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FTC Nails American Mortgage Consulting Group and The Debt School

Bitch Slap

The defendants in two separate alleged scams have settled charges with the Federal Trade Commission and will be banned from providing mortgage- and debt-relief services. The cases are part of the FTC’s continuing crackdown on scams targeting consumers in financial distress, including debt relief and credit repair scams, and mortgage relief scams. American Mortgage Consulting … Read more

FTC Closes Down Credit Counseling Company We’ve Written About.

The Federal Trade Commission has been kicking debt relief butt recently. They’ve been closing down bogus outfits almost faster than I can write updates about them. The latest is a company a reader and tipster (send in your tips here) alerted me about. I then made a secret shopper call you can listen to. See … Read more

Fake Nonprofit Credit Counseling Agency Robocalls Lead to Financial Freedom and Southeast Trust

A tipster (send in your tips here) recently sent in the following robocall they had received. Listen to Robocall The robocall led me to secret shop the “certified non-profit agency” that had already approved me. The recorded message instructs callers to dial 800-706-6208. As you will read in the transcript below, when I questioned the … Read more