A former Bank of America employee is one of many following in Ann Minch's footsteps by offering Bank of America a public video message. "We're pissed...you are not getting another penny from me..." Here's a small excerpt from the below...
September 2009 Archives
Last week, Mike Dillon offered Part I of a II part blog entitled Mortgage Servicing Fraud; What is it? And why you need to know. (See Part 1 here)Mortgage Servicing Fraud, Part II (Beginning with short excerpt of Part 1)By...
After recent public outcry about bank fees, both Bank of America and Chase chose to reform their policies that had them charging $35.00 and up on bank overdraft fees. The mega-banks announced last week that beginning next year they would...
What Is Mortgage Servicing Fraud? Truth be told, the easiest way to explain Mortgage Servicing Fraud is to start by explaining the difference between Mortgage Servicing Fraud and Predatory Lending.Here's Part I of IIBy Guest Blogger: Mike DillonGetDShirtz.com What Is Mortgage...
Your identity has been stolen. You are out thousands of dollars, and dozens of hours spent on the phone and sending information back and forth to various credit card companies. You imagine it's all over. And then, one day, you're...
Ann Minch has had enough and has decided to stage a "debtor's revolt"! Angered by an unfair and uncalled for spike in her interest rate, she turned to YouTube. Ann recorded a public message to Bank of America calling for...
When overwhelmed with massive debt, many people turn to debt consolidation programs in order to avoid bankruptcy and ease their financial burdens. Problem is, nowadays it is hard to decipher between a company that is on the up-and-up -and a...
If you have ever sold anything on Craigslist or other online classified advertising sites, you probably have dealt with a con artist at some point. This recent email points out the advantages of being an informed consumer --and the disadvantages...
Federal officials are warning military veterans not to give out their credit card numbers or personal information to callers claiming to be updating prescription information for the U.S. Department of Veterans Affairs.The VA issued an advisory this week, after veterans...
It isn't just the economy that's sinking to new lows, many debt collectors are too! Listen to abusive, threatening and harassing phone calls from debt collectors who continue to violate the Fair Debt Collection Practices Act. Dianne McLeod, is suing...
Image by Getty Images via @daylifeHiring someone to negotiate a mortgage loan modification on your behalf is similar to blindly feeling your way through an unknown, pitch black room, with nothing to steer you in the right direction. The stress...
Over the last few weeks I've received a couple different email notifications confirming my request to reset my password on Twitter. Trouble is, I hadn't made such a request. As I did a search of my screen name, I found...
In April, Litton settled a class-action lawsuit that claimed the mortgage servicing company failed to timely credit borrowers' mortgage payments, that then caused the servicer to charge unfair late fees -a practice that landed many unsuspecting homeowners' mortgages in default....
As Chair of the Congressional Oversight Panel, created to oversee the U.S. banking bailout, formally known as the Troubled Assets Relief Program, (aka TARP) first developed the idea to create a new Consumer Financial Protection Agency as part of much...
Today's Miami Herald had an article about identity theft and hacking. The article discusses how simple it has become for hackers to locate and access wireless networks -whether thought to be secured, and password protected or not. The story notes...
I recently received a call from Mary, a wise, soft spoken woman who reported that a "nice looking, clean-cut young man" had recently knocked at her door claiming to be a phone company representative who urged her to let him...
According to research by the credit scoring company FICO, 58 million consumers had their credit limits cut. This abrupt loss of available credit has caused an avalanche of problems for consumers. Though the intent behind recently implemented credit card reforms were intended to reel in those...
Debit card fraud is on the rise, with more victims every day - but you don't have to be one of them! While there is no foolproof way to have ironclad protection, there are some simple steps you can take to better...
As homeowners fight to save their homes from foreclosures, and consumers continue to combat fraud, predatory lending and abusive financial practices, they're asking -"Why doesn't anyone help? Why doesn't anyone hear me? Isn't there anyone who cares?" Well, we have good news! National consumer...
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 »