Unlawful Debt Collection Calls to Workplace Nearly Double (2009-03-18)
The number of complaints against debt collectors calling consumers at work nearly doubled between 2007 and 2008, according to recent report from the Federal Trade Commission.
Consumers Urged to Comment on Bank Overdraft Rules before March 30 (2009-02-17)
Banks can currently enroll consumers in expensive automatic overdraft protection services without active consent. The Federal Reserve is calling for public comments on proposed rules designed to curb this practice.
Debt Shield Executive Warns Consumers about CCC Limitations (2009-02-17)
Statistics confirm that credit counseling cannot help many consumers with overwhelming debt. Debt settlement company CEO alerts consumers to the restrictions and limitations of credit counseling.
Fair Debt Collection Laws Protect Financially Struggling Consumers (2009-02-09)
Unemployment spells financial distress for consumers and more unpaid credit card accounts. As creditors turn accounts over to debt collections, consumers need to become aware of fair debt collection laws to guard against abuses.