Former Collection Agency CFO Sentenced

April 24, 2012 No comments yet

View full post on Regulation The chief financial officer of a collection agency in Kalispell, Mont. was sentenced to 21 months in federal prison for tax evasion and ordered to pay $159,000 in restitution, according to the U.S. Attorney’s Office.

Medical Collection Agency Under Fire In Minnesota

April 24, 2012 No comments yet

View full post on Collections – Credit Card One of the nation’s largest medical collection agencies allegedly placed employees in emergency rooms, cancer wards and delivery rooms to extract payments from patients before they were seen by medical staff, according to a report released Tuesday.

CFPB Update: Upfront Credit Card Fees

April 24, 2012 No comments yet

View full post on Credit and Personal Finance Blog | Credit Karma Is the consumer watchdog’s bark worse than its bite? Last week the CFPB proposed to eliminate a part of the Credit Card Act that prohibits credit card companies from charging processing fees during the card application process. Why was this rule created? When [...]

Optimism Rises As Card Purchase-Volume Growth Exceeds Expectations

April 23, 2012 No comments yet

View full post on Collections – Credit Card Can card issuers heave a sigh of relief that consumers are returning to pre-recession spending patterns on credit and debit cards?

Optimism As Card Purchase-Volume Growth Exceeds Expectations

April 23, 2012 No comments yet

View full post on Collections – Credit Card Can card issuers heave a sigh of relief that consumers are returning to pre-recession spending patterns on credit and debit cards?

How Do I Improve My Poor Credit?

April 22, 2012 No comments yet

View full post on Credit and Personal Finance Blog | Credit Karma In this new video series, Bethy and Ezra will answer some of the most frequently asked questions in the Credit Advice Center. Today’s video was prompted by one of the most popular questions (with more than 200 responses!), “I have really poor credit, [...]

Colorado Supreme Court Issues Ruling In Defaulted Auto Loan Case

April 20, 2012 No comments yet

View full post on Regulation The Colorado Supreme Court this week ruled that the defunct Norlarco Credit Union could not sue to recover the balance on a defaulted auto loan.

The Ultimate Guide to Credit Karma, Part 6: Financial Reviews

April 20, 2012 No comments yet

View full post on Credit and Personal Finance Blog | Credit Karma Today we’re covering Credit Karma’s Reviews section, which is a treasure-trove of consumer opinions on financial products including credit cards, mortgages, auto loans, auto insurance, banking, home equity, credit unions and life insurance. Reviews – Yelp for Financial Products Just like searching for [...]

Thursday Roundup: Are You Stupid if You Gamble?

April 20, 2012 No comments yet

View full post on Credit and Personal Finance Blog | Credit Karma Are You Stupid if You Gamble? “Recently, with the huge Mega Millions jackpot, a lot of attention has been paid to lottery, and even gambling. Much has been written about the odds of winning, as well as the folly of staking your financial [...]

Ohio AG Sues Foreclosure Rescue Operation

April 19, 2012 No comments yet

View full post on Regulation Ohio Attorney General’s office is suing a California man for running a foreclosure rescue operation that used multiple business names and failed to deliver on promises to lower consumers’ mortgage payments.


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