Debt Collection Abuse Tops FTC Consumer Complaint List

The Federal Trade Commission has issued a new report outlining the numerous complaints made by citizens concerning abusive debt collection calls. No other industry generated as much complaint, not even telemarketing. The FTC also shows in their report that current laws do little protect consumers from harassment or abuse over unsubstantiated debt. Repeated, continuous calls […]

FTC Rules to Help Homeowners Spot Mortgage Relief Scams

A new Federal Trade Commission rule was put in to place recently to help protect homeowners who are facing foreclosure. The FTC has decided that mortgage foreclosure rescue or relief operations and loan modification services cannot collect fees for their services until the homeowners receives an offer from their lender that they find acceptable. This […]

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