Hackers are progressively finding new and innovating ways to hack into large corporate, government, college, and hospital data bases. These bits of identifying pilfered information can then be sold to multiple identity thieves who often re-sell the same morsels of...
June 2008 Archives
Recently Jim and I interviewed Professor Katherine Porter on our radio show SpotLight about her report: Misbehavior and Mistake in Bankruptcy Mortgage Claims and her recently released findings. "Foreclosures are on the rise, and lenders and loan servicers are making...
NEW YORK (June 27) - An old name in retail was hit by a modern scourge - a hack of its customers' credit card numbers - but didn't inform the consumers, revealing how data breaches might be heavily undercounted even...
Beset by financial problems in 2002, Eunice Anderson fell months behind in the mortgage payments on her four-bedroom ranch in Redford Township, Mich., near Detroit. Anderson, 48, a medical insurance auditor, says she was unable to refinance or negotiate a...
If you are a college student, or the parent of one, you won't want to miss this! Find out what funding options are available, and what options to avoid. Have you started to fill out financial aid applications? When should...
The preliminary settlement of a class-action lawsuit against one of the big three credit bureaus, TransUnion, means almost 160 million Americans will be eligible for free monitoring services and a free credit score -but don't get too excited about it....
AVENTURA, Fla. -- One knock and you're a millionaire -- if it's the Publishers Clearing House Sweepstakes knocking at your door. But NBC6 discovered some scam artists are using this American tradition. A Publisher's Clearing House promotional DVD says to...
WASHINGTON--The sagging housing market has presented swindlers with a perfect opportunity to prey on troubled owners. But even owners who are making their payments on time are susceptible to being cheated out of their homes. Financially strapped owners are considered...
The next time you apply for a loan or a new job, a lender or prospective employer might go online to access a database instead of calling your human resources department to verify your employment and income. In most cases,...
Automated Systems Issuing Credit without Verification Put Millions at Risk SAN FRANCISCO, June 20 /PRNewswire/ -- Credit card companies are knowingly contributing to the identity theft epidemic by making it easy for people with access to patient records to...
The families of active duty military personnel face a set of unique credit issues. We will be interviewing Paul Richard, Executive Director of the Institute for Financial Education; an organization that has extensive history helping military families deal with credit...
Authorities are urging residents to watch out for people trying to scam flood victims. So far, local authorities have not received any reports but they are warning citizens to be wary of certain scams that other flood-ravaged areas have experienced....
Marks & Klein, has filed its sixth class action lawsuit against LifeLock and its CEO Richard "Todd" Davis. The lawsuit was filed earlier this week in the U.S. District Court for the Eastern District of Texas. This latest action follows...
As the price of gasoline tops four dollars a gallon nationwide consumers who are driving less could save an average of 5 to 15 percent on their automobile insurance rates - about $47 to $142. That's according to the...
More aggressive strategies fill court dockets, result in mistaken identities Chicago Tribune: Cook County Circuit Court has been turned into a frenetic debt collections machine, a reflection of easy credit gone sour and a collections industry determined to get paid....
While everyone likes the convenience of going wireless,few are aware of the dangers of not using the proper security. Albert E. Whale, President of ABS Computer Technology, Dan Yost, Chief Technology Officer of MylaptopGPS & Mike Aiello, Founder of DIFRWEAR...
Think about your next dispute with your credit card company. A mistaken charge? Failure to credit a return? A penalty fee that they promised to waive? Or ratchet it up a little: Identity theft? A lost payment that triggered penalty...
University of Florida notifies 11,000 students that Social Security numbers were posted online June 10, 2008 GAINESVILLE, Fla. (AP) - The University of Florida is sending letters to more than 11,000 current and former students to notify them that their...
A recent email I received from a concerned appraiser; In his words: I'm an appraiser in michigan........I come to this site very infrequently since I'm so busy doing reos and fifth third equity loans.........but I need to let you know...
Indian outsourcer steals client data, sells to competitors The Times of India recently reported a case that will strike fear into the hearts and minds of information security specialists and C-level executives that support and promote the use of...
The business of resolving credit-card disputes is booming. But critics say the dominant firm favors creditors that are trying to collect from unsophisticated debtors. What if a judge solicited cases from big corporations by offering them a business-friendly venue in...
Identity Theft Resource Center's release on its 5th Annual Aftermath Study - an Analysis of Identity Theft Through the Victim's Eyes. The following are some highlights of The Aftermath 2007 study. An analysis of the entire study was done by...
Tune into SpotLight on Thursday, July 3rd and hear what binding mandatory arbitration is all about -and how it affects you. Our guests are; Janet Ahmad, President of HomeOwners For Better Building (Hobb.org) and Ira Rheingold, Executive Director & General...
Heavy Internet Users Targeted Providers to Test Charges, Delays Washington Post Cable service operators Comcast and Time Warner Cable said yesterday that they would begin testing new approaches that would slow Internet access for heavy users and charge more to...
The Identity Theft Resource Center Reported that data breaches more than doubled in the first quarter of 2008...stating that large data breaches disclosed by Hannaford Bros Supermarket Chain, GE Money, and Georgetown University were just some of the 167 breaches...
The Federal Reserve Board and two other federal banking agencies have released a proposed rule that aims to reform some of the most unfair credit card tricks. But this important new rule of fair play is just a proposal. The...
A memoir exposing the steep price consumers pay when facing mortgage servicing errors, inaccurate credit reporting, illegal debt collection practices, identity theft and weak consumer protection laws. THE BOOK » DENISE'S STORY »
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