Freedom Debt Relief Pays Over One Million Dollars to Settle With NY Attorney General

Just last week Freedom Debt Relief settled with the State of Washington for a bit over $740,000. Today out of New York comes the announcement that Freedom Debt Relief os now settling an issue there for $1.1 Million. This case should be a warning to any debt settlement company that is advertising any claims of … Read more

Misleading Debt Relief Marketing Still Exists. What Do You Think of This?

This morning I was online and I saw an ad that looked like it was offering some sort of government backed or sanctioned debt relief solution. The ad lead to another page, and another, and another. Here is what I saw. Do you think this type of advertising, that appears to be one thing, like … Read more

Debt Settlement and Loan Modification Mailers and Then Halo Mac and American Debt Relief

Thanks to a tipster (send in your tips here) I wanted to show you some examples of debt settlement mailers that in my opinion appear designed to confuse of make recipients believe they come from some official or government resource. These mailers came from Budget Mailing Services at budgetmailingservices.com. – Source I’ll post examples of … Read more

I Read Your Book. Is Debt Settlement Really the Way to Go? – Denise

“Dear Steve, I’m trying to determine the correct path to follow to reduce $40,000 in credit card debt. I see so much “marketing” on the internet, media, and tv. I have read your book “Eliminate Your Debt Like a Pro”. From that book and other articles I get the impression that debt settlement is not … Read more

So USOBA, Is The Premier Debt Solvers Site Deceptive?

A tipster (send in your tips here) sent me in an example of a USOBA web site that uses a President Obama video on their site in an apparent attempt to bolster their message. My question is if the use of the video violates the new USOBA Zero Tolerance policy for deceptive marketing. According to … Read more

Does the Credit Card Bailout Program Affect Your Credit Score?

“Dear Steve, Does the credit card bailout program affect your credit scores?” There is no credit card bailout program. I think what you may be referring to all those ads and commercial you see proclaiming the government has some sort of bailout program for debt. Yea, all those ads are bullshit. You can read this … Read more

USOBA Says Don’t Cross This Line or We’ll Suspend You

The United States Organization for Bankruptcy Alternatives (USOBA) has just issued a press release about their new Zero Tolerance policy for members who engage in deceptive marketing. Yea, that would be the exact deceptive marketing I covered in Examples of Deceptive Official Marketing Sent Out By Debt Settlement Companies to Trick Consumers. Some are Members … Read more

National Debt Crisis Center (NDCC) Odd Commercial

This commercial aired the other night from the National Debt Crisis Center (NDCC) for debt settlement services. Excuse the dog collar rattling in the audio. Apparently the commercial made my dog want to scratch himself. What struck me as odd about the commercial was that it seems to be intentionally clumsy as if it is … Read more

Debt-Agency.us, Debt-Experts.net and TheConsumerStandard.com Running ‘Deceptive’ Stimulus Debt Settlement Advertisements

Yesterday I came across a link to http://theconsumerstandard.com/v1/debt.php which took me to the page below. What struck me about the advert was how it made it appear there was some new federal or state law that allowed people for a limited time to reduce their debt by 50%. The link at the bottom of the … Read more

CreditAnswers Bailout Television Ad – Misleading

I just saw the Credit Answers television ad on television. The messages it contained struck me as bordering on deceptive and misleading. The impression an average viewer will get from this ad is that government bailout programs given them a right to settle their debt and that debt settlement will be less harmful than bankruptcy. … Read more

Where Do I Find Real Information on Getting the Obama Credit Relief Package? – John

“Dear Steve, Where do I find real information on getting the Obama credit relief package that I have heard and seen advertised, or is it a farce? John” Dear John, It is all a big fat lie. There is no such thing. Recently I even wrote about mailers that had been sent out promoting some … Read more

Loan Modification Company Operating Out of Mailbox at UPS Store is a Scam

Federal prosecutors have indicted two San Diego men featured in an ABC News investigation for their role in allegedly defrauding desperate homeowners trying to modify their mortgages. Investigation uncovers businesses posing as something they’re not. Glenn Rosofsky and Michael Trap, who ran a business called Nations Housing Modification Center, are charged with duping homeowners who … Read more