Home > Debt Articles (page 201)

Debt Articles

Four Silly Debt Settlement Claims You Can Freely Ignore

Ready to Collapse

This comes from an article at bankrate.com titled “4 bogus debt settlement claims to ignore” but I like my title better. LOL. If you’d like to read the full article, click here. But here are the four claims they expound on in the article. ‘Satisfy your debt for cents on the dollar.’ ‘We guarantee you’ll be debt-free in three months.’ ... Read More »

    The Five Greatest Credit Card Lessons Ever Learned

    Ready to Collapse

    As a consumer debt expert that helps people find their way out of debt I think over the years I’ve seen tens of thousands of unique ways to wind up in trouble with credit cards. And as a confession I have to tell you that the reason I became so interested in helping people with debt is because I found ... Read More »

      Owner of Motorcycle Shop in Pennsylvania Found Guilty in Selling 9-11 Bogus Raffle Tickets

      Ready to Collapse

      Investigators said in 2001 Corradini ran a bogus raffle out of North East Iron Horse, his motorcycle shop along Main Street in Bloomsburg. The prize was a brand new motorcycle. The proceeds were supposed to go to New York City firefighters who responded to the terrorist attacks on September 11.   Read More »

        Foreclosure Rescue Scam Company “Home Savers Consulting Corp” Owner Pleads Guilty

        A Brooklyn man admitted in federal court Tuesday that he and a partner made about $1 million by scamming Bergenfield, Paterson and Elizabeth homeowners in a foreclosure scheme. Garth Celestine, 44, pleaded guilty to conspiracy to commit wire fraud for his role as the co-owner of Home Savers Consulting Corp., a now-defunct company based in Brooklyn and Long Island, the ... Read More »

          Timeshare Selling and Listing Scam.

          Ready to Collapse

          TImeshares are an anchor around your neck. They are hard to unload and cost you a pretty penny as you sit and hold them. Get Out of Debt Guy – Twitter, G+, Facebook Need More Help? Read More »

            The U.S. Income Gap. Yikes!

            U.S. Income Gap

            Here is a great graphic from the folks over at Mint showing the growing income gap in America today. Get Out of Debt Guy – Twitter, G+, Facebook Need More Help? Read More »

              Want to Know Who Is Buying Loads of Shoes?

              anatomy-of-a-shoe-buyer

              Here is a very interesting infographic from the folks over at Permuto. I’d have to say I do own over ten pairs of shoes but that’s not because I shop for shoes a lot, I just never throw them out. Just last weekend I was out in the backyard working in a pair of sneakers that must be at least ... Read More »

                Bad Credit Car Loan Marketing Company, Direct Marketing Associates, Settles Charges With FTC

                Ready to Collapse

                A marketing company that solicits prospective customers for automobile dealers has agreed to settle Federal Trade Commission charges that it falsely told low-income and “credit-challenged” consumers that they were pre-approved for auto loans and improperly obtained their names from a consumer reporting agency. According to the FTC, the company prepared sales solicitations for automobile dealers telling consumers that a specific ... Read More »

                  Phony Tax Relief Scams Need to Be Avoided

                  Ready to Collapse

                  As tax day approaches, California Attorney General Edmund G. Brown Jr. today urged Californians to avoid “phony tax-relief companies” that charge taxpayers up to $3,000 in up-front fees to reduce or eliminate back taxes owed to the Internal Revenue Service (IRS), but provide no actual relief. “Every tax season, phony tax-relief companies emerge to exploit cash-strapped Californians who owe back ... Read More »

                    3.3 Million Student Loan Borrowers May Now Be At Risk of Identity Theft

                    Ready to Collapse

                    This massive student loan identity theft attack was reported by the Wall Street Journal. Get Out of Debt Guy – Twitter, G+, Facebook Need More Help? Company and federal officials said they believed last week’s theft of identity data on 3.3 million people with student loans was the largest-ever breach of such information and could affect as many as 5% ... Read More »

                      Casting Director is Looking For Spending & Shopping Addicts for New Television Series

                      Ready to Collapse

                      I got the following email below and I’m sharing it with you in case you know some that might be interested. Get Out of Debt Guy – Twitter, G+, Facebook Need More Help? Hi there! My name is Lisa Ganz and I am a casting director in NY. We are presently casting a groundbreaking new documentary series looking for Men ... Read More »

                        Beware of Debt Settlement Scams Says CBS News

                        Ready to Collapse

                        A report on the CBS “Early Show” had some very strong warning about debt settlement companies. Minnesota Attorney General Lisa Madigan said, “You would be more likely to settle your debt by buying a lottery ticket than by signing up with a debt settlement company.” You can watch the report from CBS below. Read More »

                          Debt-Settlement Fraud Rising with Lack of Regulation Says Washington Post

                          Ready to Collapse

                          Baltimore resident Gloria Snowden thought she had found a way out from under her $10,000 credit card bill when she signed up with a company that promised to negotiate with creditors to settle the debt for less than she owed. It was 2003 and the nascent debt-settlement industry was just taking off. Traditional credit counseling and consolidation organizations devise payment ... Read More »

                            Crazy James the Debt Buster Hunting for Scumbags

                            Ready to Collapse

                            More debt videos from people that should never have published them. [flashvideo file=/wp-content/uploads/crazyjames.flv /] This video scared me at first. Boo! But you’ve got to watch the whole thing it’s way too funny. Bonus Odd Movie Prevent yourself from spending. Tape your credit card to the bottom of the toilet with “Mexican solder.” Odd. Very odd. Get Out of Debt ... Read More »

                              Up-Front Fee Debt Negotiation Program, Credit First Financial Solutions – BANNED BY FTC

                              Ready to Collapse

                              The telemarketing business will be permanently off limits to a deceptive pitchman whom the Federal Trade Commission sued last year for allegedly tricking consumers into paying hundreds of dollars for a credit card that could only be used to buy merchandise from his companies’ Web sites. Under a settlement order with the FTC, pitchman James Nicholson and a group of ... 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.