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01/13/2011
Schemes Target Finances
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01/10/2011
Advance fee loan scams prey on consumers and business owners who are struggling financially; ads and websites promise easy loans, credit cards, and other financing offers—regardless of credit history.
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01/07/2011
Consumers seeking debt-relief call toll-free numbers featured in ads and sign up for programs solicited by telemarketers. In some cases, consumers pay hundreds in advance fees, but receive little to no assistance and end up even deeper in debt.
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01/07/2011
Sometimes the "debt collector" calling turns out to be an identity thief who is trying to get you to divulge personal or financial information
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12/30/2010
BBB Offers Managing Credit – Made Simpler
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11/10/2010
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10/09/2009
Seattle-based H&K Financial Has Unanswered Complaints and BBB's Attention
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03/01/2007
With prices averaging more than $28,000 for a new vehicle and $15,000 for a used vehicle, most consumers need financing or leasing to acquire a vehicle. In some cases, buyers use “direct lending:” they obtain a loan directly from a finance company, bank or credit union. In direct lending, a buyer agrees to pay the amount financed, plus an agreed-upon finance charge, over a period of time. Once a buyer and a vehicle dealership enter into a contract to purchase a vehicle, the buyer uses the loan proceeds from the direct lender to pay the dealership for the vehicle. Consumers also may arrange for a vehicle loan over the Internet.
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07/01/2003
The Federal Trade Commission (FTC) is the nation’s consumer protection champion. The FTC works for the consumer to prevent fraud, deception and unfair business practices in the marketplace. The FTC provides the information consumers need to spot and avoid fraud and deception.
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11/12/1999
The Gramm-Leach-Bliley Act was enacted on November 12, 1999. In addition to reforming the financial services industry, the Act addressed concerns relating to consumer financial privacy. The Gramm-Leach-Bliley Act required the Federal Trade Commission (FTC) and other government agencies that regulate financial institutions to implement regulations to carry out the Act's financial privacy provisions (GLB Act). The regulations required all covered businesses to be in full compliance by July 1, 2001.
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