Financial & Insurance Fraud
high-to-low processing

Payments Puzzle Persists at Banks

Posted: July 31, 2014 at 8:00 am   /   Financial & Insurance Fraud

Ever heard of high-to-low processing? It’s a technique used by banks in order to ensure consumers pay the largest possible overdraft fees. The Wall Street Journal reports on how to avoid them… Hundreds of small and regional banks are clinging to a practice that can cause consumers to incur multiple overdraft fees in the same […]

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Credit Card Fraud Suit

Exec Hit With $25M Judgment In FTC Credit Card Scam Suit

Posted: June 11, 2014 at 1:16 pm   /   Financial & Insurance Fraud

According to the FTC Ideal Financial Solutions Inc. targeted large number of poor consumers, charging their credit cards $30, despite the fact that they had never contacted the for a payday loan in the first place. From 360Law: An executive at a company that allegedly scammed more than 1.5 million credit and debit card consumers […]

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The Wrong Ways to Boost Your Credit Score

The Wrong Way to Boost Credit Scores

Posted: March 13, 2014 at 10:29 am   /   Financial & Insurance Fraud

Don’t know much about credit reports and scores? Here’s a primer by’s Christine DiGangi on separating the useful information from the irrelevant. Common sense tells us that not all advice can be good advice. While there are different schools of thought on how to best manage your credit or achieve the best credit scores, […]

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Social Media and your Credit Score

Social Media and Your Credit Score

Posted: March 12, 2014 at 10:49 am   /   Financial & Insurance Fraud

This piece by Allison Martin will give you pause for thought before you share certain details about your financial situation on social media. The days of airing out your personal life on Facebook, Twitter or any of the other social media outlets may be coming to an end if you want to preserve your good […]

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What is creative financing?

What is Creative Financing?

Posted: December 18, 2013 at 12:28 pm   /   Financial & Insurance Fraud, Personal Protection

Some people do not understand the difference between creative financing and fraud. I think this quote from Steve Myers on is an accurate summation: Creative financing does not involve fraud. It isn’t drenched in deception. It’s not used to fool the buyer, seller nor lender. Too often in the everyday world of financing from […]

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identity theft by tax preparer

Identity Theft by a Tax Preparer

Posted: November 30, 2013 at 1:33 pm   /   Business Protection, Financial & Insurance Fraud, Identity Theft

There are few things that are more aggravating than having your identity stolen. The countless number of hours required to fix the problem doesn’t hold a candle to the amount of damage that can be done to your financial history, affecting your ability to gain credit in the future. To add insult to injury, when […]

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