FTC Restricts Debt Settlement Industry
Today, the Federal Trade Commission announced new restrictions for for-profit companies that consolidate, reduce and eliminate debt on consumers’ behalf.
Today, the Federal Trade Commission announced new restrictions for for-profit companies that consolidate, reduce and eliminate debt on consumers’ behalf.
Earlier this month, during the only vice-presidential debate of the year, Alaska Gov. Sarah Palin gazed into the camera and offered U.S. consumers some economic advice for confronting the financial crisis:
“Let’s do what our parents told us before we probably even got that first credit card,” the GOP hopeful More…
The credit crunch is hitting people right where it hurts: More consumers are paying their credit card bills late, and credit card companies are becoming increasingly aggressive about going after their money, The Wall Street Journal says today.
The percentage of credit card delinquencies rose in the first quarter More…