Edwin Jacquet was sentenced yesterday in Manhattan federal court to 63 months in prison for his leadership role in what is believed to be the largest known credit repair fraud scheme ever charged. He was also ordered to pay more than $9.3 million in restitution for the losses caused by the scheme. Jacquet pled guilty in March 2012 to one ... Read More »

“Dear Jon, i used the credit card of my friend,and im not abble to pay the monthly bill because of my salary situations,and right now the bank is always calling my friend for the payment,the payment that i am the one who’s responsible for that my question is..it is possible to transfer in my name the responsibility for the payment ... Read More »

“Dear Jon, I was previously married to someone who was using my credit fraudlently and there is about 10,000 worth of debt to my name with no proof of what he has done. I am now married to a citizen of the UK with about 4,000 in debt in England and due to the immigration process and the expense he ... Read More »

“Dear Steve, I was married to a man that was our sole supporter for 18 years, we seperated and he kept the house. 3 years later when he died i realized that he racked up over 40k in debt in cc’s and loans in my name that i did not know about. we also had a house that was lost ... Read More »

Bobbi “Dear Steve, Divorced and stuck with huge debt from marriage. What is the best way for me to get out of debt and have decent credit again? I was married to a “spender” who tricked me so many times – getting loans and credit cards under my name without asking me, made himself an “authorized user” and maxed out ... Read More »

Chloe “Dear Steve, My daughter opened an AMEX card for me since my credit is fair. She got me a card in my name off of her account to be used for emergencies For the first 8 months of the card I was able to pay the bill however in mid July I came upon financial hardship and wasn’t able ... Read More »

Connie “Dear Steve, January of this year my husband used my credit card and max. it out over 20,000 in a month time. he was not a authorized user. I filed a unautherized form. I was able to make the payment because the interest was only at. 3.99% the first month. then it jumped to 19.99% struggled to make payments ... Read More »

It never surprises me anymore to hear the silly things that people do to get out of debt. It easily ranges from outright theft, embezzlement, credit fraud, identity theft, etc. But it does always surprises me to hear people say they are so paranoid about identity theft that they refuse to use a credit card on the Internet, yet they ... Read More »