Beware of Debt Collection and Other Financial Service Scams, Especially During PostHoliday Bill Paying Season

The Federal Communications Commission has noticed an increase in scam debt relief calls, like the one I got. Here is the FCC statement, “The Federal Communications Commission is alerting consumers to be aware of callers falsely offering lower credit card payments or interest rates, credit card debt relief, and improved credit scores. These scams can … Read more

Debt Relief Legal Front Victimized Thousands Says FTC

The Federal Trade Commission just released the seal on actions it took to shut down a debt relief company that has appeared on this site before. – Source In an announcement made today, the FTC filed a complaint under seal against A to Z Marketing, Apex Members, Apex Solutions, Backend, Expert Processing Center, Smart Funding, … Read more

Dave and Marie Show – How Dave Burke Turns His Troubled Debt Relief Past Into Something Else

Readers keep sending me information about Dave Burke. Burke is the discredited gent from Colorado who turned radio advertorial shows into selling advanced fee, no refund debt coaching to a lot of people. When people were unable to come up with the rest of the coaching fee, they were sent to collections. Under a settlement … Read more

IncomeAtHome.com Review. Is the Commercial Hype Really a Herbalife Scam?

I was just sitting here enjoying my lunch and a commercial for IncomeAtHomeTC.com came on. These types of commercials always get my attention. Typically they make unreasonable claims and promote results most people won’t achieve. So let’s take a closer look at the commercial. It begins with a woman who is identified as Jill, a … Read more

FTC Settles Charges Against Children’s Social Media Network After Collecting Personal Information Without Parental Consent

The operator of SkidEKids.com has settled charges from the Federal Trade Commission (FTC) after collecting children’s information without parental consent. The website, SkidEKids.com, has been marketed and advertised as a website similar to Facebook or Myspace but for children, providing for them a safe and educational place on the internet. According to the FTC, Skid-e-kids … Read more

Penny Auctions: If You’re Not Winning, You’re Losing

A week ago the BBB posted an article in the blog section of their website entitled “Penny Auctions: Unless You Win, You’re Probably Wasting Time and Money.” Personally, I found it hard to believe that penny auction sites were at all accredited by the BBB – this new blog post of theirs makes me feel … Read more

Is M.R. Carter and Carter Financial a Scam? – WATCH LIST

I answered a reader question over on another site. The poster said: I have been contacted by Carter Financial LLC, and they have proposed that depending on my case, they can lower my credit card interest rates. I see on here there are two negative reviews, and one positive review. If I were to let … Read more

American Express Targets Whippersnappers With FourSquare Credit Deals

It was only a matter of time before credit card companies entered the location-based, social media scene. It was announced today that American Express and Foursquare have officially teamed up. I remember when Foursquare hit the scene back in 2009. “This is stupid” I said. “Why would I want anyone to know where I am? … Read more

Digital Bank Robber Steals $500,000 In Bitcoins. Who Didn’t See This One Coming?

There are many things in the world that engage my well-known automatic body response of a slight cocking of my head, a furrowed brow and a whisper of the word “really?”. But today, I fear that minor automatic response stepped aside as I threw my head into my hands, dropped my elbows down onto my … Read more

CouponCaboodle.com Website Review

I stumbled upon a new couponing site this week: CouponCaboodle.com. I decided to review this site to show what not to look for with couponing websites. http://youtu.be/5W5G0F1Gk3g The website has a clean cut and attractive design which automatically gains trust of a user. You are asked to input your first and last name along with … Read more

Credit Card Accountability Responsibility and Disclosure Act of 2011 Mailer – It’s Total BS

Thanks to some pretty awesome tipster (send in your tips here)s the flood of fake, misleading and deceptive mailers has been coming in fast. The latest is the Credit Card Accountability Responsibility and Disclosure Act of 2011 mailer that tells consumers they need a Forensic Mitigation Program. For those of us who deal with the … Read more

The Effectiveness Of Tearing Up Unwanted Credit Card Offers

Ever wonder how effective tearing up an unwanted credit card offer is? Many will just tear it in half, or even tiny pieces, throw it in the garbage and never think of it again. However, how easy would it be for a criminal to get a hold of your garbage and tape it back together? … Read more

GAO Takes Closer Look at Home Loan Modification Scams

The Government Accountability Office (GAO) comprised a report, Homeownership Preservation: Federal Efforts to Combat Foreclosure Rescue Schemes Are Under Way, but Improved Planning Elements Could Enhance Progress, based on “information available to federal and state agencies and nonprofit organizations, such as consumer complaints and the number of enforcement actions.” The report revealed two predominant schemes … Read more

Students Fight Back Against For-Profit Colleges: Westwood College Sued For Fraud

We’ve covered this topic time and time again (see Know Your For-Profit College ABC’s: Assertive, Bold and Cheeky. How I Almost Became a For-Profit College Statistic and Government Finds Fraud and Deception in Marketing for For-Profit Colleges); for-profit colleges and their deceptive practices to get students to enroll and take out loans they cannot afford. … Read more