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Debt Collection Industry Still #1 Source of Complaints at FTC
The Federal Trade Commission has released its annual report on the Fair Debt Collection Practices Act for 2006, which documents complaint patterns and enforcement actions by the FTC during calendar year 2005. Consistent with recent years, the latest report shows that consumers complain more about debt collection than any other industry. “Last year, consumer complaints
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Debt Elimination Scammers Get Bolder
In several recent articles and blog posts, I have taken a strong position against bogus “debt elimination” programs. Unfortunately, these scammers seem to be getting bolder by the day. In the past few weeks, I’ve actually seen some of the perpetrators issue press releases. Talk about a fast track to getting on a “world’s dumbest
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“Maxed Out” — An Early Look at an Important Documentary
“Maxed Out” is the name of a new documentary by James Scurlock that takes a hard look at our credit card culture. I haven’t yet viewed the film, and will post a review after I’ve had a chance to see it. For the moment, I’m basing this post on the recent Newsweek interview with Scurlock.


