Archives

Filter 

  • Debt collection complaints on the rise in Ohio, U.S.

    By Rick ArmonBeacon Journal staff writer  At first, Nancy L. Reeves wasn't sure what to make of the phone messages delivered again and again by co-workers. They were vague. And a little creepy. She knows what we're calling for. She knows who we are. Re...
  • Swanson sues debt relief companies

    BY ASHLEY STINNETT MINNEAPOLIS (Legal Newsline) - Minnesota Attorney General Lori Swanson has filed lawsuits against three out-of-state debt relief companies over allegations the businesses violated Consumer Debt Fraud laws. The lawsuits were filed ...
  • Use of debt settlement firms may be unnecessary, unwise

    By BILL BOWEN People in desperate financial straits will sometimes go to desperate lengths to get out. And some companies use questionable practices to capitalize on their plights. The most recent example is an Addison-based company that promised to cut...
  • Credit Solutions Responds to Nightline Video

     ABC aired a video on Credit Solutions, but Credit Solutions had their own camera.  It's interesting to see both video's, before and after editting.  This was copied from YouTube.  ...
  • Economic Factors and the Debt Management Industry

    Authored by:Richard A. Briesch, PhDAssociate ProfessorCox School of BusinessSouthern Methodist UniversityAugust 6, 2009 The current economic climate makes the need for debt management programs even more acute. More consumers are finding themselves in fi...
  • Credit Card Delinquencies Up, Worst Yet To Come

    Shahien Nasiripour shahien@huffingtonpost.com | HuffPost Reporting Despite optimistic pronouncements from the nation's financial stewards, a recovery is not in the cards. At least not anytime soon, judging by the latest data on credit card delinquenc...
  • Tampa woman says debt collector stressed husband to death

    WTSP Tampa Bay's 10 News • September 15, 2009  TAMPA — Stanley McLeod was a man family members say always tried to pay his bills on time. But, after a massive heart attack, the Sears employee had to quit work and fell behind on his mortgage paymen...
  • Credit cards take steps to help their users manage debt

    By Kathy Chu, USA TODAY After years of encouraging consumers to load up on debt, the credit card industry is trying a novel tactic: helping borrowers manage their debt. Tuesday, JPMorgan Chase unveiled new card features that even critics are applaudin...
  • Wells Fargo Securities economist Vitner: Uncertainty hampers recovery

    New Mexico Business WeeklyTuesday, September 15, 2009, 1:08pm MDT Uncertainty about new federal policies may be slowing the economic recovery until Congress can make decisions on issues such as health-care reform and cap-and-trade environmental rules. ...
  • U.S. consumers cut debt by record $21.6 billion in July

    The drop in the amount Americans owe on credit cards and loans for purchases such as autos shows that they are concerned about continued job losses and uncertain about the economic recovery. By Jim Puzzanghera and Jerry Hirsch September 9, 2009 Reporti...
  • Milberg LLP Files Class Action Against NAF for Consumer Fraud and Breach of Contract by Favoring Creditors During the Arbitration Process

    National Arbitration Forum, Inc. ("NAF") Sued for Violation of Various Federal and California State Consumer Protection Laws and Breach of Contract NEW YORK, NY -- (Marketwire) -- 09/15/09 -- The law firm of Milberg LLP has filed a class action lawsuit ...
  • Census: Income fell sharply last year

    By Dennis Cauchon and Richard Wolf, USA TODAY WASHINGTON — Americans' household income last year took the sharpest drop since the government began keeping records in 1947, the Census Bureau reported Thursday....
  • FTC Seeks Public Comment on Proposed Rules to Protect Consumers of Debt Relief Services

    In an ongoing effort to better protect financially distressed consumers, the Federal Trade Commission is seeking public comment on proposed rules to combat deceptive and abusive telemarketing of debt relief services – services that purportedly can re...
  • As U.S. fortunes fade, Pakistani debt collectors dial it up a notch

     By Mark Magnier September 15, 2009At call centers in the South Asian nation, young Pakistanis put on American accents and match wits against Americans with bad debts. Tactics range from cajoling to needling and bluster....
  • Second FTC Roundtable to Discuss Debt Collection Arbitration and Litigation; Call for Public Comments

    The Federal Trade Commission will host a two-day public event on consumer protection issues in litigation and arbitration proceedings to collect on consumer debt. This will be the second in a series of three FTC roundtable discussions on these topics. ...
  • TransUnion Consumer Credit Risk Index Continues to Rise, Though 13 States See Decline

    PRNewswireCHICAGO   CHICAGO, Sept. 15 /PRNewswire/ -- The TransUnion Credit Risk Index, a statistic developed to measure the changes in average consumer credit risk within various geographies, increased 0.83 percent from 127.26 in the first qu...
  • A year after Lehman's collapse, bank industry is on new path

    By Pallavi Gogoi, USA TODAY NEW YORK — It helped trigger more than a generation's worth of catastrophes in the U.S. banking system. But it was just a year ago Monday that investment bank Lehman Bros. filed for bankruptcy protection — an event wide...
  • Handling bill collectors no laughing matter

    12:30 pm September 8, 2009, by Rana Cash I couldn’t help but laugh when I watched this video about dodging debt collectors. It makes light of a serious issue. There’s nothing funny about handling bill collectors, but it does help to have a sense o...
  • Credit card debt negotiation in 3 (not) easy steps

    By Dana Dratch You're drowning financially and need some serious help with the credit card bills. Besides bankruptcy, is there another option? Yes. It is possible to contact a card bank and negotiate a partial settlement, a workout agreement, or even j...
  • Credit Debt Has Dug a Two-Decade Hole

    Editor's Note: This article was written by James Quinn, a senior director of strategic planning for a major university. James has held high-level financial positions with a retailer, home builder and a university in his 22-year career. For th...
 

Sponsored Listings

Banner
Delta Systems and Solutions was founded in 1998 to provide enterprise quality IT to small business. We hold the Microsoft Small Business Specialist designation.
Banner
Our Debt Settlement Software offers a powerful and yet flexible tool for debt settlement companies. Covering all the aspects of your debt negotiation business Prime Debt Soft debt settlement software opens new venues for your debt management or debt negotiation company. And as always our software remains the most affordable solution for your debt settlement agency along with our distinguished software support.