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Secret Shopper Money Order Scam

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Pennsylvania State police say a southwestern Pennsylvania man may have been duped into acting as a middle man for a bogus money order-cashing scheme. State police in Uniontown say a man in Connellsville Township was asked to become a “secret shopper” in an e-mail last month. Some retail firms use secret shoppers to find out what kind of customer service ... Read More »

    MN Attorney General “Debt Settlement Companies Really Put People Into a Financial Death Spiral”

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    I spotted an article “New Law Tightens Rules for Debt Firms” in which the Minnesota Attorney General, Lori Swanson, does not mince words about the problems she see with debt settlement companies. You can read the full article here. Consumers need to go into these transactions “with their eyes wide open,” said Elwood. Once they sign with a debt-settlement company, ... Read More »

      What to Do if You Don’t Like Your Bankruptcy Attorney?

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      What do you do if you don’t like your bankruptcy attorney? The US economy may have been beaten around a lot the last few years, but it’s still got one thing going for it: Freedom of choice. Whatever you but, whatever service you use, you have a choice. Coke® or Pepsi®.Toyota® or Ford®. The same applies to your bankruptcy attorney. ... Read More »

        Clever Pre-Paid Card Scam Hits Canada

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        It appears that some crooks are not stupid. In the latest frauds, investigators believe the suspects are snapping up prepaid “Vanilla” Mastercard or “Treat” VISA cards, widely available at gas stations and convenience stores, and sometimes using counterfeit credit cards to buy them. Criminals then alter the magnetic data encoding on the prepaid cards to that of a stolen credit ... Read More »

          Debt Settlement USA Review. Not Pretty.

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          My friend Damon Day recently did a contract review for a client of his who was tangled up with the debt settlement company, Debt Settlement USA. Damon’s review didn’t pull any punches and I thought his catch of the discrepancy in the fees charged and the time to complete the program was brilliant. When I use a real calculator and ... Read More »

            Just Reporting

            Just Reporting, originally uploaded by Steve Rhode. I’m not making the news here, just reporting it. This was one of those lucky moments that I just happened to drive across. This was sitting out on the steps of a building and I’m sure that there is something to the story, especially since the building was a mental hospital. Really! Read More »

              Double Standard For Debt Settlement. Not So Sleazy Now, Ask Hilary Clinton, John Glenn and the FEC.

              Debt Settlement Companies?

              Consumer debt is a world of double standards. On one hand you have advocates screaming about the evils of debt settlements or that groups that charge people for professional help to do debt settlements are ripping off consumers because settling debts is something that anyone can do. Don’t get me wrong, I’m not a huge fan of debt settlement plans ... Read More »

                Real Long-Term Mortgage Loan Modifications Are a Joke.

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                As I’ve been saying the mortgage loan modification process is broken. People are not getting the type of long-term real mortgage modifications they need to really avoid foreclosure. In the meantime while they sit and sit and sit, waiting for their mortgage company to respond, their financial life goes further and further down the toilet. The report, the first comprehensive ... Read More »

                  Maine Attorney General Sues Foreclosure Rescue and Mortgage Modification Companies

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                  The Maine Attorney General has filed three separate lawsuits in Kennebec County Superior Court against three out-of-state businesses and their principals. The defendants are: Elect Group, LLC, Anthony Ferlanti and Emmanuele Zuccarelli (Florida); Help Modify Now Debt Solutions, Inc., Help Modify Now, Inc. and Chas Bain (California and Nevada); and US Advocate Law Group, P.C. and Jeff Nemerofsky (California). These ... Read More »

                    Green Tree Servicing Debt Collector Sued For Killing Man From Stress and Intimidation

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                    Dianne McLeod recalls her husband, Stanley, getting so visibly upset when the debt collectors called that she had to take the phone away from him. She believes constant harassing phone calls and other tactics eventually killed him. “I think they were a major contributor to his death because of the stress and what I saw it doing to him,” she ... Read More »

                      The Payday Loan Industry, Their Own Freaking Worst Enemy

                      finance

                      It seems that Congress is looking to pass the Payday Reform Act. The bill’s sponsors say they want to make the payday loan industry, better than it is right now. Of primary concern to lawmakers are the fees charged by cash advance and payday loan companies. Yeah, but when you look at what a bank or credit card charges you ... Read More »

                        I Can’t Sleep. I’m So Stressed About My Debt.

                        Can't Sleep

                        I don’t know why but tonight after two hours of sleep, I was wide awake. My solution was to head up to the guest room and watch some television in hopes I would fall back to sleep. No such luck. As I laid there watching the overnight infomercials on the little television I could not help but remember those days ... Read More »

                          There’s Big Bucks in Bad Debts

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                          For decades, credit-card companies and other firms would eventually give up after attempting to collect from deadbeat customers. Now, companies are packaging and selling many of those overdue accounts for pennies on the dollar to debt collectors. The collectors then aggressively pursue the debtors to repay, or they turn around and resell those same debts to other collection firms. This ... Read More »

                            Bad Credit Debt Consolidation – Brutally Honest Advice

                            Bad Credit Debt Consolidation Loan Scam

                            I could not help but notice the huge numbers of people searching for information for bad credit debt consolidation information. The phrase is almost an invitation for a bad outcome or maybe just an oxymoron. When you have bad credit it is not an invitation for a debt consolidation loan from a debt consolidation firm. People that lend money are ... Read More »

                              Shakira Says Bankruptcy Changed Her Life for the Better

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                              The popular singer Shakira found insight from the bankruptcy her family lived through as a child and used that experience to motivate herself and to help thousands around the world that are suffering. Colombian singer Shakira, whose hit “Hips Don’t Lie” is the most played record in American radio history, became a musical sensation and a global philanthropist because of ... Read More »

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