The Federal Trade Commission announced today that it would once again extend its compliance date of enforcement of the Red Flags Rule. The Red Flags Rule requires many businesses and organizations to implement a written Identity Theft Prevention Program designed...
July 2009 Archives
Here's my response to Jones Day's email and phone call alerting me to a pending Subpoena involving their client Experian -and their ongoing lawsuit against LifeLock. For my additional comments on this latest turn of events, and links to various...
According to an eye-opening BusinessWeek article, Minnesota Attorney General Lori Swanson announced that the National Arbitration Forum (NAF) the same company she recently filed suit against, has agreed to stop deciding consumer arbitration cases! In an explosive suit filed on...
With the economy slumping and continued reports of high foreclosure rates, scammers find it a perfect opportunity to prey on homeowners and exploit their looming fears of a potential foreclosure. A growing loan modification scam industry has caught the attention...
The Federal Trade Commission wants to hear from borrowers who have complaints against EMC Mortgage. And we certainly have received a lot of them! I was recently contacted by msfraud.org and asked to share this below info with you; From...
Breaking news -A lawsuit filed today by the Minnesota Attorney General filed against the National Arbitration Forum alleges "consumer fraud, false advertising and deceptive trade practices by 'misrepresenting its independence' and hiding its 'extensive ties' to the collection industry." The...
Websites that keep you in touch with your friends and help to build your online networking community are becoming more and more popular. While the popular networking site Facebook was originally intended to provide students with a popular hangout allowing...
As an update to yesterday's blog on bank employees speaking out against predatory practices -today comes with claims that some bank employees felt forced to take part in illegal debt collection practices as well as"pushing premium services to those who...
Bank of America employees say they are not going to be silent anymore. They want to share their insight and stories about predatory practices they feel they were forced to take part in to keep their jobs. They are tired...
Seems Congress is hearing from consumers who are outraged that their credit card has not only raised their interest rates but their minimum payment on balance due is skyrocketing as well. When Congress passed the Credit Card Holders Bill of...
This week brings news that the National Consumer Law Center and Public Justice's Mandatory Arbitration Abuse Prevention Project helped win a major victory for consumers. In Komarova v. National Credit Acceptance, Inc., the California Court of Appeal held -- as...
In a win for consumers one company has agreed to a $1.375 million settlement involving deceptive online sales practices. The suit was brought about by the Arizona AG's office after they received numerous consumer complaints against the company, Central Coast...
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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