The Consumer Financial Protection Bureau (CFPB) has a great resource on their website – Ask CFPB – for those dealing with debts such as mortgages and credit cards.  The link here states the answer to the question, “What should I … Continue reading →

The Credit Card Accountability Responsibility and Disclosure Act became effective law in 2010.  It was aimed towards protecting consumers from overreaching banks and creditors.  While the concept is good, as this article points out, to think that a bank would … Continue reading →

Sometimes you have no choice but to take out a loan to survive.  While we don’t like this idea, it is a reality in today’s economy.  As the following article points out, payday loans come at a hefty price, often … Continue reading →

I can’t even imagine being on the receiving end of such a phone call. Sadly, this tactic was been used by a debt collector when speaking to  a consumer about a past due debt. Yet another debt collector was  recorded … Continue reading →

This is a great article that debunks four myths about credit cards, the misconceptions of which can lead to hefty charges for the credit card holder. http://online.wsj.com/article/SB10001424052702304537904577277634055672136.html First, “you only need to pay the minimum” leads a card holder to … Continue reading →

I had the opportunity to enjoy the best part of my job yesterday.  It wasn’t the first time, but I would be lying if I didn’t enjoy it tremendously every time.  By now, those who read my blog know that … Continue reading →

Tomorrow morning at 11 AM, hear me chat live with Eric Lay, host of Money Line on 910 AM in Phoenix.  We will talk about issues concerning debt settlement, the explosion of credit card debt this year vs. last year … Continue reading →

No!   Unfortunately, many people are under the belief that paying interest is a must to build points on their credit scores and although I’m sure banks don’t mind profiting by the misconception, it is in fact not true.  Sally Herigstad … Continue reading →

Why do people write about things, like they are an expert on that topic?  In this article, this author is trying to convey to his readers about “how debt settlement really works.” http://www.apbnews.com/finance/how-does-debt-settlement-really-work/ I doubt he has experience with handling … Continue reading →

As the article below describes, Ohio Attorney General Mike DeWine announced a lawsuit against Jeremy Nelson of Trabuco Canyon, California, and his two companies for operating debt settlement businesses that took money from consumers to settle their debts but failed … Continue reading →