• UPDATE: July 9, 2019 Freedom Debt Relief agrees to pay $20 million in restitution and $5 million in civil penalty to settle the claims for deception, abusive actions, misrepresentation, failure to disclose. […]

  • Company and Its Former CEO Engaged In Illegal Debt Collection Practices (Reprint from CFPB announcement 7/13/18) The Bureau of Consumer Financial Protection (Bureau) announced a settlement with National Credit Adjusters, LLC (NCA), a privately-held company [...]

  •   Fairy tales are not the way to make adult decisions. We know that most fairy tales are fables designed to teach children a healthy respect for rules and society’s expectation.  Some fairy [...]

  • Published On: March 5, 2018

    Life for the next 20++ years – caught between a rock and a hard place. Query from a new doctor: I am a newly graduated medical professional and single mom. In the past [...]

  • Sued for Fraud – Federal Debt Assistance Association, LLC and Financial Document Assistance Administration, Inc. “FDAA The CFPB alleges that FDAA’s so-called “debt validation” programs violated the law by falsely promising to eliminate consumers’ debts [...]

  • Published On: October 10, 2017

    Lenders Must Determine Upfront If Consumers Have the Ability to Repay Loans Payday and title loan traps October 5, 2017 The Consumer Financial Protection Bureau (CFPB) has developed a new rule which has common-sense protections [...]

  • Published On: September 4, 2017

    By Liz Weston NerdWallet.com, Aug 30, 2017 (a summary from South Bend Tribune) Many people believe that hiring a company to settle their debts is better on their credit, will cost them less in the [...]

  • CREDIT REPAIR SCAMS – COMPANIES SUED FOR CHARGING ILLEGAL FEES AND MISLEADING CONSUMERS Credit repair schemes The Consumer Financial Protection Bureau (CFPB), June 27, 2017, filed two complaints and proposed final judgments in [...]

  • Bank of America and JP Morgan Chase finally agree to properly identify debts discharged in bankruptcy. According to an article in the New York Times, Bank of America and JP Morgan Chase are finally agreeing [...]

  • Hundreds of thousands of people try to save their homes are defrauded by “mortgage modification” and other scams. Desperate people find themselves and their family on the street after trying [...]