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 […]

Is the Recovery Stalling Out? Some Data May Suggest That it Is

The economy may be struggling to gain traction as the pandemic shows little sign of ending, according to data released by JPMorgan Chase. CNBC reports that the data shows spending has leveled off at about 10 percent below its’ 2019 levels for more than a month. The data includes use of both credit and debit […]

Fannie and Freddie Try to Minimize Their Risk in the Housing Market

The two major government mortgage companies … Freddie Mac and Fannie Mae … have announced that they are imposing a new fee to protect themselves from losses on refinanced mortgages. The move is seen as a sign of possible volatility in the housing market. The Wall Street Journal reports that the lenders said late Wednesday […]