Latest Posts
Home > Debt Articles (page 200)

Debt Articles

Heidi Montag Warns Consumers About Using Credit Cards for Plastic Surgery. Funny!

Ready to Collapse

Here are a couple of videos to make you smile today, even though Heidi can’t. Bonus Funny Video Get Out of Debt Guy – Twitter, G+, Facebook Need More Help? Read More »

    Terry Goddard Highlights Changes in Credit Card Regulations

    (Phoenix, Ariz. – March 9, 2010) Attorney General Terry Goddard today advised consumers about recent changes in federal law that require credit card issuers to disclose more information to customers. These laws also affect how the credit cards are marketed, advertised and managed. Last year, Congress passed the Credit Card Accountability Responsibility and Disclosure (CARD) Act of 2009, which gives ... Read More »

      Debt Settlement Company Does Apparently Nothing After Taking Mom’s Money And Leaves Her Getting Sued

      Ready to Collapse

      This story is out of New Jersey and a great big thank you to Karin Price Mueller at the New Jersey The Star-ledger for reporting it. Here are some excerpts from the full story you can read here. Nearly $60,000 in debt and 12 delinquent credit cards later, Bozza decided to get help. In July 2008, she found Texas-based American ... Read More »

        Money Problems Lead to Poor Sleep

        Ready to Collapse

        The National Sleep Foundation conducted a survey recently among different ethnic groups to study a number of sleep related issues. Of particular interest to me were the survey results about money troubles and sleep problems. I remember from my debt problem days how I never could seem to sleep well. I was always worrying about my debt, creditors, collectors, and, ... Read More »

          SwiftRock Financial Services and Clear Your Debt Slammed in Texas Article

          Ready to Collapse

          Out of Austin, Texas today comes the following warning to consumers. Two Austin debt-settlement firms have been sued by the Illinois attorney general, which alleges that they use deceptive marketing practices, charge excessive fees and do little to help consumers get out of their financial trouble. The Better Business Bureau of Central Texas has given Clear Your Debt and SwiftRock ... Read More »

            What Do You Think About the MLM Product Move My Net Worth Offered by The Credit Exchange? – Paul

            The Credit Exchange MoveMyNetWorth.com Demo

            “Dear Steve, The Credit Exchange Corp is now selling a Multi Level Marketing product to clients and their employees. See www.movemynetworth.com. Would love your input on this product that is being sold along side of a DMP. $150 start up cost, $150 distributor fee, $50 a month locked in for 4 years to be a member!!! WAY too much money ... Read More »

              Beware of Offers to Help Settle Debt Says Wisconsin State Journal

              An excellent article by Chris Rickert out of Wisconsin exposed a very interesting bit of news from The Association of Settlement Companies (TASC) reveling how ineffective debt settlement is for most people. When I first wrote my article “The Truth About The Failure Rates and Completion Rates of Credit Counseling, Debt Settlement, and Bankruptcy“, TASC was officially saying that 45-50% ... Read More »

                Lawyers Falling for Fake Money Order and Certified Check Scam As Well

                Ready to Collapse

                Out of Texas is a story about three lawyers that were targeted with a bigger version of the fake certified check and money order scheme going around. Bottom line: if someone sends you a money order or certified check that is for more than the services you are supposed to be paid for it might be a scam. At the ... Read More »

                  True Story: Woman From North Pole Ties Same Scam While Out On Bail

                  Ready to Collapse

                  This story is out of Alaska. A North Pole woman who was arrested last year on suspicion of stealing televisions from Sam’s Club and hiring a cabbie as her getaway driver has been accused of doing the same thing at another store one week after posting bail in her first case. Lana L. Schneidewind, 27, has been charged with new ... Read More »

                    Scammers Use Dead Babies Identities to Ripoff Banks

                    Ready to Collapse

                    Here’s a scam I had not heard of before. This one is from Wales and the United Kingdom. A NIGERIAN gang which stole the identities of dead babies and then plundered bank accounts set up in their name was jailed yesterday. The gang of three, two men and a woman, stole 44 separate identities over 18 months to set up ... Read More »

                      Am I Safe Coming Back Into the U.S. With My Old Debt? – Sam

                      Ready to Collapse

                      “Dear Steve, I have 18500$ of (credit card + voluntary repossessed auto loan + medical loans) debt. I left the US last year due visa issues and family emergency and since then there’s no news from anyone about my debts except some emails. Even the emails have stopped now a days. I constantly monitor my credit report to find that ... Read More »

                        So Excited We Are Helping Kids. Thank you.

                        Students Buy It Right

                        I’m really excited we’ve been able to help fund financial education for children this year. When I say ‘we’ I mean it. As a result of ad revenue that is generated by people visiting GetOutOfDebt.org and clicking on ads and the support given by Cambridge Credit Counseling to support my work, we’ve generate additional funds to fund financial education projects. ... Read More »

                          TASC, The Association of Settlement Companies, Say What?

                          In a press release sent out today the Executive Director of TASC, The Association of Settlement Companies, is quoted as saying the following about attending an upcoming debt collections conference. “I’m looking forward to talking about how debt settlement continues to be a reliable option for consumers in debt as well as for creditors,” Leuthold said. “Having representatives from the ... Read More »

                            Debt Settlement Company Says “If We Don’t Do Our Job We Shouldn’t Get Paid.”

                            Wouldn’t it be great if all debt settlement companies could adopt the approach proclaimed by Julian Debt Resolution in a recent press release of theirs: A hallmark of their service is that, unlike most credit resolution companies, JDR takes no payment upfront for their debt settlement services. States Julian, “If we don’t do our job, we shouldn’t get paid. End ... Read More »

                              Debt Collector Credigy Receivables Has to Pay Woman $26,000.

                              This case comes out of North Carolina and fell against a collection company called Credigy Receivables. What makes this a story worth reading is the extent at which Credigy Receivables really screwed up on properly collecting on the debt of a woman named Blanche Whittington. It might take a few minutes to get through all of this but by 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.