A United State district court has shut down two related operations who apparently failed to provide promised debt relief services and jeopardized clients’ privacy by at the Federal Trade Commission (FTC)’s request. Apparently one firm charged consumers a $1,495 up front fee for a mortgage relief assistance program that was never given as well as …
“Dear Damon, Hi Damon, I have substantial CC debt (approx $30k) due to opening a restaurant (which I have sold). I am current on payments, but would like to have the interest rate lowered with a debt consolidation loan. Are there any companies that would loan with just a lien on my home instead of …
The Centre for Corporate Law and Securities Regulation in conjunction with The University of Melbourne released a Research Report in March 2011 about Financial Literacy and “What Causes Suboptimal Financial Behaviour? An Exploration of Financial, Social Influences and Behavioural Economics”. This following article will showcase their report and findings. All quotes and data used are …
by Kiel and Olga Pierce, ProPublica With millions of homeowners still struggling to stay in their homes, the Obama administration’s $75 billion foreclosure prevention program has been weakened, perhaps fatally, by lax oversight and a posture of cooperation–rather than enforcement–with the nation’s biggest banks. Those banks, Bank of America, Wells Fargo, JPMorgan Chase, and Citibank, …
A tipster (send in your tips here) sent in the following mailer they received for the Housing & Economic Recovery Program (PL 110-289). You will notice the mailer looks like a government document and uses the HUD equal housing symbol. The front references P.L. 110-289 which is actually The Foreclosure Prevention Act of 2008 and …
by Marian Wang, ProPublica, We’ve pointed out cases in which banks’ miscommunication and disorganization have caused mistaken foreclosures [1], but as several recent [2] reports [3] have noted, that’s not the only way in which bank mistakes have affected homeowners. Some consumers have been surprised to see damage to their credit score after requesting information …
Commercial Name: Picasso Pawn Record Date: 11-25-2010 Network/Channel: Jerry Springer Description: Commercial informs viewers to turn to pawning items in order to meet bills and other obligations. Interesting how it is sold as having no impact on your credit. [quicktime]https://getoutofdebt.org//member/video/PicassoPawn-20101125.mov[/quicktime] The debt relief commercial above is presented only as an example and archive of debt …
Please share your experience with this lender and provide your review and feedback, in the comments section below. The goal of this page is to allow people to share information that may be important to help others to make a more informed decision regarding their experience with this lending company. Here are some potential questions …
Please share your experience with this lender and provide your review and feedback, in the comments section below. The goal of this page is to allow people to share information that may be important to help others to make a more informed decision regarding their experience with this lending company. Here are some potential questions …
Commercial Name: Money Mutual Montel Williams Record Date: 11-8-2010 Network/Channel: WLFL Jerry Springer Show Description: Montel Williams is spokesperson for MoneyMutual.com. Facing unexpected bills. You can get $1,000 by tomorrow. Payday loan. Promotes viewers to forget about overdraft charges, bounced checks, and late fees. Misleading that those apply to the underlying loan. I assume the …
