Latest Posts
Home > Debt Articles (page 34)

Debt Articles

OneMain Financial Loan Offer Mailer

img_4256-private

Today I’m reviewing a loan offer mailer from OneMain Financial. This offer is for what appears to be a store front high interest rate lender. We shall see if that holds true as I go with this review. An amazing reader fitgal sent in a new debt relief mailer through my I Buy Junk Mail program. Top of First Page ... Read More »

    Morgan Drexen Rumble With CFPB – Update

    cfpb

    Previously covered the suit filed by the debt settlement company Morgan Drexen against the CFPB, here. Today I went to see what, if any, updates there were on the case. Here is the latest: “The Court held two on the record telephone conference calls with the parties on July 24, 2013 and July 25, 2013, during which Plaintiffs consented to ... Read More »

      RIP Nelson Gamble & Associates and Jackson Hunter Morris & Knight

      sad-woman

      So here is the predictable circle of life with some of the debt relief troubles I’ve written about. I write about a company. I get attacked that I don’t know what I’m talking about. The regulators take action. The company is toast. Sometimes the underlying people behind these efforts make a ton of money, stash some and settle with the ... Read More »

        More Bullshit Debt Collectors Busted By Gov

        ftc

        Man I get so sick of asshole debt collectors who give professional debt collectors a bad name. Here we go again with another crop of Southern California fakers scaring consumers to extract money. But you want to know the truth about why scammers operate like these jerks, because it scares money out of people. It works. I just wish there ... Read More »

          How Creditors Rate at Helping Consumers Settle Debt

          IMG_6198

          Michael Bovee, over on his Debt Relief and Credit Guides site has published a very good guide for people about how the major creditors are at providing settlements for problem debt. It’s a really good list and it ranks Chase, Bank of America, Wells Fargo, Discover Card, Citibank, Capital One, and American Express. For example, Bovee revels the best creditor ... Read More »

            Why Most Debt Settlement Companies and Credit Counselors are Bad Medicine

            the truth smaller

            A couple of years ago I wrote an article asking, pleading really, for any debt settlement company (DSC) to explain to me how they could ever possibly “do whatever is in the best interests of the consumer” when they are unable to give any legal advice in what are inherently legal matters. For example, as a matter of law they ... Read More »

              Lloyd Ward Loses Law License in Litigation. Only for Two Months.

              Screen Shot 2013-07-31 at 2.01.46 PM

              Writing anything about Lloyd Ward is a touchy subject. On one hand he was a prominent debt settlement attorney and on the other hand he sued my wife and I. In my personal situation the case was dismissed. In all, I really don’t hold a grudge or even “hate” the guy. As far as I’m concerned he’s just relevant news ... Read More »

                Russell Dalbey Dashed Doing Deceptive Dialing

                ftc

                It never ever ends. It seems consumers have always been and will always be the target to scams and bogus efforts to separate them from their money. The Federal Trade Commission has just announced that Russell and Catherine Dalbey – who allegedly defrauded consumers with promises of making big bucks by brokering seller-financed promissory notes – have settled with the ... Read More »

                  Real Housewife of New Jersey Star Posts Bail, Surrenders Passport, Oh My

                  wtf

                  Teresa Giudice, one of the stars from Real Housewives of New Jersy is back in the news again and in legal trouble. In 2009 Giudice and her husband “Joe” Giudice filed an unsuccessful bankruptcy. There were a lot of allegations of impropriety due to her bankruptcy filing and she never received the discharge of her debt. You can read the ... Read More »

                    American Debt Mediators Never Seems to Tire Sending Mailers

                    Screen Shot 2013-07-30 at 10.19.53 AM

                    Another version of a debt relief mailer from American Debt Mediators just hit my desk. This one was sent from postal permit 507 in Santa Ana, California and pushes the Spring 2013 catalog. An amazing reader sent in this new debt relief mailer through my I Buy Junk Mail program. The front says ADM, 15950 North Dallas Parkway, Suite 400, ... Read More »

                      Alleged World Law Debt Marketing Insider Leaks Warning to Consumers

                      Modern business concept

                      The following post was written and contributed by someone familiar with the operation you will read about below. It is third-party supplied content. At the bottom of the story is a section with the results of the facts I was able to independently check. By Anonymous On May 23, 2013 GetOutofDebt.org first reported a story titled “World Law Debt, Global ... Read More »

                        Debt Relief Bureau Logo But Not the Debt Relief Bureau in This Mailer

                        Screen Shot 2013-07-29 at 5.05.45 PM

                        When if the Debt Relief Bureau, not the Debt Relief Bureau? When you get a flyer in the mail from an anonymous source promising you help to get out of debt. An amazing reader Tish sent in a new debt relief mailer through my I Buy Junk Mail program. Well here is another anonymous mailer sent to a consumer that ... Read More »

                          More Nailed by FTC in Bogus Gift Card Text Scheme

                          ftc

                          Last year there was a sudden flurry of text messages being sent that directed consumers to visit special sites to claim gift cards. Here are some example of stories I wrote about this here and here. Today the Federal Trade Commission has announced it has moved to shut down an international network of scammers that sent millions of unwanted text ... Read More »

                            Misleading Extended Auto Warranty Mailers to Watch Out For

                            Screen Shot 2013-07-29 at 11.23.42 AM

                            I’ve had a sudden increase in extended auto warranty mailers hit my desk recently. I’m not sure if this means there is an increase in selling these often worthless policies to unsuspecting consumers or more people are sending them in. If you don’t know about my I Buy Junk Mail program, you need to. Florida License Number W076246 I have ... Read More »

                              Wells Fargo Halts Selling Bad Credit Card Debt For Now

                              IMG_6198

                              It looks like other banks are taking the government warnings to clean up their act when it comes to how they handle dealing with their bad debt from credit card accounts that they used to sell off without much care. The American Banker is reporting: “Wells Fargo (WFC) has halted sales of its customers’ unpaid consumer loans to outside debt ... Read More »

                                Get My FREE Get Out of Debt Guy Newsletter

                                It is the smart thing to do.

                                I promise to keep your email safe and secure.

                                Close

                                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.


                                • It will keep you posted on the latest scams.
                                • You will be alerted to the latest articles.
                                • You will wind up smarter than everyone else dealing with debt.