Consumers have protections from their creditors, but consumers also have liability to their creditors. Knowing your rights and obligations is the best way to make informed decisions.

How To Avoid Scams by Car Dealers & Salesmen, Part 2

HOW TO AVOID BEING RIPPED OFF BY A CAR DEALERSHIP OR CAR SALESMAN, part 2. Ever wondered what you should do if you are scammed by a car dealership or a car salesman?  What are the used car dealer tricks?  How do you avoid a car dealer lying to you about financing? In order to […]

How To Avoid Scams by Car Dealers & Salesmen, Part 1

HOW TO AVOID BEING RIPPED OFF BY A CAR DEALERSHIP OR CAR SALESMAN, part 1. Ever wondered what you should do if you are scammed by a car dealership or a car salesman?  What are the used car dealer tricks?  How do you avoid a car dealer lying to you about financing? In order to […]

Mulvaney, Trump’s Lackey, Guts Consumer Protection Bureau

Mulvaney says Trump wants him to stop the CFPB from ‘strangling’ capitalism He now crushes the voice of the only organization that tries to protect you and me as consumers. November, 2017 Trump appointed Mick Mulvaney as “acting” director of the Consumer Financial Protection Bureau, at the same time he was also the director of […]

Disabled Vet’s Federal Student Loans To be Forgiven

May, 2018 – Over the next few months the Department of Education will be sending letters to totally and permanently disabled veterans that they are eligible to have their student loans forgiven.  These loans will be  federal student loans or aid from the Teacher Education Assistance for College and Higher Education grant program. 

Student Loan Debt Kills Homeownership Dream For Those Under 40

Homeownership dream dies for many under 40 due to student loans. The American dream for many is to drive a nice car, own a nice home and have a great job.  Unfortunately that dream is dead for many under 40.  Young people are leaving college with student loan burdens that would choke a horse – […]

Some Defenses to Private Student Loan Collections

Student Loan Debt Rises to $1.5 TRILLION in May, 2018 There are two types of student loans – federal and private.  Federal loans have some protections for the lenders that private student loans do not.  Every month lawsuits are filed by the thousands, many that are invalid, but if the borrower does not respond the […]

Trump’s Lackey Trying to Hide Complaints About Banks and Other Big Businesses

Could the CFPB’s Complaint Database Go Dark Because Trump’s Lackey Wants to Protect Big Business? Reprint from Findlaw, By Christopher Coble, Esq. on May 15, 2018 12:59 PM In the wake of the 2007-08 financial crisis, Congress created the Consumer Financial Protection Bureau, an agency tasked with protecting consumer rights when dealing with banks, credit unions, debt collectors, […]

New Help for Homeowners, Heirs or Spouses

New Help for Homeowners, Heirs or Spouses Two important sets of CFPB amendments to its RESPA and TILA mortgage servicing rules go into effect April 19, 2018. These amendments expand the rights of those inheriting homes, awarded a home in divorce, or otherwise succeeding in interest to a mortgage loan. The rules also offer an […]

What Happens if You Default on a Federal Student Loan?

What can happen if you default on a federal student loan? You are “in default” on your federal student loan if you have not paid in 270 days (approximately nine months).  Your wages can be garnished or your tax refunds seized. How do you stop seizure of your tax refunds?

You Sue & Win, but Pay More in Taxes Than $$ Received. Thanks New Tax Law

I have been around enough not to be overly surprised by lack of common sense from Congress and our President, but the latest revelation makes my stomach hurt. What Now?? With the new Tax Cuts and Jobs Act (TCJA) it is just coming to light that a person injured and later successful in suing must […]