Tips and Advice

Our regularly updated Tips & Advice section contains free educational guides on consumer law, financial planning and improvement. Is there a guide you want to see published? Let us know!

How the Payday Loan Industry gets States to Ignore the Constitution

In the United States, it is illegal to have a person arrested because of a debt. That’s because of the many obvious ways those with a lot can exploit those with a little. You’ll have a hard time finding a person who disagrees with the premise that people shouldn’t not be persecuted for not being […]

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Why You Shouldn’t Take Out Payday Loans

Companies that offer payday loans often paint themselves to be the solution to a variety of cash flow problems. They often coax people into taking out loans for such purchases as short vacation getaways, renewing wardrobes, concerts or sporting events, deserved nights out and other ‘luxuries’. The problem with purchasing such items with payday loans […]

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Scam Update – BBB Warns Against “Jamaican” Phone Scam

The Better Business Bureau (BBB) has released a new scam warning about a phone scam originating from Jamaica, targeting American consumers. Referred to as the long-running “Jamaican Phone Scam,” the BBB informs consumers that this has been operating for some time already, with different variations. The Original Jamaican Phone Scam The characteristics of the earliest […]

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Information Selling, Identity Theft and Payday Loan Scam Rumbled by Federal Trade Commission

The Federal Trade Commission has reported a new payday loan scam that has resulted in the dissolution of one of the largest known cases of illegally bought, sold and utilized consumer information know in U.S. history. The FTC has closed down the operations of a group that perpetrated in excess of 2.7 million calls to […]

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Bad Credit Consumer Manual

If you have bad credit and want to take action to improve your situation, the Federal Trade Commission (FTC)  is a U.S. government funded national consumer protection agency offering support. Why should you approach the FTC? The FTC is a government organization, so it is impartial and not funded by lenders or creditors (unlike some […]

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Phone Scam Sparked By Payday Loan

According to News First 5, some people who had taken a payday loan were shocked when they got a call from the Department of Law and Investigation saying that they owed more money. The caller said that if they didn’t pay up they would be taken to court and thrown in jail. The department doesn’t […]

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Cash Advance BBB Tips

In an interview with Fox 7 News in Texas, a representative of the Better Business Bureau (BBB) spoke of the action the State Legislature took against some cash advance companies that were exploiting consumers. In the last year, the BBB has handled some 4,000 complaints against payday lenders that have offered loans with confusing terms […]

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