• 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 [...]

  • Published On: July 13, 2020

    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 [...]

  • Congress created the CFPB after the 2008 financial crash to protect consumers from what were seen as predatory and deceptive practices by financial institutions. UPDATE: May 16, 2024 – Consumer [...]

  • Broken Promises: Teachers Sue U.S. Over Student Loans That Weren’t Forgiven Lawsuit against Department of Education—loan forgiveness program for millions of public service workers is in such a shambles that it violates federal law and [...]

  • 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!!!! [...]

  • Published On: June 28, 2020

    ALERT FOR SMALL BUSINESS OWNERS NEEDING PPP LOANS Law suit against Ponte Investments, LLC, promoted their “SBA Loan Program” and website “SBAloanprogram.com […]

  • Lead Express, Harvest Moon Financial and others repeated drew interest-only charges, leaving consumers to pay more than promised May 22, 2020 – The Federal Trade Commission (FTC) has charged Lead Express, Harvest Moon Financial, Gentle [...]

  • In a large victory for consumers, The University of Phoenix agreed to pay $50 million in cash and cancel $141 million in debt owed to the school by students harmed by their deceptive ads. Phoenix’s [...]

  • March 27, 2020 a new law (CARES Act) was passed which gave funds to everyone in order to pay basic necessities (such as food, rent, gas).  Congress forgot to protect those funds from your creditors [...]

  • WARNINGS FROM THE FEDERAL TRADE COMMISSION March 30, 2020 – a reprint from article by Jennifer Leach, Association Director, Division of Consumer and Business Education, FTC. I know, 60-year-olds. You’re not old. In fact, we’ve [...]