I really didn’t think lending practices could sink any lower. We’ve had First Premiere charging 79% on credit cards, universal default (your other credit cards raising interest rates if you pay late on someone else), transaction sorting and outrageous overdraft fees. I just read two posts on the consumerist about readers who wrote in complaining [...]
Entries Tagged as 'State Attorney General'
Want Chase to Charge “Late” Fees? Make Your Payments Early
January 28th, 2010 · 6 Comments · Consumer Debt
Tags: Chase Bank·credit card statement·Credit Cards·FTC·Grace Period·lete fees·mortgage payments·payment cycles·State Attorney General
If Agency Isn’t Suing – Is Collection on Old Debt Legal?
December 17th, 2009 · 2 Comments · Debt Collection, I'm being sued!
We talked in this post about the recent round table held by the FTC on the collection of old debt. It was universally agreed that it is unethical and possibly illegal to sue on time-barred debt, or debt which is past the statute of limitations. There was extensive discussion on the case Kimber v. Fed. [...]
Tags: Alaska·Debt Collection·FDCPA·FTC·Georgia·old debt·Roundtable·State Attorney General·Statute of limitations·statute of limitations on debt·Texas
Florida State Attorney General Files Suit Against Debt Settlement Firms
October 20th, 2009 · 13 Comments · Credit Cards, Debt Settlement, Legal Stuff
Florida State Attorney General Bill McCollum recently filed two lawsuits against Texas-based Credit Solutions of America, Inc. (CSA) and Clearwater-based ADA of Tampa Bay, Inc., which does business as American Debt Arbitration. The lawsuit against ADA also names the company’s principal Glenn P. Stewart, as well as Arizona-based entities Nationwide Asset Services, Inc., Service Star, LLC, and Universal Debt Reduction, LLC.
Tags: American Debt Arbitration·consumers·Credit Solutions of America·debt negotiation·Debt Settlement·Florida·lawsuit·State Attorney General
