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Debt

Federal Trade Commission
National

FTC Shuts Down Fraudsters Threatening Jail for Fake Debts!

May 4, 2025May 4, 2025 - by Maryann Pugh

WASHINGTON, D.C. — The Federal Trade Commission (FTC) has announced decisive action against Global Circulation, Inc. (GCI) and its owner, Kenneth Redon III, over allegations of widespread fraudulent debt collection …

FTC Shuts Down Fraudsters Threatening Jail for Fake Debts! Read More

Financial Stability
Personal Finance

Three Stops on the Road to Financial Stability

April 17, 2025April 17, 2025 - by Joe Oliver

Achieving financial stability doesn’t happen overnight — it takes a journey. And, as with every journey, you’ll need to make some stops along the way. These stops, or milestones, can …

Three Stops on the Road to Financial Stability Read More
Settlement, fines
Pennsylvania

Scammed Out of Thousands? PA Attorney General Fights Back and Wins Big for Victims

April 5, 2025April 5, 2025 - by Maryann Pugh

HARRISBURG, PA — Pennsylvania Attorney General Sunday has reached a settlement requiring Accelerated Debt Settlement, Inc. and its affiliated entities to pay $550,000 in penalties and refunds for allegedly illegal …

Scammed Out of Thousands? PA Attorney General Fights Back and Wins Big for Victims Read More

Consumer Financial Protection Bureau Requests Information on the Impact of the CARD Act Regulations on Small Entities and the Consumer Credit Card Market
National

CFPB Shifts Focus, Opens Door to Revising Payday Loan Regulations

March 30, 2025March 29, 2025 - by Maryann Pugh

WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) announced on Friday, March 28, that it will be deprioritizing enforcement and supervision actions related to penalties under the Payment Withdrawal …

CFPB Shifts Focus, Opens Door to Revising Payday Loan Regulations Read More
Federal Trade Commission
National

FTC Shuts Down Fraudulent Debt Scheme Preying on Consumers with Fake Threats

March 9, 2025March 9, 2025 - by Maryann Pugh

WASHINGTON, D.C. — A federal court has taken decisive action to shut down a phantom debt collection scheme, freezing its assets and temporarily halting operations following a lawsuit filed by …

FTC Shuts Down Fraudulent Debt Scheme Preying on Consumers with Fake Threats Read More

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