debt relief scams

    By Jorgen Wouters

    | 11:00AM 5/28/2011
    Two operations that used robocalls to peddle bogus debt-relief plans to consumers with high credit card interest rates have been shuttered by the Federal Trade Commission. Advanced Management Services NW LLC and Dynamic Financial Group were accused by the FTC of making misleading telemarketing...

    By Jorgen Wouters

    | 8:00AM 12/29/2010
    The worst economic crisis since the Great Depression has provided happy hunting grounds for legions of unscrupulous scammers looking to take advantage of financially strapped consumers. Thanks to the collapse of the housing bubble, Wall Street's suicidal tendencies and unemployment rates nearing...

    By Sheryl Nance-Nash

    | 12:30PM 9/22/2010
    Many Americans are desperate to relieve their debt burdens. Here are some good options for whipping your debt into a manageable condition.

    By Jorgen Wouters

    | 2:45PM 9/03/2010
    Clean Credit Report Services Inc. has agreed to stop making false claims and charging up-front fees under a settlement with the Federal Trade Commission. The settlement is part of a Operation Clean Sweep, an ongoing crackdown on scams that target financially strapped consumers. In this case,...

    By Jorgen Wouters

    | 2:30PM 8/02/2010
    A phony debt-relief company that bilked consumers in the United States and Canada out of an estimated $22 million has been banned from the business under a settlement with the Federal Trade Commission. Mutual Consolidated Savings, which marketed a "Rapid Debt Reduction" program that promised to...