• Published On: November 22, 2013

    Banks, such as Wells Fargo, are offering loans, similar to payday loans, which trap the borrower into a endless cycle of paying off the same loan time after time, after time. More than $221 billion [...]

  • Published On: November 6, 2013

    Debt collectors face new rules under proposal from Consumer Financial Protection Bureau (By Danielle Douglas, Published: November 5) According to the Washington Post: the government is preparing restrictions on debt collectors, a loosely regulated industry [...]

  • Published On: September 30, 2013

    An Oregon woman sued Equifax, won an $18.6 million jury award for credit-report errors that went unfixed for years. More than $221 billion of these loans at the largest banks will hit this mark over [...]

  • Con artist threaten to have you arrested or garnish your paycheck unless you pay a debt. More than $221 billion of these loans at the largest banks will hit this mark over the next four [...]

  • Published On: September 28, 2013

    Small bank mistakes result in blacklisting more than a million low-income Americans from being able to get a checking account for years. More than $221 billion of these loans at the largest banks will hit [...]

  • Published On: September 28, 2013

    Robert Naugles prepared his own bankruptcy so thought he would charge others for preparing their documents. Sanctioned by Bankruptcy Court. Naugles assumed "the courthouse staff would point out any errors." NOTE - the Court staff [...]

  • Published On: September 15, 2013

    Federal Reserve Report indicates The Next Financial Balloon to Burst: Student loans More than $221 billion of these loans at the largest banks will hit this mark over the next four years. Bully tactics used [...]

  • Published On: September 5, 2013

    Debt buying is really big business – buyers paying three cents on the dollar. Encore Financial, one of the largest credit card debt buyers, paid $562 million for $18.5 billion of debt last year, or [...]

  • Scam letter from Fresh Start, based in New York, requires as much as $5,200 up front from a homeowner. According to the Arizona Attorney General "This is a blatant violation of Arizona law.” Article from [...]

  • Published On: August 24, 2013

    According to the Federal Trade Commission report nearly 20 percent of consumers had errors in at least one of their credit files. The answer is "yes" Earlier this year the Federal Trade Commission completed a [...]