How to Avoid phishing, smishing, vishing, and other scams
FDIC Consumer News: Beware, It’s a Scam! Avoid phishing, smishing, vishing, and other scams FDIC Consumer News - October 2020 Criminals are constantly trying to steal consumers’ personal data using fake emails, websites, phone calls, and even text messages. They use a variety of ways to try to trick [...]
Don’t Fall Into a Student Loan Relief Scam.
The following is a warning from the Federal Trade Commission regarding scams you may receive about your student loans. Read the warning and watch the very short video. October 13, 2020, by Traci Armani, Consumer Education Specialist, Division of Consumer & Business Education, FTC Having trouble paying your student [...]
Don’t Gamble With Your Home During COVID
There is so much mis-information about a forbearance of home mortgages during COVID-19. Know your options before making a decision not to pay your mortgage. Are you a 'planner' or a 'gambler'? Do you assume everyone is looking out for you, or you need to look out for yourself? [...]
Leading Attorneys Share Thoughts on Misrepresentations in the Media
Leading Lawyers Weigh In on Portrayal In The Media – (includes quote from Diane Drain) Can you remember the very first time you came across the word ‘lawyer’? EXCERPT (from KTVN 12 News, WFXG Fox News 54, and WFMJ 21) For [...]
Are you financially stressed right now? What to know about options, from debt negotiation to bankruptcy
Are you financially stressed right now? What to know about options, from debt negotiation to bankruptcyRuss Wiles, Arizona Republic, Arizona Republic Interviews Diane L. Drain about debt relief, including bankruptcy (see highlighted text). 9/9/20 The COVID-19 pandemic and economy-shutting measures to contain it came on [...]
How to Rebuild Your Credit
CREDIT BUILDER LOAN COULD HELP CONSUMERS BUILD OR REBUILD THEIR CREDIT (reprint from CFPB) July 13, 2020, the Consumer Financial Protection Bureau (Bureau) released a report indicating that a credit builder loan could increase the likelihood of establishing a credit record for consumers without one, [...]
Supreme Court Decision – Consumer Financial Protection Bureau
The question – can a President remove the Director of Consumer Financial Protection Bureau (CFPB) ‘just because’? The answer – yes. But then it gets a little more complicated. The bottom line – The director of the CFPB is exposed to the whim of a [...]
Resources for Consumers – COVID-19
SCAMS ABOUND – NEVER BELIEVE WHAT SOMEONE TELLS YOU, UNLESS YOU CHECK IT OUT. Here are some Arizona resources to help you find accurate information. With every crisis comes thousands of scams trying to steal your money or your rights. Do your homework before believing [...]
The IRS Will Not Call You About Your Stimulus Money – It Is a Scam
The IRS Won’t Call You About Your Stimulus Money IF YOU GET A CALL FROM SOMEONE SAYING THEY ARE FROM THE IRS – STOP!!!! IT IS A SCAM!!!! June 24, 2020 – The Federal Trade Commission (FTC) issues a warning that scammers are pretending [...]
COVID-19 Scams – Warnings from FTC
ALERT FOR SMALL BUSINESS OWNERS NEEDING PPP LOANS Law suit against Ponte Investments, LLC, promoted their “SBA Loan Program” and website “SBAloanprogram.com […]