A company that charged consumers $599 up-front to supposedly get them new low interest rate credit cards was shut down … Continue reading Phony Credit Card Scheme Shutdown
Category Archives: Money News
Wells Fargo Sued For Alleged Mortgage Fraud
Homeowners who found Wells Fargo had no sympathy for them in the foreclosure process may now show little sympathy for … Continue reading Wells Fargo Sued For Alleged Mortgage Fraud
Simplying Mortgage Fees
A winning idea from the Consumer Financial Protection Bureau may reduce mortgage costs and help you understand what you’re getting … Continue reading Simplying Mortgage Fees
Capital One To Refund $150 Million
Two million Capital One credit card customers will get refunds and Capitol One apologizes because of what the Consumer … Continue reading Capital One To Refund $150 Million
Refinancing Benefits
Refinancing current mortgages reduces the risk of mortgage defaults and saves taxpayers money according to economists at the New York … Continue reading Refinancing Benefits
Mortgage Assistance Scam Shut Down
Spanish speaking homeowners facing foreclosure thought they’d get help to modify their mortgages. Instead they were swindled out of $995, … Continue reading Mortgage Assistance Scam Shut Down
When Someone Suggests Mortgage Modification
When someone suggests a mortgage modification for you to help you avoid foreclosure, proceed very carefully. Many of these people … Continue reading When Someone Suggests Mortgage Modification
Crackdown on Mortgage Modification Scams
They call themselves the National Legal Help Center. But the Consumer Financial Protection Bureau (CFPB) alleges they were out to … Continue reading Crackdown on Mortgage Modification Scams
Quicker Sandy Insurance
It looks like help is on the way for homeowners struggling to get Sandy-related insurance … Continue reading Quicker Sandy Insurance
Bank of America Mortgage Modifications
Good news for some Bank of America mortgage customers. The bank sent letters to more than 200,000 homeowners who may be eligible … Continue reading Bank of America Mortgage Modifications
Class Action Lawsuit Against Debt Collectors
More than 100,000 New Yorkers now can fight back in court against against debt collectors. Federal Judge Denny Chinn granted class … Continue reading Class Action Lawsuit Against Debt Collectors
Easing Credit Card Rules for Stay-At-Home Moms and Spouses
A stay-at-home spouse or partner should get the benefit of the bread-winners access to credit. That’s the message coming out … Continue reading Easing Credit Card Rules for Stay-At-Home Moms and Spouses
Discover to Refund Cardholders
3.5 million current and former. Discover customers will receive refunds for credit card ad-ons sold by high-pressure telemarketers. The order comes … Continue reading Discover to Refund Cardholders
American Express To Repay Consumers $85 Million
American Express will refund $85 million to 250,000 consumers thanks to an order by federal banking regulators, the Consumer Financial … Continue reading American Express To Repay Consumers $85 Million
Governor Cuomo Demands Quick Insurance Payments
If you are one of the 360,000 New Yorkers trying to get insurance claims paid in the aftermath of Sandy … Continue reading Governor Cuomo Demands Quick Insurance Payments
No Job, No Health Insurance
A new report shows the link between the loss of your job and the loss of health insurance. The Employee Benefit … Continue reading No Job, No Health Insurance