Harassed About a Debt You Don’t Owe? 5 Ways to Fight Back
Like many people these days, Credit.com reader E.D. is receiving phone calls from collections agents. Unlike many readers, however, E.D. is certain that the debt doesn’t exist. The callers say they are...
View ArticleThe Biggest Consumer Complaints of 2011
The top consumer complaints among Americans last year stay relatively the same, with car, credit and debt complaints topping the list. An annual report released by the Consumer Federation of America...
View ArticleSeniors the Target of Big-Ticket Fraud
Cecilia’s mother was the perfect mark. With a move to a nursing home looming, she already was suffering dementia. According to Cecelia, her brother took advantage of their mother’s declining mental...
View Article4 Ways to Spot an Internet Scam
The quintessential phishing scam goes something like this: An email arrives in your inbox, purporting to be from a financial institution, retailer or other company with which you do business. Some...
View ArticleIRS May Have Missed $5.2 Billion in Fraudulent Returns
In recent years, fraudsters have been able to mine a rich vein of potential identity theft by filing bogus tax returns for other people. But while the IRS has tried to come down hard on this type of...
View ArticlePayday Loan Scams 2.0: Things Just Got Worse
Payday loan scams, when thieves randomly call victims and talk them into paying for a loan they never took, have been going down for years. In one of the largest known cases, the Federal Trade...
View ArticleWhen Debt Collectors Go After American War Heroes
When it comes to scandalous behavior by debt collectors, I thought I’d heard it all. This is an industry known for its bottom feeders, who routinely bully and intimidate the weakest and most vulnerable...
View Article5 Ways to Stop Robocalls Now
Would you like to know how to stop robocalls; those annoying automated phone calls that interrupt you at home or work with a recorded message? So would some 17,000 consumers who live in Indiana who...
View Article5 Scams to Avoid After ‘Frankenstorm’
By Kelly Santos The aftermath of Hurricane Sandy is overwhelming: millions without power, dozens of deaths and thousands of canceled flights. Many organizations—government, private and nonprofit — are...
View ArticleFTC Cracks Down on Robocall Fraud
In the past several months, as many as a few million consumers nationwide have received automated phone calls from someone claiming to be “Rachel” from “Cardholder Services,” but the FTC recently...
View ArticleHow to Beat Debt Collection Scammers at Their Game
For years, we’ve been warning consumers about debt collection scammers. These companies call consumers and threaten with dire consequences — arrest, lawsuits, wage garnishment or worse — if they don’t...
View ArticleShoppers More Concerned About Credit Card Security
These days, many Americans are more concerned about the security of their debit and credit card accounts, and as such are more receptive to ways in which they may be able to better protect themselves...
View ArticleShocking Stat: 10,000 Identity Theft Rings Operating in U.S.
Identity theft is a very real problem affecting millions of Americans every year, but in a shocking number of cases, it seems that these crimes might be the work of organized fraud rings. Today, there...
View ArticleCriminals Still Rely on Real-World Identity Theft
Many consumers across the country might know all about the threats they face online when it comes to identity theft and the possibility of losing their personal or financial data. But in truth, the far...
View ArticleThis Week in Credit News: Smart Holiday Spending
Even though Black Friday and Cyber Monday are behind us now (much to the relief of some Scrooges), there is still a lot of holiday shopping to be done. The biggest news this week was all about smart...
View Article12 Holiday Scams to Watch Out For
As more consumers pick up their smartphone and tablet to go holiday shopping, cyber crooks will try just about anything to dupe them out of their hard-earned money. Forty percent of identity theft...
View ArticleMortgage Modification Scams Get Busted by CFPB
The housing market has been slowly recovering for most of the year, but the fact remains that millions of Americans are still underwater when it comes to what they owe on their mortgage versus the...
View ArticleExperts Warn of Fraud Spike this Holiday Season
During the holiday shopping season, millions of consumers use their credit or debit cards to make purchases at their favorite retailers as they hustle to cross everyone off their shopping list, but...
View ArticleWhat You Need to Know About Tax-Related Identity Theft
Tax day is months away, but take steps now so you can file your return early — before identity thieves beat you to the punch. Many victims of tax-related identity theft uncover the fraud after they...
View ArticleDon’t Fall For These Common Travel Scams
There’s more to travel than road trips and games, as travelers can be prime targets for scams. To make sure you keep every cent in your pocket, we’ve listed the most common scams to watch out for....
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