The Fair Debt Collection Practices Act was created by Congress in 1977 as a result of numerous complaints from consumers about collection agencies abusing or harassing them. It outlines very specifically what a debt collector can and can’t do when attempting to collect a debt. By law, under the FDCPA is that collection agencies may [...]
Entries from January 13th, 2010
Recording Phone Calls When Debt Collectors Violate the Law
January 13th, 2010 · 9 Comments · Consumer Info, Credit Counselor Front Lines, Debt Collection
Tags: abuse·collection agents·FDCPA·one party·record conversation·State Laws·States·taping phone conversations·two party·two party states
Obama Proposes New Fees for Bailout Banks
January 12th, 2010 · 1 Comment · Banking, Consumer Info
Ah, revenge is sweet. The Associated Press is reporting this morning the Obama administration is proposing to levy fees on bailed out banks to help lower the deficit. I know I’m not happy about the “seven to eight” figure executive bonuses projected to be given to bailed out bankers this quarter. (For those of you [...]
Tags: bailout·bank fees·banks·compensation packages·costs to consumers·deficit·levy fees·Obama administration·TARP·Taxes
Online Tax Software – Is It Right for You?
January 11th, 2010 · 2 Comments · Consumer Info, Taxes
As tax season approaches, once again you must decide if you will pay someone to do them or do your taxes yourself. Paying someone to do your taxes can be expensive, but purchasing tax software and filing your taxes yourself can be costly too. If you’re not tech savvy, you may be intimidated by the [...]
Tags: adjusted gross income·e-file·federal taxes·filing in Spanish·IRS·less expensive·online tax software·state taxes·tax program·tax season·Taxes
Are You Ready to Receive $1,100 to Save the Planet?
January 8th, 2010 · No Comments · Taxes
Are you ready to receive $1,100 to save the planet? Under a new Senate bill, called Carbon Limits and Energy for American Renewal (CLEAR) Act, you might just do that. Known as cap-and-dividend, a similar bill HR 1862, was introduced last April in the House. The new legislation would require oil, coal, and natural gas [...]
Tags: bill·cap and dividend·cap and trade·carbon credits·Carbon Limits and Energy for American Renewal (CLEAR) Act·carbon tax·greenhouse gases·House·renewable engery·Senate
