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FTC Sues Another Debt Relief Company – The Green Savers

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The Federal Trade Commission will announce in the upcoming days a suit filed against a Florida company, The Green Savers and Elite Services, Advanced Data Solutions, Christopher Adams, Vikash Jawalapersad, and Pavac, Inc. It seems it has been a busy ten days for the FTC and it’s pursuit of deceptive debt relief schemes. For that I applaud them. Just yesterday ... Read More »

    Purchase Power Solutions and Others Sued by FTC

    I just stumbled across a suit filed by the Federal Trade Commission against a number of interrelated companies. Some of which we’ve written about before and some of which consumers have filed complaints about them with us. The FTC also went for a Temporary Restraining Order and seized the operations of ELH Consulting, Proactive Planning Solutions; Purchase Power Solutions, Allied ... Read More »

      Dumbest Debit Card Thief of the Day – India

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      This young identity thief certainly wasn’t the sharpest knife in the drawer. The Hindustan Times out of India is reporting that a nephew stole his uncle’s debit card information and purchased a Samsung Galaxy SIII on using his uncle’s card. The uncle got a text message his debit card had been hit and he then filed a police report ... Read More »

        Fee Only Chapter 13 Bankruptcy Upheld. Gives Consumers an Interesting Bankruptcy Tool.

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        Now here’s an interesting situation, a U.S. Court of Appeals upheld the bankruptcy filing of a woman who was just existing on social security benefits and food stamps. The woman originally filed a chapter 13 bankruptcy after trying and failing to negotiate a repayment plan she could afford with her creditors. The filer, Patricia Crager, put forward a chapter 13 ... Read More »

          An Examination of New CFPB Debt Collection Rules

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          The Consumer Financial Protection Bureau (CFPB) has released new rules that will give it the authority to supervise the activities and actions of the nations largest debt collection agencies. While supervision does not extend to all debt collection groups, the lessons learned will. The CFPB stated that the purpose of this action and regulations of the debt collection industry was ... Read More »

            The Myth: American’s Have Learned to Avoid Debt


            So much of what you hear about the recent economic trends of people learning grand lessons about avoiding debt, are just not true. While the level of unsecured consumer debt has decreased over these past four years, it’s not as if that was some grand American consumer awakening. No, that was the result of poor economic times and a lack ... Read More »

              Getting Your Credit Card Rejected at the Grocery Store, Sucks

              Woman paying for groceries

              I think all of us can remember an experience like this. “Anyone who has had a credit card declined in a public place like a store knows the news almost always sounds as if it is being delivered via megaphone by someone convinced to the very depth of her – or his – soul that you don’t pay your bills. ... Read More »

                Man Used Others Credit Cards for 20 Years to Stay in Hotels

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                Jeffrey Hawkins, 49, was busted by cops for trespassing at a Disney hotel and during the confrontation, Hawkins, who was now tired of running, blurted out the details on his two decade credit card fraud escapade. I guess he was tired of looking over his shoulder. “Hawkins then began to confess that he has been committing credit card fraud since ... Read More »

                  Nursing School Student Selling Giant Dollhouse to Pay Off Debt

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                  Interesting ad from a person who is dealing with pending nursing school debt by selling their ginormous dollhouse. Unfortunately there does not appear to be any way for people to contact the person to actually buy it. Dollhouse for sale! The giving season is near – do you know a special someone who would like a fabulous dollhouse of their ... Read More »

                    SMS Loans. Turning Your Mobile Phone Into a 800 Percent Interest Rate Debt.


                    If you thought payday loans might be a problem, abused, and be too readily available to those that can least afford it, then you need to learn about SMS loans or text message loans. A SMS is a text message sent from a cellular or mobile phone. In some parts of the world, consumers can enter into payday loans just ... Read More »

                      Financial Literacy Sought in Fiji to Prevent Hire Purchase Fleecing

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                      The Consumer Council in Fiji is launching a financial literacy effort to help educate consumers about hire purchase agreements. For those that might not know, a hire purchase (HP) agreement is used to to purchase goods using installment credit. In cases where a buyer cannot afford to pay the asked price for an item of property as a lump sum ... Read More »

                        New Zealand Credit Card Fraudster Targets Rich

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                        A craft New Zealand man found an efficient way to commit credit fraud, he allegedly targeted the neighborhoods of people well off and took credit cards out of the mail. Adam Matthew Brown has been charged with 300 counts of credit card fraud after allegedly taking credit cards from 12 people living in the upscale Remuera area outside Auckland. Apparently ... Read More »

                          UK Woman Kills Self to Avoid Dealing With Debt Problems and Hidden Credit Card Debt


                          From This is Staffordshire: A mother killed herself on the day she thought bailiffs were coming to repossess her home, an inquest heard. Tina Bennett, aged 40, was found by her son Anthony, and husband Michael, at the family home in Kidbrooke Place, Blurton, on May 11 this year. She had hanged herself using the cord from two dressing gowns, ... Read More »

                            Canadians In Trouble – “Half of Canadians are Living Paycheque to Paycheque”


                            For those living in the United States, while we’d like to think at time the world should revolve around us and we should be the center of everything, when it comes to mastering consumer debt, that’s not true. Consumer debt problems exist in every single nook and cranny of the earth. The early warning signs are appearing in Canada. Even ... Read More »

                              Fake Bankruptcy Attorney Caught in Maryland Running Scalia & Seidel

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                              Michael mancini of Baltimore, Maryland was caught recently impersonating a bankruptcy attorney. it is reported he represented more than 50 consumers in bankruptcy before getting caught in his sham. Mancini, a high school graduate, was ordered by U.S. Bankruptcy Court Judge David Rice to pay $261,000 in fines and damages and close up shop. According to the National Law Journal, ... Read More »

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