Can’t Pay Bills Because of Covid-19? Here Are Some Loan Alternatives

As a response to the coronavirus pandemic, multiple banking regulators, including the Federal Reserve and the FDIC, are urging banks to consider lending small personal loans to consumers and businesses, in a joint statement released March 26. Some civil rights and consumer advocacy groups, including the National Consumer Law Center and the NAACP, have criticized …

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New Jersey Has Its Own Student Loan Rights Law for 2020

Attorney Edward Hanratty sent in the following information. The state of New Jersey has enacted a law that protects student loan borrowers from abuse by student loan lenders. NJHESAA/NJCLASS, are you listening? It requires that student loan lenders, other than the federal government and big banks, be licensed and regulated by the state of New …

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FTC Disconnects Pointbreak Media Robocall Scheme Defendants

Callers falsely claimed company represented Google, sought fees between $300 and $700 for first-page placement in online search results listings At the Federal Trade Commission’s request, a U.S. district court in Florida granted summary judgment against two individuals, approved six settlement agreements involving 11 defendants, and entered a default judgment against the remaining seven defendants, …

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Former IRS Employee Convicted of Tax Evasion

A federal jury in Las Vegas, Nevada, yesterday convicted Craig P. Orrock, a former attorney and former Internal Revenue Service (IRS) employee, of tax evasion and obstructing the internal revenue laws, announced Principal Deputy Assistant Attorney General Richard E. Zuckerman of the Justice Department’s Tax Division, U.S. Attorney Nicholas A. Trutanich for the District of …

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Put the Brakes on Phony Online Car Sales

You can buy practically anything online, including used cars. But before you shell out any hard-earned cash, here’s a warning about scammers trying to sell cars they don’t have or own. Here’s how the scam works: Criminals post ads on online auction and sales websites, like eBay Motors, for inexpensive used cars (that they don’t …

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