Archive | February, 2010
Consumers Lose Millions To Tax Refund Operations
Many consumers expecting a refund are anxious to get it as soon as possible. That makes them vulnerable to promises of quick tax refunds. They may need the money to pay rent or make immediate debt payments. Often what happens is that consumers lose a large part of the refund to interest and fees. Called Refund [...]
Continue reading...Large identity theft ring busted in New York
26. February 2010
The announcement by New York law enforcement officials that 22 people had been charged in an identity theft ring should serve as a reminder to people to regularly check their credit reports for any discrepancies. The report from Dow Jones Newswires quoted U.S. Attorney Preet Bharara as announcing that two of those facing charges were [...]
Continue reading...Tax Specialist Scams Are Still Scams
22. February 2010
The tax season is here and this is the time of year consumers can expect to hear terms like “tax settlement specialist”. According to the advertisements this is someone who can help you settle a tax debt for pennies on the dollar. If the image of a snake oil salesman comes to mind, you would [...]
Continue reading...Credit CARD Act implementation could lead to payday loan use
22. February 2010
Consumers with bad credit reports may soon find themselves reliant on short-term lenders, as new laws being implemented on Monday by the Credit Card Accountability, Responsibility, and Disclosure Act of 2009 may make it harder for them to open new lines of credit. According to a recent report by Reuters, some of the rules being [...]
Continue reading...Consumer Wages Squeezed By Inflation
19. February 2010
Consumers have been under attack economically for a year and a half due to the impact of the recession, and now a new front is forming. The US government recently issued a report that showed consumer wages are being outpaced by inflation. As unemployment continues to remain at 10 percent, it has become doubtful whether [...]
Continue reading...OSI Portfolio Services
19. February 2010
OSI is a leading national company providing accounts receivables management services to their clients. Company headquarters are located in St. Louis Missouri with operations in 25 states across the country as well as in Canada, Mexico and Puerto Rico. OSI clients include numerous Fortune 500 companies. [...]
Continue reading...4 Tips For Reducing Credit Card Dependency
19. February 2010
Credit cards can be fantastic financial tools. Credit card use can make tracking your personal finances easier. They also give the holder more buying power and flexible payment methods. However, irresponsible use of a credit card can be a very slippery slope. Spending can become addictive, and a tool like a [...]
Continue reading...Data breaches can hit even the cautious
19. February 2010
One reason it’s so important to monitor one’s credit record is because even people who are meticulous about their own data security could end up with their sensitive personal data being compromised. Hackers have repeatedly demonstrated their ability to break into large computer networks and steal the Social Security numbers and other data of thousands [...]
Continue reading...Text Donations Is New Use Of Social Networking
15. February 2010
When the Haiti earthquake occurred several weeks ago, there were pleas for cash donations. In an effort to help, companies offered to collect donations from customers and pass them on the relief organizations Emerging from this situation is the text donation. Texting donations have been done in the past but not one the scale seen for [...]
Continue reading...Five Tricks to Getting a Fast Tax Refund
15. February 2010
If you get money back in the form of a tax refund every year or if you expect to have a check coming your way this year from the IRS, you’re probably eager to get that check into your bank account as quickly as possible. If you’re in the habit of getting a tax refund every [...]
Continue reading...Identity Theft 101
12. February 2010
The victims of identity theft are as varied as the methods used to steal someone’s identity, and as numerous as the hours it takes to clear up the financial and emotional wreckage left in the wake of criminals who perpetrate this very personal form of fraud. Sometimes these criminals are the employees of the businesses [...]
Continue reading...New Warnings Issued Over Debt Settlement Traps
8. February 2010
There has been a new set of warnings issued by consumer groups concerning debt settlement companies. Debt settlement companies offer to help consumers gain control of their debts for a fee. But not all debt settlement companies are equal, and that is why some consumers actually find themselves deeper in debt after paying the fees. The [...]
Continue reading...New Warnings Issued Over Debt Settlement Traps
8. February 2010
There has been a new set of warnings issued by consumer groups concerning debt settlement companies. Debt settlement companies offer to help consumers gain control of their debts for a fee. But not all debt settlement companies are equal, and that is why some consumers actually find themselves deeper in debt after paying the fees. The [...]
Continue reading...Don’t Tap Cash Advances to Chase Away February Blues
8. February 2010
It’s tempting, in February, to look toward cash advances as a way to escape the winter blues. Even if you don’t live in a state with a cold climate, February isn’t exactly the friendliest month. The holidays are long gone. The credit-card bills from them aren’t. And there’s little to look forward to after the [...]
Continue reading...Don’t Tap Cash Advances to Chase Away February Blues
8. February 2010
It’s tempting, in February, to look toward cash advances as a way to escape the winter blues. Even if you don’t live in a state with a cold climate, February isn’t exactly the friendliest month. The holidays are long gone. The credit-card bills from them aren’t. And there’s little to look forward to after the [...]
Continue reading...Downsizing Weddings To Stay Out Of Debt
5. February 2010
Before the recession, the wedding business was booming in every way. People were spending tens of thousands of dollars on their weddings. From expensive wedding dresses to wedding chapel rental fees on resort islands, the cost of weddings seemed to grow without limitation. Unfortunately there are many couples who start their married lives in debt from [...]
Continue reading...Debtors Calling at Work
5. February 2010
Efforts to collect debts by creditors are often relentless. The horror stories about the various Tactics and methods used by debt collection agencies for the purposes of collecting a debt are countless. Those that have been subjected to these calls know that they can be both embarrassing [...]
Continue reading...Find Affordable Payments for a Used Car by Using a Loan Calculator
5. February 2010
Why in the world would anyone want to use a used car loan calculator? Well, maybe, just maybe, its time to bring another car into the fold. Perhaps, one of your children has come of age and another vehicle would help ease the wear and tear on the family sedan; maybe you need something for [...]
Continue reading...How To Make Getting Out Of Debt Easier
1. February 2010
Working to free yourself from debt is never easy. If you have gotten to the point where you need to contemplate freeing yourself from debt like it is some sort of prison then you probably have some challenging times ahead of you. Never fear. You can do it. And you can [...]
Continue reading...Popularity of Debt Consolidation Loans Rising Along with Unemployment
1. February 2010
It is no surprise that debt consolidation loans are growing in popularity. The nation’s weak economy has left many without jobs, while many of those fortunate enough to still be employed are working fewer hours as their employers look for alternative ways to cut costs. At the same time, these people’s home [...]
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26. February 2010
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