• payday online scam

    Online payday lenders to settle with FTC

    Feb 08, 2016 Sara Miller

    The Federal Trade Commission (FTC) accused online payday lenders SFS and Red Cedar Services of asking consumers to pay inflated fees. The lenders settled the FTCs charges regarding illegal fees. They agreed to pay $2.2 million each and jointly waived $68 million in fees that had not been collected. So far the FTC has recovered […]

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  • cash advance f1 team

    F1 team also needs a cash advance?

    Jan 02, 2016 Sara Miller

    Yes, there are times when an F1 team also needs a cash advance. An F1 team could face a cash shortfall in months when income is low and expenses are high. According to Monisha Kaltenborn, Sauber followed Force India and asked Bernie Ecclestone for a cash advance on its Formula 1 championship payments to prevent […]

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    Stop Unscrupulous and Illegal Debt Collection – Action Taken

    Dec 16, 2015 Sara Miller

    Finally! The Federal Trade Commission (FTC) and other Federal, State and Local authorities have pooled their resources in a move to stop unscrupulous and illegal debt collection! The FTC published in its webpage (http://www.consumer.ftc.gov/blog/ftc-abusive-debt-collectors-youre-outta-business) a sample letter issued by a rogue collection agency to pressure people, during these times of recession and economic difficulties, into […]

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  • scam-alert-cash-advance

    Cash Advance Fee – Scam Alert

    Jun 26, 2015 Sara Miller

    By the passing day, increasing number of reports regarding loan scams have been received by the Washington State Department of Financial Institutions (DFI). These scams are being conducted by certain people who are claiming to be representatives of firms such as Cash Advance America, Advance America Payday Loans, and Advance America. How does it work? […]

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