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Mass Joinder Player Phillip Kramer Resurfaces in Different Scheme Alleges CT & FL

a_kick_in_the_nuts

In a bit of a shocker a couple of names who were hot and heavy in the front-end of the mass joinder schemes have resurfaced again according to the State of Connecticut and the Attorney General of Florida. On August 22, 2014 both parties filed an amended complaint against a whole chadre of individuals and companies. They included Berger Law ... Read More »

    Student Debt Doctor Decides Use of Department of Education Logo is OK

    oops

    UPDATE 8-27-2014: Hat tip to Gary White from Student Debt Doctor for pulling the Department of Education logo from the site following the article below. Gary said, “I had no idea that was the Department of Educations logo and have taken it the logo down. I had a friend do the site for me, I asked that he put a ... Read More »

      Hell Just Froze Over. Global Client Solutions Tagged by CFPB.

      cfpb

      The Consumer Financial Protection Bureau has just announced an action they took against the bulwark debt relief escrow company, Global Client Solutions, who was collecting fees from consumers. Today, the Consumer Financial Protection Bureau (CFPB) announced an enforcement action against Global Client Solutions, a leading debt-settlement payment processor, for allegedly helping other companies to collect tens of millions of dollars ... Read More »

        Did This Student Loan Relief Company Just Put Out the Worst Ad Ever?

        Actual event photo. Notice a different website is actually in the banner.

        A reader and tipster sent in the image below of an advertisement they saw on Facebook. They said, “Check out the attached Facebook ad – they are implying that their website, studentdebtsupport.org, which redirects to Streamline Student Loan, is a part of the College Affordability Act. They also claim in the same ad that “EVERYONE” qualifies for forgiveness, and to ... Read More »

          FTC Asks Court To Shut Down Phony Debt Relief and Credit Repair Scheme

          scam

          The Federal Trade Commission asked a federal court to shut down a scam that targeted financially distressed Americans by pitching a phony debt relief and credit repair program, and by falsely claiming the program was provided and funded by the federal government and endorsed by President Obama. The FTC’s complaint targets the operators of two websites that were allegedly full ... Read More »

            Debt Got You Down? Read This and Get Back Up.

            Better Days, Just Ahead Green Road Sign with Copy Room Over The

            Dealing with debt worries and stress can make you feel like your life is dark, hopeless and not worth facing another day. And while you feel that way, it’s not reality. I wish I had a magic wand to make you see the way forward but for some reason people feel compelled to make all sorts of the same mistakes ... Read More »

              Is The Steadman Group Really Ed Cherry?

              puzzled looking little boy looking to the left

              Earlier this month I received an email asking if a new website for The Steadman Group was really related to Ed Cherry. For readers who may not recognize the name, Edward Cherry has been a name floated around for some time in the debt relief world. You can click here for some past articles. I think the reader question came ... Read More »

                Identity Theft in a Digital Age: Deter – Detect – Defend.

                ID Theft or Stolen Identity

                Written by Daniel Boylan, instructor of finance at Ball State University Student debt is rising. It is rising at an alarming rate. According to NerdWallet, a typical student will leave college with about $33,000 in debt. Credit card is rising. It is rising at an alarming rate. According to JumpStart, a typical student will leave college with about $5,000. Add ... Read More »

                  Destination Debt Solutions Denies Troubles

                  hiding

                  Recently I received a statement from a tipster (send in your tips here) who appeared to be concerned about a company called Destination Debt Solutions in Florida. The person wrote, “Destination Debt Solutions out of central Florida in dire financial straits. In process of laying off entire staff and considering filing BK. Not paying vendor marketing bills and other company ... Read More »

                    USA Discounters Agrees to Refund $5 Charge Collected in What Feds Called A “Fee Scam”

                    man terrifying woman

                    by Paul Kiel ProPublica, Aug. 15, 2014, 9 a.m. USA Discounters, a retail company that caters to service members, has agreed to refund $350,000 collected as part of what federal regulators termed a “fee scam.” The company also agreed to pay a $50,000 penalty to settle an inquiry by the Consumer Financial Protection Bureau over a $5 fee charged to ... Read More »

                      Federal Student Loan Notice Mailer Review

                      Click image for larger view.

                      An amazing reader Alicia sent in a new debt relief mailer through my I Buy Junk Mail program. Alicia received a mailer from good old postal permit 1297 in Sacramento, California which promises some amazing student loan benefits including total loan forgiveness. The outsides of the mailer does not say who the sender actually is and my opinion is it ... Read More »

                        United Debt Services Sends Official Notice Mailer That Makes Odd Sounding Statement

                        UDS Mailer Inside

                        An amazing reader Karen sent in a new debt relief mailer through my I Buy Junk Mail program. Karen lives in Alabama where she received this mailer for debt help from United Debt Services. The outside of the mailer says Official Notice and does not give the name of the company on the outside. It seems I’ve written about United ... Read More »

                          CFPB Bitch Slaps Bait-and-Switch Mortgage Scheme

                          cfpb

                          Today, the Consumer Financial Protection Bureau (CFPB) took action against Amerisave Mortgage Corporation, its affiliate, Novo Appraisal Management Company, and the owner of both companies, Patrick Markert, for engaging in a deceptive bait-and-switch mortgage-lending scheme that harmed tens of thousands of consumers. The Bureau found that Amerisave lured consumers by advertising misleading interest rates, locked them in with costly up-front ... Read More »

                            EZPass Email – Scam Alert

                            E-ZPass Scam Email

                            The following information appears as a scam warning for consumers to avoid. A reader sent in the following email and wanted people to watch out for it. The email pretends to be from E-ZPass but is actually sent from an email address in Russia, automania-group.ru. If you get an email like this, delete it, do not click on the link. ... Read More »

                              BS CBAP Consumer Balance Assistance Program Mailer

                              CBAP Inside

                              An amazing reader Michael sent in a new debt relief mailer through my I Buy Junk Mail program. This mailer comes from something called the Consumer Balance Assistance Program (CBAP). The self mailer looks like an official document on the outside. At least it looks that way to me. The inside of the mailer has a fake check attached. While ... Read More »

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