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The National Distressed Asset Relief Program Mailer. LOL. OMG.

darp

Just in, a mailer sent out to consumers for The National Distressed Asset Relief Program with it’s live not a reach check attachment. An amazing reader pplschmp send in a new debt relief mailer through my I Buy Junk Mail program. The Guts Sometimes these mailers make me laugh out loud. They are so ridiculous. But this one had me ... Read More »

    FTC Goes After More in Alleged Credit Card Interest Rate Reduction Scam

    robbery

    The Federal Trade Commission continued its crackdown on credit card rate reduction scams by adding eight new defendants to a case the agency brought last year, including a payment processor it alleges assisted in the fraud. The FTC filed an amended complaint against the defendants behind the firm Treasure Your Success (TYS), which allegedly made deceptive “cardholder services” robocalls, promising ... Read More »

      Fresh Start Legal Advocates. Who Are They? And Then It Gets Weird.

      Screen Shot 2013-06-21 at 10.24.20 AM

      An interaction yesterday with a Kevin Jackson from Thomassen Law Group (if that is even a real entity) sparked my interest in Fresh Start Legal Advocates. Kevin referred to the party identified on the post card sent to consumers as “Fresh Start” and appears to indicate they are an affiliate or lead generator for Thomassen Law Group (I’m still unable ... Read More »

        Debt Reduction Department Mailer Promises Underwriting and Approval

        img_0002

        I have a mailer in from of me that was sent from an entity who describes themselves with an extremely generic name, Debt Reduction Department. An amazing reader Kiwi101 send in a new debt relief mailer through my I Buy Junk Mail program. The mailer says the company is located at: Debt Reduction Department PO Box 4668 #66587 New York, ... Read More »

          American Debt Mediators Debt Relief Offer, Reviewed

          ADM

          A reader sent in a copy of a mailer they got from American Debt Mediators. They said ADM is allegedly charging the first three months in fees. If true it looks like American Debt Mediators is using an attempted catalog by mail loophole to avoid the Telemarketing Sales Rules. The letter appears to be an offer for debt settlement services ... Read More »

            Thomassen Law Group Generic Debt Relief Postcard Sent in For Review

            Screen Shot 2013-06-20 at 7.57.25 AM

            An amazing reader Tissa send in a new debt relief mailer through my I Buy Junk Mail program. The mailer from “Fresh Start Legal Advocates” was sent from postal permit 1297 in Sacramento, California. The same as another mailer I just covered, here. But I’m not sure if Thomassen Law Group is embarrassed to use their name on the postcard ... Read More »

              Disturbing Wise Debt Relief Mailer Signed by David Hall / Indemnification & Disbursement Division

              clientservices

              An amazing reader Kiwi101 send in a new debt relief mailer through my I Buy Junk Mail program. This one is VERY Interesting because is uses the logos of American Express, Discover, MasterCard, and Visa to sell what appears to be a debt settlement program. The mailer does not easily identify who the company is behind the mailer. While the ... Read More »

                Student Loan Assistance Report Out. Shows Danger of Such Programs.

                broken piggybank with dollar notes

                The National Consumer Law Center has just released their latest report. This one is all about student loan assistance programs. While I have been reporting about this new debt relief solution, the NCLC report goes into more detail. I was happy to see they referenced a number of the articles I’ve written in the footnotes. The report is titled “SEARCHING ... Read More »

                  Credit One Bank Platinum Visa Offer Review

                  Capital One Offer5

                  Thanks to an awesome reader, Almost Debt Free in Seattle, I have received the following credit offer to review as part of my I Buy Junk Mail program. This offer is from Credit One Bank for a Platinum Visa card to build a “solid credit history.” These type of major credit cards that report to the credit bureaus are a ... Read More »

                    Bank of America Employees Allegedly Rewarded for Foreclosing

                    Business Meeting

                    Paul Kiel ProPublica Bank of America employees regularly lied to homeowners seeking loan modifications, denied their applications for made-up reasons, and were rewarded for sending homeowners to foreclosure, according to sworn statements by former bank employees. The employee statements were filed late last week in federal court in Boston as part of a multi-state class action suit brought on behalf ... Read More »

                      The Growing Impossibility of Affordable Student Loans

                      college costs

                      Student loan debt is an impossible crisis that is the result of the divergence of society assumptions and affordability. The chart below clearly shows how the cost of both a public and private college education, while assumed to be the path to success, is becoming out of reach. The chart shows the inflation adjusted increases in costs and as you ... Read More »

                        I Buy Junk Mail. Sell Me Your Junk Mail.

                        You will help protect people when you sell me your junk mail.

                        I’m back in the market for advertising letters and mailers people receive promising some sort of debt or credit help. As a reward for helping me scout out the latest mailers so I can review them I’m reinstating my “I Buy Junk Mail” program I offered a few years ago. Why I Do This I’ve found the best way to ... Read More »

                          Student Loan Infographic. Yep, Student Loans Suck.

                          Screen Shot 2013-06-14 at 9.21.03 AM

                          Read More »

                            Payday Loan Reality: What It Is, What It Does, and Who Falls in the Trap

                            Concept of daily routine

                            The kind folks over at Pew Trust did a great series on payday loans to help make them more understandable. The videos help to explain the pros and cons of payday loans and why they can be helpful for some and incredibly expensive for most. The payday loan issue is another one of those situations where when used appropriately it ... Read More »

                              Sanctuary Belize, Andris Pukke, Todd Cook, Peter Baker & Ameridebt

                              Screen Shot 2013-06-13 at 4.16.46 PM

                              Please see updates on July 15, 2013 and July 23, 2013 to this article at bottom. Recently tips and information has been trickling in regarding an old debt relief industry name I had not heard for awhile, Andris Pukke. Pukke was nailed by the FTC for his operation of Ameridebt and even did some jail time for it. You can ... Read More »

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