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Ameriquest: Success or Scam?

Consumer News

Ameriquest: Success or Scam?

An American Success Story Between 1990 and 2008, Spectacularly-successful financial services company whose business model was based on selling mortgages to families that couldn’t afford them, then selling those worthless…

CreditRepair.com

Ad Alert

CreditRepair.com

“You don’t have time for the problems a low credit score creates,” says this radio ad for CreditRepair.com.   “Although your results may vary, our past customers have seen an…

APR? HECM? KNOW YOUR FINANCING

Consumer News

APR? HECM? KNOW YOUR FINANCING

Perhaps no segment of our economy is more confusing to the normal, everyday consumer than  financial services.  Whether it’s the lingo, such as Annual percentage rate; the amount of interest…

Consumer Financial Protection Bureau

Consumer Basics

Consumer Financial Protection Bureau

Congress created the CFPB after the 2009 financial crisis to regulate mortgages, student loans, credit cards, and other financial products and services used by consumers.

Penn Foster College

Ad Alert

Penn Foster College

For-profit college reaches settlement with Oregon Department of Justice over accreditation claims.

Capital One Credit Cards

Class Action

Capital One Credit Cards

Allegations: Falsely advertising that consumers can get pre-approved for credit cards in a process that does not affect their credit score when the company runs a type of credit report…

SRP Federal Credit Union

Class Action

SRP Federal Credit Union

Allegations: Misrepresenting that it protects customers’ personal information when it failed to do so and there was a data breach in 2024

TD Bank’s Secured Credit Cards

Class Action

TD Bank’s Secured Credit Cards

Allegations: Falsely representing that customers who keep their secured credit cards in good standing for seven months can graduate to an unsecured credit card, which would let them control the…

National Credit Union Administration

Consumer Basics

National Credit Union Administration

Since 1970, the National Credit Union Administration (NCUA) has been the regulator and primary enforcement authority for federal credit unions.  Among its many responsibilities, the NCUA is charged with enforcing…

Rewards Points on the Gap Credit Cards

Class Action

Rewards Points on the Gap Credit Cards

Allegations: Failing to disclose that the companies wipe out the rewards points customers accumulate on credit cards in certain situations, such as when credit cards are replaced due to loss…

Foreign Transaction Fees at Navy Federal Credit Union

Class Action

Foreign Transaction Fees at Navy Federal Credit Union

Allegations: Misleadingly representing that the credit union charges foreign transaction fees on transactions made outside of the United States when it charges such fees on transactions made online in the…

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