CFPB Rolling Back More Protection for Consumers – Again

As this year comes to a close, we are watching the Obama appointed administration; The Consumer Financial Protection Bureau, roll back more protections for consumers. At the end of 2021 the joke of an agency as they are; the CFPB is rolling back, yet again more protections that once upon a time existed FOR consumers.

Contact With a Debt Collector

When you are contacted by a debt collector, they are not allowed to ID themselves as anything but who they really are; debt collectors. They are not lawyers, they are not the police or the local county sheriff. We have legislation that prevents these collectors from being dishonest. These laws are put into place to […]

Over $1.6 Million Collected in Fraud Collection Scams in Arizona

A collection agency out of Arizona is being sued by the Arizona Attorney General for illegally collecting $1.6 million, and violations under the Fair Debt Collection Practices Act. Mark Smith and his wife Deborah Butler are being sued by the Arizona Attorney General for defrauding thousands of people out of more than $1.6 million. Butler [...]

Dave Ramsey has it so wrong

I often wonder why people listen to Dave Ramsy when he has a history of being so wrong on almost every financial statement he has ever made. However; his response really takes the cake –  “Paul” sent a letter to Dave asking how to handle and interact with debt collectors. Dave’s response was so astonishingly […]

Collection Agency loses lawsuit filed by Ohio Attorney General

Some states Attorney General’s work FOR consumers when collection agencies fail to comply with the laws. According to WKBN.com, the Ohio Attorney General has filed a lawsuit against “Advanced Capital Solutions” for violations of the Fair Debt Collection Practices Act (FDCPA).  The lawsuit was filed by a Washington State consumer who said the collector left […]