I hear story after story from homeowners who feel that their pleas for help fall on deaf ears. Many have filed complaints with their State Attorney General's office, various federal and state agencies, and of course their mortgage servicing company...
December 2009 Archives
The Center for Responsible Lending has issued a new report on credit card abuses called "Dodging Reform: As Some Credit Card Abuses Are Outlawed, New Ones Proliferate," In their latest report they discuss how credit card companies found new ways...
Florida homeowners Sara and Moshe have been working tirelessly trying get someone at Bank of America to respond to their many requests for BofA to correct their bank accounting errors. All promises made by BofA representatives to correct inaccuracies,...
The holidays are a time of joy for many people. They are also, unfortunately, the perfect time for predators, identity thieves, and scam artists to pick off as many frantic shoppers as they can get. Here's one shopping scam I...
As the holidays approach, the hustle and bustle of shopping for gifts reaches a crescendo that has many people scurrying about here and there trying to find that must-have gift on someone's list. Gifts begin to pile up everywhere. It...
You might be interested to know about a new free resource released today from the federal government for parents, grandparents, teachers and librarians on how to get kids and teens to develop good online habits.This morning, U.S. Secretary of Education...
If you were to loan money to a business partner, friend or neighbor, it would be illegal for you to charge an interest rate of 36% -the government rightfully considers that to be nothing more than loan shark rates. Then...
While many homeowners have taken the jump from making regular mortgage payments on a monthly basis to a temporary loan modification plan, few of these have been able to make a successful transition to permanent modifications that would allow them...
This time of year giving gift cards has become a popular choice. An estimated twenty five billion dollars is expected to be spent on gift cards this holiday season alone. However, there are traps for the unsuspecting consumer. Dormant gift...
Minutes ago the House of Representatives voted to pass HR 4173, the Wall Street Reform and Consumer Protection Act of 2009. The vote was 223 to 202, with 27 Democrats voting against and no Republicans voting for the legislation. It...
Identity theft is a growing problem. Despite this fact, certain strategies exist that can reduce your risk of becoming a victim of identity theft.With the holiday season upon us it's important not to forget it is peak season for crime....
Jackie Ramos, a former "top performer" customer service employee a/k/a collections employee, at Bank of America (BofA), recently posted a video YouTube rant in which she describes how trying to help consumers got her fired. She explains that as an...
Most people only begin thinking about credit repair when they want to access more credit. The problem with trying to fix bad credit on such a short deadline is that in your haste to get started you risk potentially falling...
Identity thieves are seemingly everywhere, thinking up clever new ways to steal financial information and use it to spend money that isn't theirs. How dare they? Sidejacking is just another one of the tactics that identity thieves use to try...
If you missed the recent FRONTLINE documentary, The Card Game, a follow-up to the Secret History of the Credit Card, watch below as industry insiders, lobbyists, politicians and consumer advocates square off over attempts to reform the way the industry...
A consumer alert; watch out for more unfair bank fees. The Consumer Warning Network has uncovered yet another way customers are getting zapped by using a credit card. Turns out, giant electronics retailer Best Buy and HSBC (Household Bank) that...
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 »
NEWSLETTER SIGN UP
SUBSCRIBE
CONTACT
