Wells Fargo FINED $185 million for opening bogus accounts

We usually think of banks as conservative, upright corporate citizens simply doing their best to screw the public.  Far fetched?  Not today.  http://www.usatoday.com/story/money/2016/09/08/wells-fargo-fined-185m-over-unauthorized-accounts/90003212/ The Consumer Financial Protection Board has fined Wells Fargo $185 million for trying to boost up its demand … Continue reading

Department of Education has fired several Debt Collectors including Pioneer Credit for sleazy collection practices.

Gary Nitzkin, Michigan Consumer Credit Lawyer

The Department of Education has turned a blind eye to the collection harassment and debtor abuse that  debt collectors that it has hired collect student loan debt.  Well, no more.  On Friday, February 27, 2015, it announced that its firing … Continue reading

Don’t Fall for Scam Debt Collectors Frightening Tactics

Liar

Scam debt collectors are everywhere and their tactics are downright frightening for most people. Some are threatened with arrest, exposure to employers, or humiliating calls to friends, relatives and neighbors. Every day we receive calls from scared, angry consumers in … Continue reading

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