California Is Hunting Deceptive Debt Settlement Companies — Here’s How to Report One
California’s DFPI is actively hunting deceptive debt settlement companies — and the junk mail you almost threw away could start an investigation.
Bait and Switch
Alaska AG: Swickard Anchorage Pays $800K for Bait-and-Switch Car Deals — Here’s What They Did
Alaska AG fined Swickard Anchorage $800K for advertising cars it didn’t have and charging fees customers never agreed to. Here’s what happened and the pattern to watch for.
Personal Loans: When They Help and When They Hurt
Steve Rhode and Damon Day expose the predatory tactics of debt relief companies that use bait-and-switch loan offers to deceive consumers. They discuss how…
I Was a Bait and Switch Debt Relief Sales Person
Quick Answer: A former debt relief salesperson reveals how companies use personal loan mailers as bait to generate leads, then use commissioned salespeople to manipulate desperate consumers into purchasing debt settlement services instead. The anonymous whistleblower worked for a financial services company in 2018 that appeared legitimate but employed deceptive bait-and-switch tactics targeting vulnerable people …
