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HLDS – High Level Debt Solutions Mailer – Review

High Level Debt Solutions Mailer

An amazing reader sent in a new debt relief mailer through my I Buy Junk Mail program. Here is a look at that mailer and my observations. The first thing that caught my eye is the mailer does not appear to identify the company as High Level Debt Solutions. But a search of the street address leads to a website ... Read More »

    School Accreditation Group in Tussle With CFPB

    sworn testimony

    The Consumer Financial Protection Bureau (CFPB) recently escalated a quiet action wit the Accrediting Council for Independent Colleges and Schools (ACICS). The issue raises some interesting questions about what role a school accreditation agency might play in the problem of easy access to student loan debt. Here is what public records say, “On August 25, 2015, the Consumer Financial Protection ... Read More »

      Nationwide Student Financial Aid Scam is Punched in Face

      tax_scams

      Today, the Consumer Financial Protection Bureau (CFPB) announced it is taking action to halt a nationwide student financial aid scam that allegedly ripped off tens of thousands of students and families across the country by illegally charging millions of dollars in fees for sham financial services. The Bureau filed a complaint in federal court against the company, which operates under ... Read More »

        Reader says “Huh” About My Enrollment Center

        Many multicolor question marks above the head of young man or boy. Making decision thinking uncertainty learning concept. EPS 10 vector illustration no transparency

        A reader sent me an email and brought up a good question I don’t know the answer to. They wanted to know how a debt relief company called My Enrollment Center in Wyoming could say to people, “Professional debt consolidation companies like My Enrollment Center can really help you get your debt back under control,” and “At My Enrollment Center, ... Read More »

          Is United Credit Consultants Now CreditServices.com?

          Businessman trying to solve a maze questions

          A tipster (send in your tips here) contacted me and alleged that United Credit Consultants was now operating as Your Credit Team and CreditServices.com. So I went to check what I could find. For those that want to catchup on past stories about United Credit Consultants, click here. I recently wrote that on October 1, 2015, McGlynn Marketing, doing business ... Read More »

            Howard Law – Free Debt Report Commercial and Morgan Drexen Update

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            A reader wanted me to see the following commercial that is airing on television. I can see it aired at least five days ago on BET. The commercial goes to a website, freedebtreport.com that presents Vincent Howard as one of the nation’s top lawyers. – Source The tip about the commercial gave me a reason to go check the court ... Read More »

              RushCard Prepaid Card Funds Unavailable to Consumers

              Where does it hurt nurse question

              Today, Consumer Financial Protection Bureau (CFPB) Director Richard Cordray issued the following statement in response to the RushCard situation, a prepaid card owned by UniRush LLC, in which many consumers have indicated that they have been unable to access funds in their accounts for more than a week: “The CFPB is taking direct action to get to the bottom of ... Read More »

                Sprint Dropped Call on Fair Credit Reporting Act Says FTC

                smartphone

                Mobile service provider Sprint will pay $2.95 million in civil penalties to settle Federal Trade Commission charges that the company failed to give proper notice to consumers who were placed in a program for customers with lower credit scores and charged an extra monthly fee. In its complaint, the FTC alleges that Sprint placed consumers with lower credit scores in ... Read More »

                  United Credit Consultants Signs Consent Order With State

                  McGlynn Marketing, doing business as United Credit Consultants and Debt Settlement Solutions is back in the news again. A reader alerted me to a recent enforcement action against the company so I hunted it down. My perplexation (just made that word up) started back in March, 2014 when I wrote “United Credit Consultants Says the Darndest Things.” If United Credit ... Read More »

                    Will Mark Tetzlaff Be Our Student Loan Hero?

                    Businessman trying to solve a maze questions

                    Mark Tetzlaff is a law school student who might not have achieved his dream of being a licensed attorney but the guy surely deserves some props for championing the cause through the courts of being impossibly in debt with student loans and seeking a legal remedy. My last story on Tetzlaff, here, talked about how his request failed to have ... Read More »

                      Bankruptcy Filers Target of Phone Scam

                      Ouch comic speech bubble image with hi-res rendered artwork that could be used for any graphic design.

                      Phone scammers are targeting bankruptcy filers in several states, using personal information from filings and posing as attorneys to get intended victims to immediately wire money to satisfy a debt. The National Association of Consumer Bankruptcy Attorneys issued a warning that “Under no circumstances would a bankruptcy attorney or staff member telephone a client and ask for a wire transfer ... Read More »

                        What You Assume But Don’t Really Know About Payday Loans

                        Market Research Business Percentage Research Marketing Strategy Concept

                        By Robert DeYoung, Ronald J. Mann, Donald P. Morgan, and MichaelR. Strain Except for the ten to twelve million people who use them every year, just about everybody hates payday loans. Their detractors include many law professors, consumer advocates, members of the clergy, journalists, policymakers, and even the President! But is all the enmity justified? We show that many elements ... Read More »

                          Another Debt Relief Mailer to Watch For

                          scam copy

                          An amazing reader, Jessica, sent in a new debt relief mailer through my I Buy Junk Mail program. These mailers promising all sorts of relief that try to appear as some sort of official notification are still going out to consumers. The mailers are problematic in my opinion because they state benefits without much information to fill people in about ... Read More »

                            Despicable Debt Relief Mailer Spoofs IRS

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                            A kind reader just sent in the following mailer which seems problematic on two fronts. The first is the use of the consumer credit reporting data to send the mailer. Others are being sued over such actions. See this article. The second big problem is the letter appears to want to spoof an official government letter to look like it ... Read More »

                              Morgan Drexen Take Over Attorneys Held in Contempt by Court

                              Where does it hurt nurse question

                              What began in 2013 as an issue between the Consumer Financial Protection Bureau (CFPB) and the debt settlement company Morgan Drexen has now turned into a widening action that has resulted in several attorneys being found to be in contempt of court and facing a $10,000 per day fine if they don’t return client money. Sooner rather than later. On ... Read More »

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