There is a way to take advantage of your mortgage lender’s incompetence and inefficiency.  All you have to do is decide that you are willing to let your lender foreclose on your house, …

An ABC news investigative report exposes how debt management companies are taking advantage of consumers trying to deal with their debt: Click Here to Report on Misleading Debt Settlement Companies.

These debt settlement firms …

The Better Business Bureau makes this case and reports on the scams.

The scammers are especially clever at preying on people in trouble and they have come up with many ways to convince you they can …

For a while now most credit card companies have inserted a mandatory arbitration clause into their contracts.  This is to force their customers to settle credit card problems with arbitration and prevent them from suing.   …

The New York Times reports that with credit card delinquencies approaching record numbers, the credit card companies have come up with a new debt solution:  Make a deal on the principle.

Up until recently, credit card …

The Obama administration has promised debt help for consumers in at least two important areas.  One is mortgage debt and the other is credit card debt.    They have moved forward in both areas in the …

You can’t turn on cable TV for any length of time these days and not see commercials promising help with your debt.  The latest is a commercial for a consortium of credit card companies plugging …

If you have read anything on this site about companies that tell you they can help you reduce your debts, help you get out of debt, or help you fix your credit, you know we …

We’ve all seen the ads on TV. “Got trouble with the IRS? Our professional counselors — many of them former IRS agents — can fix it for you. Call now.” Turns out that it’s not …

One of the most important payment terms on your credit card is the deadline for payment. Even if you are a person who pays the whole balance every month - depending on your balance …