Over the summer, we told you about a mortgage relief scam that defrauded homeowners in financial distress. The case especially affected Spanish-speaking homeowners in Southern California. According to the FTC, Brookstone Law and Advantis Law firms convinced homeowners to make an upfront payment to join a mortgage lawsuit against banks and lenders, supposedly to help them avoid foreclosure, get rid of their mortgages, or get money from their lenders.
What’s one kind of scam targeting you and everyone you know? Imposter scams. They happen when scammers pretend to be a person, business, or government agency you trust, then try to convince you to send money. One of their latest targets: people who own tractor-trailer trucks and other commercial vehicles.
If you’re just getting by, and someone offers you the chance to earn more money through a business opportunity, you might be willing to listen, right?
Unfortunately, those offers often turn out to be just another scam. Today the FTC announced charges against three people and multiple companies behind a telemarketing scheme that targeted older people and veterans, and took millions of dollars from people with promises they would multiply their investment.
Whether you’re 16 or 60, buying a used car can be an exciting experience. But it can also be a big financial commitment, with some industry reports estimating that the average price of a used car is close to $20,000. A new consumer.gov article gives you tips for buying a used car, written in a plain and simple style that cuts to the chase.
Hurricane Matthew has left the Caribbean and is on its way to the east coast of the U. S. If you live in states along the coast and haven’t begun storm preparations, now’s the time. The FTC has information to help you prepare for, deal with, and recover from the long-term impacts of a weather emergency.
Are you a former ITT Tech student trying to plan your next steps? You’re not alone. Thousands of former students have questions about the status of their student loans and the future of their education.
As you consider what to do next, here’s some helpful information from the Department of Education (ED) about two options available to ITT students: getting your federal student loans discharged, or trying to transfer your ITT Tech credits to another school.
Buying a car can be exciting, but what if there are strings attached? Some buyers told us that they financed a car through a dealership, signed a contract, and drove the car home, only to be told that the financing didn't go through and they had to sign a new deal or lose their down payment. There’s a name for that: it’s called a “yo-yo” financing tactic. It’s just one of a trunk-load of charges the FTC is bringing against Sage Auto Group, a group of nine Los Angeles-based auto dealerships, and the three brothers who control them.
Are you getting calls or emails from a company you’ve never heard of? Wondering how they got your name or number — or how they know what you’re interested in? The reason might be lead generation. Here’s what you need to know.
The FTC will be refunding nearly $20 million to people who were misled by One Technologies about getting “free credit scores” that weren’t so free. The money comes from a 2014 settlement with One Technologies. According to the FTC, the company misled people by advertising free credit scores without making clear that people would be enrolled in a credit monitoring program — and charged $29.95 per month.