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Text Spammers Banned by FTC


A group of affiliate marketers has agreed to settle Federal Trade Commission charges that they blasted consumers with more than 30 million deceptive spam text messages and directed recipients of the spam text messages to deceptive websites. Cresta Pillsbury, Jan-Paul Diaz, Joshua Brewer and Daniel Stanitski, and their company Ecommerce Merchants, LLC, which did business as Superior Affiliate Management, were ... Read More »

    Business Recovery Services Banned by Scam


    An operation that allegedly bilked consumers by falsely claiming it could help them recover money they lost in previous scams will be banned from selling recovery services under a default judgment against Business Recovery Services LLC and a consent judgment against its owner, Brian Hessler. The judgments permanently ban the defendants from selling any services that are represented to recover ... Read More »

      CRL Comes Out With Debt Settlement Warning. Is it Fair?

      Big Scam Dog

      The Center for Responsible Lending just released a paper on debt settlement. Take a look at the information they published and add your comment below if you think their research is on the mark or way off base. It appears CRL relied upon data published by the American Fair Credit Council in making their determinations on effectiveness. CRL even thanks ... Read More »

        Debt Collection Complaints Latest Data

        angry caller narrow

        A big hat tip to the folks at Collections & Credit Risk for posting a breakdown of the CFPB October data on debt collection complaints. According to the October data the debt collection complaints fell out like this: 485 (40.9%) continued attempts to collect debt not owed 244 (20.6%) communication tactics 233 (19.6%) disclosure verification of debt 82 (6.9%) false ... Read More »

          FTC Cracks Down on Yellow Page Scam

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          At the Federal Trade Commission’s request, a federal judge has temporarily halted, and frozen the assets of, a Montreal operation that bilked more than $14 million from small businesses and churches in the United States for unwanted listings in online business directories. The FTC seeks to permanently stop the illegal practices and make the defendants return victims’ money – the ... Read More »

            FTC Settles Payment Processing Issues for Google Money Tree Scam

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            The Federal Trade Commission is continuing its crackdown on payment processing operations that enable scam artists to charge consumer accounts despite signs of ongoing fraud and unauthorized transactions. Today, the Commission announced a proposed settlement resolving allegations that a payment processor, Process America Inc., and its owners, Kim Ricketts, Keith Phillips and Craig Rickard, used unfair tactics to open and ... Read More »

              Americorp Does Not Show Up for Trial. Allegro Law Litigation and Bankruptcy Nearing Completion, Maybe.


              It seems like a lifetime ago that I first wrote about the Allegro Law debacle. After Hess Kennedy, Allegro was the next big debt settlement firm to implode. We first wrote about Allegro Law in 2009 and since that time, Allegro Law went out of business, consumers lost money, Keith Nelms lost his law license and went bankrupt, and nobody ... Read More »

                USAvsDEBT, USDC Student Loan Services and Student Loan Consolidation Center Signup


                The Association for Student Loan Relief has shared new member flocking to the association focused on selling student loan relief services to consumers. Current members include AP Student Loan Relief, Action Financial,, Student Loan Consolidation Center, American Student Loan Consolidators, US Student Loan Services, USAvsDebt, USDC Student Loan Services, Frontline Debt Services. – Source As always, for consumers who ... Read More »

                  Credit Care Pluz a Bogus Preacher Credit Repair Scam

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                  If you are surprised by what I’m about to share with you, you should not be. The allegation is a minister who was previous charged with identity theft and drug charges has been running an Illinois credit repair business that has left some unhappy consumers without refunds. “Moshamba Cannon was a preacher with a message, a family, and a surprisingly ... Read More »

                    CFPB Pulls Back Curtain on Debt Collection and New Rules

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                    The Consumer Financial Protection Bureau (CFPB) has put out a new document with an extensive amount of information that paints the debt collection industry in a new light. One fact I found exceedingly interesting is the percentages of debts the debt collection industry handles, “medical and other health-related debts (36%), credit card debts (20%), telecom debts (13%), and student loan ... Read More »

                      Misleading Student Loan Mailer to Watch Out For From Student Loan Servicing Center

                      Student Loan Servicing Center Mailer

                      A consumer just submitted a complaint about Student Loan Servicing Center and included a mailer they received. I wanted to review the mailer for you and show you all the items that raised my concern. It’s worth discussing these items so you can be more aware of what marketing messages you may receive so you can evaluate them. If you ... Read More »

                        Disturbing Student Loan Client Services Mailer to Watch Out For


                        A reader has just sent in a mailer they received from an entity called Student Loan Client Services. Talk about a generic name. The mailer, which appears to pretend to be an official government mailer, and was sent from postal permit 1297 in Sacramento, California. The reader sent in the new debt relief mailer through my I Buy Junk Mail ... Read More »

                          Tell Me About US Student Loan Services


                          A new debt relief company selling student loan debt help has come across my desk. I’d love to hear from you if you’ve used their service or have been through the sales presentation. The company is US Student Loan Services and is on the web at When new companies like this appear I’m really interested in your feedback on ... Read More »

                            Why Debt Relief Help is Broken in America

                            terrifying man

                            Being in debt is a terrible situation. You are at your lowest moment in life or darn near close to it. On top of that you may be experiencing the common side effects problem debt brings like depression, hopelessness, feelings of failure, or marital strife. The one point most can agree on is being in debt is not a happy ... Read More »

                              Loan Modification Debt Company Owner Sentenced to Prison

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                              Ian Kideys, 40, of La Jolla, California was sentenced to five years in club fed for his role in K2 Capital Management, U.S. Mortgage Bailout, and iLoanAudit. Shocker, a loan modification company owner found guilty of fraud. According to prosecutors, “US Mortgage Bailout obtained some mortgage relief for its customers through fraudulent representations to lenders, but otherwise simply collected money ... Read More »

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