBA if they have any complaints or issues. Jenna Keehen from USOBA has just released a statement that makes it clear USOBA has no relationship with the Fingo Group. USOBA does not have any record of a ... Read More »

        Reader Reports Successful Refund From Reorganization Management Group

        Ready to Collapse

        I received an email from a reader that wanted to share information about a company I’ve written about before, Reorganization Management Group. Get Out of Debt Guy – Twitter, G+, Facebook Need More Help? Steve: I wanted to point out to you a recent settlement we did with RMG. We were able to get $7500 back from this company. They ... Read More »

          Considering Purchasing A Work-At-Home Program? The FTC’s Business Opportunity Rule Is Here To Help

          The Federal Trade Commission (FTC)’s Business Opportunity Rule has been approved for changes that will ensure consumers have information needed when considering buying a “work-at-home” program or other similar business opportunities. Now simplified are the disclosures that business opportunity sellers must provide to prospective buyers. The disclosures will help consumers considering a purchase of such a program to asses the ... Read More »

            Reporter Helps to Bring Down Steven J. Baum Foreclosure Mill

            Steven Baum Party

            Well it’s over. It appears the law firm of Steven J. Baum, P.C. in New York is laying off 89 employees and closing up shop. I doubt you’d recognize the name of the lawyer or the firm but I bet you’ve recognize some of the pictures that were recently published from the office Halloween party in 2010. This pictures sent ... Read More »

              OCC Alert: Unauthorized Banking: Mexican Financial Entities

              Ready to Collapse

              The Office of the Comptroller of the Currency (OCC) has been informed that the below-mentioned entities have represented themselves as banks and offered banking products and services to the general public. The National Banking and Securities Commission (CNBV) of Mexico states that the below listed entities are not part of the Mexican financial system, are not supervised by the CNBV, ... Read More »

                Veracity Credit Consultants Reaches Settlement With Colorado Attorney General

                Ready to Collapse

                Colorado Attorney General John Suthers announced recently he has reached a settlement with a Veracity Credit Consultants LLC, a Denver-based company, that bars the company from charging upfront fees in exchange for credit-repair services as well as misleading consumers about their abilities to cleanse consumers’ credit reports. Under the terms of the agreement, Veracity Credit Consultants must pay the state ... Read More »

                  Debt Restructure Group – Consumer Complaint – 11/20/2011

                  Screen Shot 2011-11-21 at 10.24.06 AM

                  Date This Problem Happened: July 11, 2011 State You Live in: Washington Race/Ethnicity: White Age Range: 36-50 Total Amount of Fee Paid: $1,552.68 Company Name: Debt Restructure Group Company Address: 20 Turman Street Suite 109 Irvine, California 92620 Company Telephone Number: 877-807-0312 Website of Company: Consumer Statement: I worked with DRG for 4 months (July – October 2011). During ... Read More »

                    CFPB to Take a Look at Private Student Loans

                    The Consumer Financial Protection Bureau has announced they are taking a look at issues surrounding private student loans. The CFPB is asking for feedback on “private education loans and related consumer financial products and services that are currently being offered to or used by students and their families for the financing of postsecondary education.” You may send your comments to ... Read More »

                      How to Easily Rebuild and Repair Your Credit After Bankruptcy, Foreclosure, or Repossession


                      Most credit repair scams and schemes and just a worthless waste of money and don’t help you to legally rebuild your credit. Here is a simple process I have advised people to use for years that does the trick for rebuilding and restoring your credit from any credit disaster. This isn’t some crafty or quasi-legal technique. This is just using ... Read More »

                        I Studied at South Bank University in London And Got a Credit Card. – Nor

                        “Dear Jon, 1996 study in South Bank University ,London and have one credit card from one of UK bank. 1998 back to Malaysia after graduate and further study in Malaysia. 2000 moved to Brunei until now and working with Brunei’s government. When I study in UK I have one credit card. I pay some and when I graduate I can’t ... Read More »

                          I Was Previously Married to Someone Who Fraudulently Used My Credit. – Melissa

                          “Dear Jon, I was previously married to someone who was using my credit fraudlently and there is about 10,000 worth of debt to my name with no proof of what he has done. I am now married to a citizen of the UK with about 4,000 in debt in England and due to the immigration process and the expense he ... Read More »

                            Do NOT Use “Loan Compliance Advisory Group” in Wilmington DE


                            Date This Problem Happened: July 15, 2011 State You Live in: Pennsylvania Race/Ethnicity: White Age Range: 36-50 Total Amount of Fee Paid: $1,200 Company Name: Loan Compliance Advisory Group Company Address: 2207 Concord Pike Wilmington, DE 19803 Company Telephone Number: 888-883-5224 Website of Company: Consumer Statement: I hired Loan Compliance Advisory Group in Wilmington DE, because we need to ... Read More »

                              Direct Funding Service – Consumer Complaint – 11/19/2011

                              Ready to Collapse

                              Date This Problem Happened: November 18, 2011 State You Live in: Arizona Race/Ethnicity: White Age Range: 36-50 Total Amount of Fee Paid: Company Name: Direct Funding Service Company Address: Company Telephone Number: 888-467-4349 Website of Company: Consumer Statement: This company took $30 from my checking account. I don’t even know this company. Consumer Action Taken: They will not answer the ... Read More »

                                Get My FREE Get Out of Debt Guy Newsletter

                                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.

                                I promise to keep your email safe and secure.