BBB offers advice for National Credit Education Month

Credit can be extremely helpful–but it can also get you in trouble if you’re not careful. March is National Credit Education Month and Your BBB wants you to be prepared before you shop for a car, buy a house or open a credit card account. A big part of that is checking your credit score. Your BBB…

FTC cracks down on Florida-based payday loan scheme

Of the scams that make my blood boil, payday loan scams are near the top of the list. People who are desperate for cash end up losing what little they already had. Meanwhile the scammers get to live it up on other people’s money. And it’s so hard to track them down or really know who…

FTC settles with alleged operators of Kentucky-based pyramid scheme

The pyramids in Egypt might be solid structures, but the other kind of pyramid–the pyramid scheme–has a lot more in common with a house of cards. The Federal Trade Commission (FTC) just announced a settlement with the alleged operators of a Kentucky-based pyramid scheme that drew in 350,000 consumers over four years. The operators of Fortune…

It’s tax time! Choose the right tax professional for you

Better Business Bureau (BBB) urges consumers to take do their homework before filing their taxes. When your employer hands you your W-2 form, it can be tempting to rush out and get your taxes done so you can get your refund sooner. But, BBB serving Central, Coastal, Southwest Texas and the Permian Basin encourages taxpayers to…

BBB Tips for Claiming Your Unclaimed Property

According to the official State of Texas unclaimed property website, ClaimItTexas.org, one in four Texans has unclaimed property from forgotten bank accounts, uncashed checks, security deposits and utility refunds.  People are becoming more aware of the different kinds of unclaimed property out there and the l possibility that money could be waiting for them. Unfortunately,…

World Law Debt puts consumers in a world of financial trouble

BBB warns public about potential credit damage from Texas-based company World Law Debt tells consumers it can reduce the amount they owe and help pay down debt. But, Better Business Bureau discovered the company’s practices often get consumers into legal trouble and drive them further into debt. As of July 24, 2013, BBB has 34…

Are lenders seeing the same credit score you see?

A new government report found that the credit score you see might not be the same score lenders are seeing when they pull your credit report. According to a study from the Consumer Financial Protection Bureau, one out of five consumers is likely to receive a score that is “meaningfully” different from the score used…

350+ Self-help Websites Scamming Consumers Out of Money

How closely do you look at your credit card bill when it comes in? Do you take the time to go through each purchase to make sure it was actually a purchase you made and authorized? Chances are, if you’re like me, you might quickly glance at your bill, decide the amount seems to be…

New Banking Rules Could End Up Costing You

If asked, it would probably be safe to say that many Americans would say they use a debit card over cash whenever making a purchase. Using cash involves the hassle of finding the right amount, cash registers, counting money and change. Versus using a debit card which simply involves one single swipe and, done! But…